MW · AfricaGB · Europe
Malawi vs United Kingdom: tax rates compared
Between the two, United Kingdom's income tax rate (45%) tops Malawi's (40%) by 5pp. The 200-country average is 28%: both sit 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
| Tax | MW | GB | Difference |
|---|---|---|---|
| Income Tax | 40% | 45% | GB +5 pp |
| Corporate Tax | 30% | 25% | MW +5 pp |
| VAT | 17.5% | 20% | GB +2.5 pp |
| Capital Gains Tax | 40% | 24% | MW +16 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 40% | Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30 |
| United Kingdom | 45% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −5 pp | United Kingdom higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| United Kingdom | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Malawi higher |
Between the two, Malawi's corporate tax rate (30%) tops United Kingdom's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Malawi | 17.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01 |
| United Kingdom | 20% | Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24 |
| Difference | −2.5 pp | United Kingdom higher |
Between the two, United Kingdom's VAT rate (20%) tops Malawi's (17.5%) by 2.5pp. The 181-country average is 15%: both sit above it. Malawi's figure is dated 2026-01-01 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 40% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30 |
| Difference | +16 pp | Malawi higher |
Between the two, Malawi's capital gains tax rate (40%) tops United Kingdom's (24%) by 16pp. The 175-country average is 10.3%: both sit above it. Malawi's figure is dated 2025-10-01 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Malawi | 0% | Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18 |
| United Kingdom | 0% | Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Malawi and United Kingdom both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Malawi's figure is dated 2026-07-18 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.