MIRA receives MVR 461M as taxes in November

A resort of the Maldives.

Maldives Inland Revenue Authority (MIRA) has received MVR 461.49 million as revenue in November 2020. 

MIRA statistics show that the revenue received was 59.9 percent lower than the same month last year. 

Revenue received include USD 11.26 million. MIRA attributed the lowered income to the COVID-19 situation in the Maldives which has lowered the income generated through tourism. 

MIRA noted that the Green Tax and TGST payments received by MIRA had also gone down.

GST was the highest in terms of income generated by the state with a total of MVR 178.5 million equivalent of 66.9 percent. Income taxes came next with MVR 42 million generated, which is equivalent of 9.1 percent. Resident permit payments were calculated at MVR 19.7 million. MIRA statistics also show that it received MVR 9.4 million as BPT while USD 1 million was received as Green Tax. 

MIRA also stated that USD 457,467 was received as Airport Service Charges while USD 463,323 was received as Airport Development Fees.