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MRA Warns Property Owners on Tax Evasion

MRA Warns Property Owners on Tax Evasion

The Malawi Revenue Authority has seized over 19,000 documents from commercial property owners on suspicion of tax evasion.

This was disclosed during a media briefing at Msonkho House in Blantyre on Wednesday 30th October.

Speaking to journalists during the briefing, MRA Commissioner General Mr. Tom Gray Malata said, it is under-declaration and non-declaration that prompted the MRA to undertake such an operation.

 

“Currently, we have digitized all the seized documents. Teams have been formed to analyze and interrogate this data and the public will be updated accordingly regarding the amounts suspected to have been evaded,” he said.

The enforcement operations, which were conducted in Blantyre and Lilongwe, led to seizure of documents from commercial property owners, estate agents and managers on tax evasion crimes.

The Commissioner General stressed that everyone who earn income from property is expected to declare all the income earnings to the Authority for taxation purposes.

The Director of Investigations, Steven Kajombo presented on the findings and way forward on the matter saying the authority cannot disclose any names yet until the analysis of the data has been finalized.

Speaking to journalists after the briefing, MRA Head of Corporate Affairs, Steven Kapoloma said that the enforcement operation is one of the many ways that MRA is using to ensure that all tax evasion cases are exposed and defaulters brought to book.

“Let me take this opportunity to appeal to all property owners, business personnel and all Malawians that they should not wait for MRA to come to them but rather voluntarily come to resolve any tax irregularities,” Kapoloma said.

The taxes deemed to have been evaded on property are Income tax, Value Added Tax (VAT) and Withholding Tax.

BY MERCY MALOMBOZA

 

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