Link and Eagle Tax Consultancy has joined the Malawi Revenue Authority (MRA) in helping government curb the problem of loss of tariff revenue through mistakes made during clearing of goods. The Consultancy is doing this by conducting trainings for clearing agent’s staff on tariff classification. According to Link and Eagle Consultancy Managing Director, Lexson Kachala, […]
Private schools under the Independent Schools Association of Malawi (ISAMA) have made commitments to honour their tax obligations and always request for clarification from MRA whenever they encounter technical challenges. The schools made the stand on Friday, 10th March, 2017 at Mawila Private School in Liwonde during a workshop aimed at enhancing tax compliance conducted […]
The Malawi Revenue Authority (MRA) recently seized 300 buckets of 20 litre cooking oil at Chiponde in Mangochi. The cooking oil is suspected to have been smuggled from neighbouring Mozambique contrary to Section 134 of the Customs and Excise Act. MRA Director of Tax Investigations, Steven Kajombo said the operation was conducted following a tip […]
Prominent tax consultants have acknowledged that there are many businesses and entrepreneurs in Malawi who are not paying taxes. The observation was made by Misheck Msiska, a partner at Ernst and Young, and Vyalema Moyo of Pricewaterhouse Coopers (PwC) during their presentations in Blantyre at the launch of a book titled “ A Comprehensive Guide […]
Member countries under the African Tax Administrations Forum (ATAF) are having a two-day conference on Value Added Tax in Blantyre, Malawi. The conference which has started on March 1, 2017 is aimed at ‘Priortising Domestic Taxes in Africa’ and it is being co-hosted by the Malawi Revenue Authority (MRA) In his address, ATAF Executive Secretary […]
The Malawi Revenue Authority (MRA) has admitted the existence of both genuine and fake Electronic Fiscal Devices (EFDs) and receipts on the market but defended the development, saying it is not affecting its revenue collections targets. MRAlaunched the EFDs in 2014 inorder to enhance tax collections by ensuring tax compliance of Value Added Tax (VAT) […]
The Malawi Revenue Authority (MRA) has justified the Value Added Tax (VAT) accrued to water saying without it consumers would be paying hefty bills for the utility to foot the suppliers’ production expenses. The Authority disclosed this at a national interface with Civil Society Organizations (CSOs) in Lilongwe aimed at sensitizing the CSOs to enhance the […]
The Malawi Revenue Authority (MRA) Friday urged the Civil Society Organisations (CSOs) in the country to be tax compliant first if they were to take the message to the masses. MRA Deputy Commissioner General, Roza Mbilizi, made the appeal in Lilongwe during the national workshop with CSO leaders as a way of enhancing the ongoing […]
The Malawi Revenue Authority (MRA) says as of January 31, 2017, it had collected MK449bn against the target of MK411.2bn, registering a surplus of MK37.77bn. MRA Deputy Commissioner General, Roza Mbilizi, disclosed this in Lilongwe on Friday during the national workshop with CSO leaders aimed at enhancing the ongoing ‘Everyone Must Pay Tax’ campaign. She […]
High Court in Blantyre on Tuesday refused an application by Malawi Revenue Authority (MRA) to lift an injunction which was granted to media giant Times Group restraining the tax collecting body from shutting it down. Judge James Chigona said he could not vacate the injunction and has allowed the matter to go for full judicial […]
The Malawi Revenue Authority (MRA) has launched an ‘Everyone Must Pay Tax’ campaign with an aim to improve compliance behavior by encouraging individuals and businesses to register for tax besides filing correctly and timely their due tax returns. The campaign was launched in Blantyre on Friday and among other activities lined up was to engage […]
The Malawi Revenue Authority (MRA) on Tuesday, 17 January, 2017 seized over 2,000 kilogrammes of vandalised cables, water pipes, bolts and taps from a fuel tanker in Mzuzu. The development follows patrols mounted by MRA Flexible Anti-Smuggling Teams (FAST) in the city. The items were concealed in sacks inside the tanker, registration number PE 7146 […]
The High Court has allowed an injunction sought by media giant Times Group allowing the privately owned news organisation to resume publishing and broadcasting after Malawi Revenue Authority (MRA) shut it down. MRA sealed Times Group offices in Blantyre on Friday over tax arrears the media group owes government. But the news organisation through its […]
The flagship weekly newspaper, Malawi News will hit the streets as usual on Saturday despite being closed by Malawi Revenue Authority over millions in unpaid taxes, Nyasa Times has learnt. The tax-body seized property of Malawi News publishers , Times Group and closed the news organisation at Ginnery Corner in Blantyre. But Malawi News is […]
The Malawi Revenue Authority (MRA) on Friday shut down Malawi media giant Times Group , demanding K675 million in unpaid taxes but the publishers of Daily Times newspaper accused the authorities of trying to silence it. The outstanding bill is on non-payment for Value Added Tax, Corporate Tax, Fringe Benefit Tax, Withholding Tax, Pay As You […]
The Malawi Revenue Authority (MRA) says it collected a total of K377 billion against a target of K339.1 billion during the first half of this fiscal year beating the target by K37.9 billion for the six-month period. A report on its website, www.mra.mw shows that MRA has collected of K60.4 billion in December, 2016 also beating the […]
The Malawi Revenue Authority (MRA) has seized 10 Toyota Fortuners belonging to GG Car Rentals after establishing that the vehicles were not properly cleared by Customs. The firm, owned by Gerald Ganiza, flouted Customs laws by buying and possessing goods that were not duly cleared by the Authority. The Blantyre based firm will have to […]
The Malawi Revenue Authority (MRA) has beaten the set revenue target for October 2016 by K7.8 billion, MRA Deputy Director of Corporate Affairs Steven Kapoloma has said. Briefing news organisations at Msonkho House in Blantyre, Kapoloma said MRA has registered a total collection of K71.8 billion against a target of K64 billion. “This represents a […]