Malawi vs Honduras
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇲🇼 Malawi — District & 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.
🇭🇳 Honduras — Municipal Taxes
Honduras's 298 municipalities levy the Impuesto Personal sobre la Renta (IPSVR), property tax (on buildings and land), commercial activity tax (impuesto de industria, comercio y servicios at 0.3%–0.5% of gross income), and vehicle tax. Tegucigalpa and San Pedro Sula have the highest municipal charges. The Servicio de Administración de Rentas (SAR) administers national taxes. Honduras has one of Latin America's highest inequality indices; tax evasion is widespread, particularly in informal sectors.
Malawi vs Honduras: Key Tax Differences (2026)
💰 Income Tax: 🇲🇼 Malawi has a higher top income tax rate (0–35% vs 0–25%). 🇭🇳 Honduras is more favourable for high earners.
🛒 VAT/Sales Tax: Malawi has a higher consumption tax (16.5% vs 15%).
🏢 Corporate Tax: 🇭🇳 Honduras offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇭🇳 Honduras taxes investment gains at a lower rate (10% vs 30%), benefiting investors.