The Malawi Revenue
Authority (MRA) is reminding valued taxpayers to honour their obligations by paying
taxes and submitting tax returns due in the month of August 2022. The due dates
for payment of taxes and submission of returns are as follows:
TAX PAYMENT
TAX
TYPE
DUE DATE
Pay As You Earn
14th August, 2022
Withholding
Tax
14th August, 2022
Fringe Benefits
Tax 14th
August, 2022
Domestic
Excise
20th August, 2022
Presumptive Tax
20th August, 2022
Value Added
Tax
25th August, 2022
Provisional
Tax 25th
August, 2022
Income
tax
31st August, 2022 (Accounting date 31st
February)
RETURN SUBMISSION
Pay As You Earn (PAYE), 14th August, 2022. Should be accompanied by Form P12
and P12A
Withholding Tax, 14th August, 2022. Should be accompanied by forms WTF1 & 2
Fringe Benefits Tax,
14th August, 2022. Should be accompanied by forms FBT 2
Domestic Excise, 20th August, 2022. Should be accompanied by Form 32 for goods
and Form 32A for services
Presumptive Tax, 20th August, 2022. Should be accompanied by Presumptive Tax
return
Value Added Tax, 25th August, 2022. Should be accompanied by form VAT3
Provisional Tax,
25th August, 2022. Should be accompanied by form PTF 1 and PTF 2
Income tax, 31st August, 2022 for all those taxpayers whose accounting
date is 31st February. Should be accompanied by ITF1 for sole
traders or partnerships and ITF12 for limited companies
TEVET LEVY
The Authority is reminding all employers that Tevet Levy and Employers’ Data
Form for the year 2020/21 was due on 1 April 2022. Failure to remit the levy by
the due date attracts 20% of the unpaid amount.
CUSTOMS & EXCISE
Duty is payable upon importation of goods into Malawi. If goods are imported
into the country through transit bond on Transit document 1 (T1) and kept in a
temporary store, duty is due within 10 days from the day the goods were deposited
in the Temporary Stores. Customs duties can also be paid prior to the
arrival of goods at the border.
REMINDER TO ALL TAXPAYERS AND THE BUSINESS COMMUNITY
MRA further wishes to remind all taxpayers and the business community that it is their obligation and responsibility to settle their tax liabilities on time. Any delay or failure to remit the taxes would result in MRA requesting you to pay the taxes due plus penalties in accordance with the Law.
Kindly, note that you can submit your tax returns at your nearest Domestic
Taxes offices and Customs & Excise stations at Chitipa, Nsanje, Mwanza,
Liwonde, Chiponde and Muloza. Please, note that failure to submit a tax return
when due is an offence punishable by the VAT Act and the Taxation Act.
JOHN S. BIZIWICK
COMMISSIONER GENERAL