Malawi vs Peru
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π²πΌ Malawi β 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 β 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.
π΅πͺ Peru β Municipal Taxes & Regional Licenses
Peru's 25 regions and 1,874 municipalities have limited tax powers. Municipalities levy Impuesto Predial (property tax at 0.2%β1% of self-assessed value), vehicle tax (Impuesto al Patrimonio Vehicular), and business licences. Alcabala (property transfer tax) is municipal at 3% of value above 10 UIT. The national tax authority (SUNAT) administers income and VAT taxes. Peru has a flat corporate rate and progressive personal income tax system.
Malawi vs Peru: Key Tax Differences (2026)
π° Income Tax: π²πΌ Malawi has a higher top income tax rate (0β35% vs 8β30%). π΅πͺ Peru is more favourable for high earners.
π VAT/Sales Tax: Peru has a higher consumption tax (16.5% vs 18%).
π’ Corporate Tax: Corporate rates are similar in both countries (30% vs 29.5%).
π Capital Gains: π΅πͺ Peru taxes investment gains at a lower rate (5% vs 30%), benefiting investors.