The Maldives Inland Revenue Authority (MIRA) has amended its Instalment Policy and Enforcement Policy, easing certain measures for non-compliant taxpayers and those seeking repeated instalments to pay taxes, which were previously applicable to small and medium enterprises.
The changes were announced on Wednesday.
This marks the second amendment to the General Enforcement Policy. Article 6(b), which previously allowed MIRA to halt further enforcement actions while pressing charges against non-payers until their case was resolved in court, has been removed.
The Instalment Policy also received two amendments, representing its third revision. Article 7(d) now authorises the Commissioner General to make or withdraw commitment payments under an installment agreement, removing the previous restriction that applied the exemption only to small and medium enterprises.
Article 9-2, which governs repeated installments, has been revised to reduce additional payments for taxpayers who fail to comply with an instalment agreement. Previously, taxpayers were required to pay 50 percent of the commitment payment as an additional fee. Under the new amendment, the additional charge is limited to 5 percent of the commitment payment, with the amount increasing only if the agreement is renewed.
MIRA said the amendments are intended to make tax compliance more manageable while maintaining the authority’s enforcement framework.
