Value Added Tax (Amendment) Act, 2025

Abstract

The Value Added Tax (Amendment) Act, 2025, is legislation enacted by the Parliament of Malawi to amend the original VAT Act. The primary amendment involves updating the First Schedule to specify that ordinary bread, classified under Customs Tariff Subheading 1905.90.20, is exempt from VAT. This aligns the tax regulations with current fiscal policies, providing clarity on the VAT exemption for bread.