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MW Tax 2023

Malawi Reverse VAT Calculator 2023

The Malawi Reverse VAT Calculator allows you to calculate the cost of a product after deducting VAT in 2023, if you would like to calculate VAT in Malawi for a different tax year then please select the relevant year from the available VAT calculators. So, if you enter a product price of MWK 100.00 and select a VAT rate of % you will see the Net Price (MWK 100.00 in this reverse VAT example) and the VAT amount (MWK 0.00 in this reverse VAT example).

If you are looking to add VAT to your product for VAT inclusive sales rates in Malawi then please use the Malawi VAT Calculator for 2023 here.

Malawi Reverse VAT Calculator 2023
What would you like to do?
Quick Reverse VAT Calculation for Malawi in 2023
Total Price inc. VAT
VAT Due

=Product/Service Price excluding VAT
Malawi Reverse VAT Table
DescriptionPriceRateVATTotalDelete

TotalPriceVATTotal

The Malawi Reverse VAT Calculator is useful for calculating the net price of goods, services and products which are subject to VAT (Value Added Tax) in Malawi in the 2023 tax year. This is useful for calculating how much VAT is applied on a certain product and for retailers to see how much VAT they must allow for when calculating the sales price of goods. The calculator allows quick reverse VAT calculations and more detailed reverse VAT calculations with multiple items, product/service descriptions with a running total so you can see the VAT due on each product/service and the total VAT due in Malawi in 2023. Once you have calculated the VAT due, you can print the document or email the VAT document to yourself for later reference.

Malawi VAT formula

Value Added Tax in Malawi is calculated using the following VAT formula:

VAT = a x b/100

Where:

  • a = The product/service that is subject to VAT in Malawi.
  • b = The relevenat rate of VAT in Malawi associated with the product/service.

VAT Tax Years available for Malawi

We currently support the following tax years for reverse VAT calculation in Malawi, if you require additional tax years, please get in touch and we can add them to the list of available tax years.

VAT Rates in Malawi

The table below specifies the relevent VAT rates applicable in Malawi, these were last updated in line with the published VAT rates in 2023.

Malawi VAT Rates
VAT RateVAT Description
16.5%Standard Rate

How to reverse calculate VAT in Malawi

The following step-by-step guides to calculating VAT online with the Malawi Reverse VAT Calculator covers all the functions within the Reverse VAT calculator:

How to complete a Quick Reverse VAT Calculation

  1. Select "Quick VAT Calculation".
  2. Enter the Product/Service Price.
  3. Enter the Appropriate VAT Rate.
  4. Press "Calculate VAT".

The Malawi Reverse VAT Calculator will provide a table which specifies the product/service price, the product/service VAT amount due and the total cost of the product or service in Malawi. You can print/email this table as required.

How to complete a Detailed Reverse VAT Calculation

  1. Select "Detailed VAT Calculation".
  2. [Optional] enter the name of the product or service for which you wish to calculate VAT.
  3. Enter the number of units being sold (3 bags, 5 SEO guest post packages, 2 new cars, 1 annual tax return etc.).
  4. Enter the price of the product / service detailed in step 3.
  5. Select the relevent VAT rate that applies to your goods, product or service in Malawi
  6. Click "Add to VAT Table"

Malawi Reverse VAT Calculator will add your product/service to the Malawi VAT Table. You can then add more product and/or services as required. Each time you add new information, the total amount will be updated so you can see the total costs of goods, products and services in Malawi inclusive and exclusive or VAT.

If you make a mistake or simply want to remove an entry from the Malawi Reverse VAT Table, click on the "Del" button adjacent the line entry that you wish to remove. When items are removed from the VAT table, the calculator will automatically update the associated figures and recalculate VAT, total cost of goods etc.

Please note that the Malawi Reverse VAT Calculator is designed to allow you to toggle between quick and Detailed calculations without losing any data that you add to the Detailed VAT Table. This is useful if you need to check the individual VAT amount on one unit (a single product or service) before adding it to the list of items in the VAT table.