Unpacking the penalty notices: Navigating income tax obligations for employees and employers in the Maldivian hospitality sector
Recent reports of former employees and expatriates receiving penalty notices from the Maldives Inland Revenue Authority (MIRA) for unfiled tax returns have sparked significant concern. This serves as a crucial reminder for both employees and employers about their respective responsibilities concerning income tax in the Maldives. Understanding these obligations and proactive compliance is key to […]
Withholding Tax and tourism sector GST moves online
The Maldives Inland Revenue Authority has on Monday issued a ruling mandating the online filing and payment of Withholding Tax and tourism sector GST.
MIRA begins collecting Green Tax from tourists
MIRA has announced that the Green Tax came into effect at 12:00 a.m. on 1st November 2015.
MIRA presents Gold Coin Award to the 17 highest tax-paying resorts and businesses
MIRA celebrated their 5th anniversary earlier this week. At the ceremony held at Dharubaaruge, MIRA presented a special ‘Gold Coin’ award to 17 of the highest GST paying businesses.