WorldTax Compareโ† All Comparisons

Spain vs Malawi
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ช๐Ÿ‡ธ Spain
vs
๐Ÿ‡ฒ๐Ÿ‡ผ Malawi
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
19โ€“47%
National rates stable; community variation continues
No change
0โ€“35%
35% top; IMF program conditions
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
4โ€“21%
Basic food VAT returning toward normal rates
No change
16.5%
16.5% VAT maintained
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25% standard; digital services levy discussions
No change
30%
30%; mining sector developing
No change
Capital Gains Tax
Capital Gains Tax
19โ€“28%
Progressive savings tax maintained
No change
30%
30% CGT maintained
No change
Social Security & Payroll
Social Security / Payroll
~37.2%
MEI surcharge continues gradual increase to 2032
โ–ฒ +0.2pp vs 2025
~10%
MASM; pension coverage expanding
No change
State, Regional & Local Taxes

๐Ÿ‡ช๐Ÿ‡ธ Spain โ€” Autonomous Community & Municipal Taxes

Spain's 17 autonomous communities set their own half of income tax. Madrid applies significant reductions while Catalonia has higher regional rates. The Basque Country and Navarre have special tax regimes (concierto econรณmico). Municipal taxes include IBI (property tax) and IAE (business activity tax). Effective top rates (national + regional) range from ~43% (Madrid) to ~54% in some communities.

๐Ÿ‡ฒ๐Ÿ‡ผ Malawi โ€” District & City Councils

Malawi's 28 district councils and city/town assemblies levy property rates, trading licences, and local service charges. The Malawi Revenue Authority (MRA) administers national taxes. Malawi is landlocked and one of the world's poorest countries โ€” highly dependent on tobacco exports (declining due to health campaigns), tea, and sugar, plus significant international aid. An IMF Extended Credit Facility has been supporting fiscal consolidation. The kwacha has experienced significant depreciation, complicating tax bracket real values over time.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Spain vs Malawi: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ช๐Ÿ‡ธ Spain has a higher top income tax rate (19โ€“47% vs 0โ€“35%). ๐Ÿ‡ฒ๐Ÿ‡ผ Malawi is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Spain has a higher consumption tax (4โ€“21% vs 16.5%).

๐Ÿข Corporate Tax: ๐Ÿ‡ช๐Ÿ‡ธ Spain offers a lower corporate rate (25% vs 30%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ช๐Ÿ‡ธ Spain taxes investment gains at a lower rate (28% vs 30%), benefiting investors.

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