Following a directive by President Peter Mutharika, Malawi Revenue Authority (MRA) has opened up a voluntary tax compliance window for six months, as part of mitigation measures for Covid-19 threats on businesses and the economy.

MRA Commissioner General, Tom Malata, said that the window will see individuals and organisations to regularize their tax affairs without suffering from penalties, interests and charges.

Last week, President Mutharika directed that MRA apply waivers on importation of essential goods for Coronavirus management and waive non tourism levy to support the tourism industry. MRA’s grace period is aimed at increasing voluntary tax compliance for business people. Last month, the MRA Commissioner General stated that the coronavirus pandemic poses a serious threat on budget implementation during the last half of the financial year, while tax collection may be negatively affected as well.