GG · EuropeMW · Africa

Guernsey vs Malawi: tax rates compared

Malawi has an income tax rate of 40%, 20pp above Guernsey's 20%. The 200-country average is 28%: Guernsey sits below it, Malawi sits above it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%40%Corporate0%30%VAT0%17.5%Capital Gains0%40%Wealth Tax0%
five shared taxes, side by side
Tax GG MWDifference
Income Tax20%40%MW +20 pp
Corporate Tax0%30%MW +30 pp
VAT0%17.5%MW +17.5 pp
Capital Gains Tax0%40%MW +40 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Difference−20 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−30 ppMalawi higher

Malawi has a corporate tax rate of 30%, 30pp above Guernsey's 0%. The 201-country average is 22.6%: Guernsey sits below it, Malawi sits above it.

VAT

VAT, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Malawi17.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01
Difference−17.5 ppMalawi higher

Malawi has a VAT rate of 17.5%, 17.5pp above Guernsey's 0%. The 181-country average is 15%: Guernsey sits below it, Malawi sits above it. Guernsey's figure is dated 2025-12-17 and Malawi's 2026-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Guernsey0%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17
Malawi40%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01
Difference−40 ppMalawi higher

Malawi has a capital gains tax rate of 40%, 40pp above Guernsey's 0%. The 175-country average is 10.3%: Guernsey sits below it, Malawi sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Malawi0%Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18
Difference0 ppdisplayed rates match

Guernsey and Malawi share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Guernsey's figure is dated 2025-12-17 and Malawi's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.