Business

Tax Policy Change for Those who Earn Above 50 Million Annually

A change has been brought to the tax policy for those who earn an income of more than 50 million MVR per year.

Taxpayers can now carry out the tax paying process via MIRAconnect or MRTGS as per the tax ruling published by Maldives Inland Revenue Authority (MIRA). BTP, GST, Withholding tax, and can now be paid through MIRAconnect or MRTGS.

MIRA is expanding its payment methods via their online portal in order to make the facilities easier for the taxpayers.

Full details are available at the link below:

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Source URL: Corporate Maldives

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