5. Taxation and General e-books

Permanent URI for this communityhttps://elibrary.mra.mw/handle/123456789/5

Browse

Filters

2017 - 20194

Settings

Subject: search.filters.subject.MRA

Search Results

Now showing 1 - 4 of 4
  • Thumbnail Image
    Item
    MRA E- payments manual
    (MRA, 2019) Malawi Revenue Authority
    The document provides an overview of the Electronic Payments (ePayments) system implemented by the Malawi Revenue Authority (MRA) for tax payments. It emphasizes the convenience of paying taxes online, eliminating the need for taxpayers to queue, and ensuring real-time updates to their tax accounts. The ePayments system allows users to register on the MRA website, after which they can make payments for domestic taxes, such as VAT and PAYE, or for customs and excise duties without prior registration. The process involves generating a Payment Registration Number (PRN) and offers various payment options through authorized banks. Benefits of the ePayments system include improved taxpayer service, instant account updates, and reduced fraud risk. The document encourages taxpayers to utilize this efficient online payment method.
  • Thumbnail Image
    Item
    2018 MRA Guide for Importers and Dangers of smuggling
    (2018) Malawi Revenue Authority
    The document from the Malawi Revenue Authority (MRA) outlines the legal implications and consequences of smuggling in Malawi, emphasizing that smuggling is a criminal offense punishable under the Customs & Excise Act. Individuals caught smuggling goods face severe penalties, including fines ranging from K100,000 to ten times the duty amount or imprisonment for up to three years. The MRA also highlights the importance of proper customs procedures for importers, including the declaration of goods and the potential for preferential duty rates under trade agreements. Smuggling undermines government revenue, which is essential for funding public services like infrastructure, healthcare, and agriculture. The document encourages citizens to report suspected smuggling activities to help protect national interests and promote development.
  • Thumbnail Image
    Item
    2017 MRA Tevet Levy
    (MRA, 2017) Malawi Revenue Authority
    The provided text outlines the regulations and procedures related to the TEVET (Technical, Entrepreneurial, and Vocational Education and Training) Levy in Malawi, as defined by the TEVET Act. It specifies that every registered employer must pay a levy equal to 1% of their basic payroll from the previous year into the TEVET Fund, which finances approved programs. The definition of "basic payroll" encompasses a broad range of employee emoluments beyond just salary, including allowances and bonuses. Employers are required to maintain accurate payroll records for inspection by the TEVET Authority and the Malawi Revenue Authority (MRA), which collects the levy on behalf of TEVET. The levy is assessed annually based on the payroll records of the previous year. Employers are encouraged to self-assess their payroll costs using an Employer Data Form (EDF) and submit it to both MRA and TEVET offices. Penalties for non-compliance include a 20% charge on unpaid amounts and potential fines or imprisonment for providing incorrect information. For further inquiries, contact details for TEVET and MRA officials are provided, along with banking information for levy payments.
  • Thumbnail Image
    Item
    2017 MRA Taxpayer Charter Malawi
    (MRA, 2017) Malawi Revenue Authority
    The Malawi Revenue Authority (MRA) Taxpayer Charter, established in October 2017, outlines the rights and obligations of taxpayers in Malawi. It serves as a commitment from the MRA to provide high-quality service and foster a relationship based on mutual trust and respect. The Charter emphasizes the MRA's vision of becoming a model revenue authority known for excellence in service delivery and its mission to maximize revenue collection while promoting voluntary compliance. Key components of the Charter include the rights of taxpayers, such as impartial treatment, presumption of honesty, access to information, privacy, and the right to make complaints. It also details taxpayer obligations, including registration, record-keeping, filing returns accurately and timely, and cooperating with MRA officers. Service standards are established for both domestic taxes and customs, specifying timelines and costs associated with various processes, such as registration, audits, and processing applications. The Charter is designed to be a living document, subject to periodic review to adapt to changing economic conditions and taxpayer needs. Overall, it aims to enhance taxpayer education and engagement while ensuring fair and transparent tax administration in Malawi.