Information about Malawi Minimum wage and taxes.

I can provide information about minimum wage and taxes in Malawi. However, please remember that this information is general information and may change. It is important that you contact the Malawian government or the Ministry of Finance for up-to-date and accurate information. In Malawi, the minimum wage is determined by the Minimum Wage Order. As of 2021, the minimum wage is set at 15,000 Malawi Kwacha (approximately US$20) per week. This wage is the minimum wage that any worker should receive and employers cannot pay a wage below this wage. Income tax in Malawi is charged at different rates depending on income level. As of 2021, income tax rates in Malawi are as follows: - Tax rate 0% for income between 0 - 100,000 Malawi Kwacha - Tax rate 20% for income between 100,001 - 3,000,000 Malawi Kwacha - Tax rate for income of 3,000,001 Malawi Kwacha and above is 30% These tax rates apply to personal income tax. Employers are also required to withhold taxes from their employees' salaries, and this deduction is subject to rates set by the Malawian Ministry of Finance. Other taxes may apply to different sectors or activities in Malawi. For example, companies pay corporate taxes on their income. Additionally, there are other types of taxes such as consumption tax, property tax, and import tax. It should also be noted that this information is general information and current tax laws and regulations should be taken into consideration. For detailed and up-to-date information, it is important to consult official sources such as the Malawian government or the Ministry of Finance.