The Malawi Revenue Authority has seized financial documents belonging to ZTE (MLVV) Limited and ZTE Corporation Lilongwe Limited over alleged offences of non-remittance of various domestic taxes. The tax collecting body stormed the companies’ in question premises on suspicion of the offences of non-remittance of the taxes and seized some financial documents from the companies. […]
The High Court in Malawi and the tax collector, Malawi Revenue Authority (MRA) have cleared businessman Shiraz Ferreira of S.F International on tax evasion charges. The parties entered into negotiations after the company agreed to pay MWK200 million which has resulted in the clearance and dropping of all the alleged charges against the SF International. […]
Tax collector, the Malawi Revenue Authority (MRA) has impounded two Axa buses which are now at MRA offices in Mzuzu and Lilongwe. MRA corporate affairs manager Steve Kapoloma confirmed the two buses were impounded from the depots in Mzuzu and Lilongwe. He said Axa owes MRA some money. He however could not say how much, […]
The Asian community doing business in Mzuzu says it is excited with the implementation of Electrical Fiscal Devices (EFDs) by the Malawi Revenue Authority (MRA), arguing it will help them contribute effectively to the country’s development as far as collection of Value Added Tax (VAT) is concerned. MRA is currently undertaking the full implementation of […]
Despite differences of religion, tribe, politics and allegiances in various sectors, many Malawians are displaying qualities of patriotism by positively contributing to the national budget in paying taxes. This is clearly showing now, almost three years after international donors withdrew all the 40 percent direct budgetary support they gave Malawi. Parliament authorised government to use […]
The Malawi Revenue Authority (MRA) says it has introduced COMESA Virtual Trade Facilitation System (CVTFS), which aims at assisting both private and public sector institutions in COMESA member states to monitor and manage transportation of cargo. Over the years MRA and the immigration department have been inspecting cargo passing through the country’s border posts manually, […]
The Malawi Revenue Authority (MRA) is forging ahead in the fight against tax evasion as a n update on its website, www.mra.mw indicates that the body has cornered three Chinese business people for tax crimes. This comes just shortly after President Peter Mutharika said Malawi is losing a lot of money through tax evasion, which is crippling […]
The High Court in Blantyre on Thursday adjourned a judicial review of a case where public tax collector Malawi Revenue Authority (MRA) is accusing property valuer Yeremia Chihana of tax evasion to a date yet to be communicated. “The case has been adjouned to another date to be set by the court,” said lawyer representing […]
The Consumers Association of Malawi (CAMA) advocacy to demand receipts has been joined by traditional leaders, politicians and the Malawi Revenue Authority on Friday in Blantyre when MRA launched its Electronic Fiscal Device (EFD) Lisiti Langa campaign. CAMA Executive Director John Kapito said it is possible for the country to raise resources amounting K1 trillion if everyone […]
Members of Parliament (MPs) have asked government to collect taxes from mobile money services providers, observing that they deduct huge sums in fees. Speaking during debate on the Payment System Bill, Dowa East MP Richard Chimwendo Banda (Malawi Congress Party-MCP) said the system is good and that the government should implement it. He said: “So, […]
Malawi Revenue Authority (MRA) has been accused of being used by politicians in the ruling Democratic Progressive Party (DPP) to fight their competitors by abusing the tax collecting body with political dog fights. The accusations were made on Monday when MRA officials led by its Commissioner General Thom Malata appeared before Budget and Finance Committee […]
Malawi private media houses, Zodiak Broadcasting Services (ZBS) and the Times Group are reported to be owing Ms tax collector, the Malawi Revenue Authority (MRA) billions of the much needed Kwacha, Nyasa Times understands. For over two years, Malawi has not been receiving budget support from her international partners and the country has been relying […]
Director General of Malawi Revenue Authority (MRA), Tom Malata, has written Speaker of Parliament, Richard Msowoya, to express concern over abuse of lawmakers in their priviledges like importing vehicles. The tax body said in a letter dated April 20, 2016 that it has observed “with concern” that MPs have been abusing their priviledges by importing […]
The Malawi Revenue Authority (MRA), on Thursday, , conducted a search at the business premises of Armstrong Oils and Car Accessories in Lilongwe – owned by opposition Malawi Congress Party (MCP) lawmaker Peter Chakwantha – on suspicion of tax evasion offences. MRA’s Deputy Director Corporate Affairs, Steven Kapoloma told Nyasa Times that the search resulted in the seizure […]
The Malawi Revenue Authority (MRA) on Thursday, 5th May, 2016 made a donation of K300,000 to the Media Institute of Southern Africa (MISA) Malawi scheduled for Saturday in Mangochi. The money will be used for activities during this year’s World Press Freedom Day themed: ‘Fostering Press Freedom’. After the presentation to MISA Malawi’s Mandala Mambulasa, MRA’s Deputy […]
Malawians should expect somehow poor services from government as major revenue collector, the Malawi Revenue Authority (MRA) has last month missed its target by K132 billion. This means the government coffers will be short by that amount therefore Capital Hill will likely cut budgets of some ministries and government departments including health and education. A […]
The Malawi Revenue Authority (MRA) has collected K44.27 billion for the month February, beating the set target of K43.65 billion by K0.6 billion [representing 1.4 percent). The sauthority also announced that they have accumulatively collected K373.41 billion for the current fiscal year [2015/16] against a projection of K382.59 billion, representing a 98 percent collection. According […]
Mike Appel and Gatto Limited has accused the Malawi Revenue Authority (MRA) of doctoring the amount of taxes the company is being accused of not remitting to government. On Monday MRA sealed the company’s offices in Blantyre and Lilongwe and seized a number of cars in its showroom for failing to remit taxes amounting to […]