You can calculate your tax liability under salaries tax or personal. Note: This Income Tax Calculator is best suited if you only have income as self employe from a trade or from a rental property. If you receive a salary only as an . Estimate your annual individual income tax by using our free Personal Income Tax Calculator. Supply the required details in order to compute your tax payable.
This net pay calculator can be used for estimating taxes and net pay. Small variations may also occur in tax calculations due to rounding. Unfortunately there is no 20version of the Gross Income Calculator. You can use the tax rate calculator to determine the gross income.
The calculator assumes that you own and operate a private limited company that is generating profit and you will receive the post - tax profit as dividend income at . Example of a standard personal income tax calculation in Malawi.