Malawi vs Jamaica
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.
🇯🇲 Jamaica — Parish Councils & Local Taxes
Jamaica's 14 parishes each have a parish council that levies property tax (based on unimproved value at progressive rates), business licences, and local improvement fees. The Tax Administration Jamaica (TAJ) administers national taxes. Jamaica has undergone significant tax reform and fiscal consolidation since its 2013–19 IMF Extended Fund Facility. The income tax threshold was significantly raised in 2016 to benefit low-income workers. Remittances are a key income source (~16% of GDP). Tourism is the primary export sector.
Malawi vs Jamaica: Key Tax Differences (2026)
💰 Income Tax: 🇲🇼 Malawi has a higher top income tax rate (0–35% vs 0–25%). 🇯🇲 Jamaica is more favourable for high earners.
🛒 VAT/Sales Tax: Malawi has a higher consumption tax (16.5% vs 15%).
🏢 Corporate Tax: 🇯🇲 Jamaica offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇯🇲 Jamaica taxes investment gains at a lower rate (0% vs 30%), benefiting investors.