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Malawi vs Finland
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇲🇼 Malawi
vs
🇫🇮 Finland
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–35%
35% top; IMF program conditions
No change
~44–51.4%
Consolidation budget; high rates maintained
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
16.5%
16.5% VAT maintained
No change
10–25.5%
25.5% standard (raised 2024) maintained
No change

Corporate Tax Rate

Corporate Tax Rate
30%
30%; mining sector developing
No change
20%
20% stable; R&D deduction enhanced
No change

Capital Gains Tax

Capital Gains Tax
30%
30% CGT maintained
No change
30–34%
CGT rates unchanged
No change

Social Security & Payroll

Social Security / Payroll
~10%
MASM; pension coverage expanding
No change
~36%
Austerity measures affecting some social contributions
No change
State, Regional & Local Taxes

🇲🇼 MalawiDistrict & City Councils

Malawi's 28 district councils and city/town assemblies levy property rates, trading licences, and local service charges. The Malawi Revenue Authority (MRA) administers national taxes. Malawi is landlocked and one of the world's poorest countries — highly dependent on tobacco exports (declining due to health campaigns), tea, and sugar, plus significant international aid. An IMF Extended Credit Facility has been supporting fiscal consolidation. The kwacha has experienced significant depreciation, complicating tax bracket real values over time.

🇫🇮 FinlandMunicipal Income Tax

Finland's 309 municipalities set their own income tax rates (municipal tax) ranging from ~16.5% to ~22.5%, averaging ~20%. This is added to the national progressive income tax. The church tax of 1%–2.2% applies to members. No regional income tax. The 'solidarity tax' on high earners (2%) applies nationally. Municipalities also levy real estate tax on property owners. The welfare state is heavily funded by these high combined tax rates.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Malawi vs Finland: Key Tax Differences (2026)

💰 Income Tax: 🇫🇮 Finland has a higher top income tax rate (0–35% vs ~44–51.4%). 🇲🇼 Malawi is more favourable for high earners.

🛒 VAT/Sales Tax: Finland has a higher consumption tax (16.5% vs 10–25.5%).

🏢 Corporate Tax: 🇫🇮 Finland offers a lower corporate rate (20% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇲🇼 Malawi taxes investment gains at a lower rate (30% vs 34%), benefiting investors.

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All 🇲🇼 Malawi comparisons →All 🇫🇮 Finland comparisons →