Malawi Revenue Authority (MRA), this week said during the fiscal year just ended, the tax collecting body collected K767.61 billion against a projection of K725.06 billion; registering a K42.56 billion surplus.

MRA Commissioner General, Tom Malata said in all the tax lines namely, Corporate Tax, Pay as You Earn, Withholding Tax, Provisional Tax, Value Added Tax, Import Duty and Excise Duty, among others, revenue collections recorded above their respective projections.

Malata said this in his appreciation report dubbed “Voluntary Tax Compliance.” Continue reading MRA hails tax compliance, targets to collect MK918bn in 2017/18 fiscal year →