Malawi Revenue Authority (MRA) is set to role out an automated withholding value added tax (VAT) system to ensure efficient and effective operations of the scheme. In a statement issued in the media says the system will interface with appointed withholding VAT agents and all suppliers of goods and services. MRA says the introduction of […]
Malawi Revenue Authority (MRA) has rubbished reports in social media platforms that some of its vehicles, which were taken by Democratic Progressive Party (DPP) operatives, were being dumped. MRA spokesperson Steve Kapoloma said an internal audit showed that all vehicles were on its fleet or with assigned officers. “No vehicle is missing. After we heard […]
Malawi Revenue Authority (MRA) has touted the impact that e-tax payment has brought by improving efficiencies in revenue administration and easing the task of paying taxes despite some challenges faced. MRA Head of Corporate Affairs, Steve Kapoloma said MRA has so far collected 75 percent of the revenue through e-payment. “Malawians seem to have embraced […]
Tax collector, the Malawi Revenue Authority (MRA) says it hs beaten its own set target of revenue collection by K11 billion between July and August and hoped for improved government service delivery. MRA manager for corporate affairs Steve Kapoloma told the parliamentary committee on Budget and Finance on Tuesday that the target was K150 billion […]
Barely few weeks after launching three innovative platforms to enhance electronic payment of taxes, the Malawi Revenue Authority (MRA) is now implementing an Integrated Tax Administration System (ITAS), a modern system that automates end-to-end tax processes. According to the Authority, ITAS is aimed at enhancing tax compliance through efficient and effective domestic tax administration and […]
The Malawi Revenue Authority (MRA) today, January 21, 2015, presented a cheque worth K2 million to the Department of Disaster Management Affairs (Dodma) in response to the recent floods that hit the country. The donation was made at the Government premises in Blantyre, through the District Commissioner’s (DC) office. According to government, at least 200 […]
The Malawi Revenue Authority (MRA) says business owners must be responsible to keep records of their businesses for easy verification when requested by MRA officers. According to MRA website, the statement is in reaction to Karonga businesses who have petitioned their DC that MRA is violating their constitutional rights and picking on them by checking […]
The Malawi Revenue Authority (MRA) officer at Jenda around midnight of Wednesday 3 September, 2014 intercepted a vehicle containing bags of money about K500 million (about $1.3m) after a shootout with the Mzuzu Standard bank robbers. MRA’s Deputy Director Corporate Affairs, Steven Kapoloma, said the vehicle, Ipsum registration number DZ 4039 silver in colour and […]
The Malawi Revenue Authority (MRA) has impounded a 15-tonne truck-load registration number BP 4230 which carried copper wire and copper scraps worth about K40 million at Kaporo in the northern border district of Karonga heading to Tanzania. MRA Deputy Director for Corporate Affairs, Steven Kapoloma, said the truck was intercepted following a tip. Kapoloma said the goods were concealed under […]
Malawi Revenue Authority (MRA) Wednesday disclosed plans to install electronic monitoring system in all businesses registered to collect value added tax (VAT). MRA deputy director responsible for corporate affairs, Steve Kapoloma, said the system dubbed Electronic Fiscal Device (EFD) is aimed at enhancing efficiency and compliance on VAT collection. He made the remarks at a […]