WorldTax CompareAll Comparisons

Singapore vs Malawi
Tax Rate Comparison

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

🇸🇬 Singapore
vs
🇲🇼 Malawi
Tax Year:

💰 Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–24%
Stable; top bracket review under consideration
No change
0–35%
35% top; IMF program conditions
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
9%
No further GST increases planned
No change
16.5%
16.5% VAT maintained
No change

Corporate Tax Rate

Corporate Tax Rate
17%
Global Minimum Tax compliance ongoing
No change
30%
30%; mining sector developing
No change

Capital Gains Tax

Capital Gains Tax
0%
No capital gains tax
No change
30%
30% CGT maintained
No change

Social Security & Payroll

Social Security / Payroll
37%
CPF adequacy review; contribution rates stable
No change
~10%
MASM; pension coverage expanding
No change
State, Regional & Local Taxes

🇸🇬 SingaporeCity-State — No Sub-National Variation

As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0–32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.

🇲🇼 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.

⚠️ 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.

Singapore vs Malawi: Key Tax Differences (2026)

💰 Income Tax: 🇲🇼 Malawi has a higher top income tax rate (0–24% vs 0–35%). 🇸🇬 Singapore is more favourable for high earners.

🛒 VAT/Sales Tax: Malawi has a higher consumption tax (9% vs 16.5%).

🏢 Corporate Tax: 🇸🇬 Singapore offers a lower corporate rate (17% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇸🇬 Singapore taxes investment gains at a lower rate (0% vs 30%), benefiting investors.

Related Comparisons

🇸🇬 Singapore vs 🇦🇺 AustraliaTax comparison🇸🇬 Singapore vs 🇨🇦 CanadaTax comparison🇸🇬 Singapore vs 🇨🇳 ChinaTax comparison🇸🇬 Singapore vs 🇩🇪 GermanyTax comparison🇸🇬 Singapore vs 🇭🇰 Hong KongTax comparison🇸🇬 Singapore vs 🇮🇳 IndiaTax comparison🇸🇬 Singapore vs 🇮🇩 IndonesiaTax comparison🇸🇬 Singapore vs 🇯🇵 JapanTax comparison🇸🇬 Singapore vs 🇲🇾 MalaysiaTax comparison🇸🇬 Singapore vs 🇳🇱 NetherlandsTax comparison🇸🇬 Singapore vs 🇳🇿 New ZealandTax comparison🇸🇬 Singapore vs 🇵🇭 PhilippinesTax comparison
All 🇸🇬 Singapore comparisons →All 🇲🇼 Malawi comparisons →