Net salary calculator Malawi

Enter your gross monthly pay to see what lands in your account after PAYE and your pension contribution.

PAYE uses the bands published by the Malawi Revenue Authority. The pension uses the minimum employee rate in the Pension Act.

How it's calculated

PAYE: the first MK 170,000 is tax free, then 30%, 35% and 40% on each slice above it.
Pension: 5% of your pay if you belong to your employer's scheme. Your employer adds its own share on top, which does not come out of your pay.
Take-home pay is gross pay less PAYE and the pension contribution.

An example

On MK 500,000 a month PAYE is MK 99,000 and the pension contribution is MK 25,000. You take home MK 376,000.

Frequently asked questions

How much does my employer put into my pension?

At least 10% of your pensionable pay, on top of your own 5%. Your employer can agree to pay more, or to pay your share too.

What counts as pensionable pay?

The Pension Act defines it as guaranteed wages and other earnings. It leaves out investment income, capital gains and a house or car your employer provides.

Are other deductions taken from my pay?

Loans, union dues or medical scheme payments can also appear on your payslip. They depend on your employer and are not part of this calculation.