Businesses urged to voluntarily declare taxes as MRA receives K50 billion
3 Articles
3 Articles
Old Mutual remits MK50 billion in tax to MRA
One of the leading Insurance companies in the country, Old Mutual Malawi Limited has remitted MK50 billion in tax to Malawi Revenue Authority (MRA) in the 2025 financial year. The developments comes amid protests from business players plying business across the country who are protesting against the newly introduced Electronic Invoicing System introduced by MRA starting from April 1 2026. This has resulted in some shop owners closing down shops …
Businesses urged to voluntarily declare taxes as MRA receives K50 billion
This article was originally published on Malawi24, Malawi's #1 independent news platform. Businesses are being encouraged to voluntarily declare and pay their taxes as the Malawi Revenue Authority (MRA) has received K50 billion in taxes from corporate taxpayers, a development seen as key to strengthening national revenue collection and supporting development priorities. On Wednesday, Old Mutual Malawi presented to the MRA a total of K50 billion,…
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