MIRA’s Revenue Recovery Efforts Yielding Positive Results, Says Commissioner General of Taxation

The Commissioner General of Taxation, Hassan Zareer, has revealed that the Maldives Inland Revenue Authority’s (MIRA) ongoing efforts to recover outstanding revenue are producing positive outcomes. According to Zareer, approximately MVR 16 billion in tax and non-tax revenue, including fines, remains unpaid.

MIRA reports that of this amount, MVR 7 billion accounts for tax revenue, while the remaining MVR 7 billion comes from non-tax revenue.

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In an exclusive interview with state media, PSM News, Zareer emphasised that MIRA is making concerted efforts to engage with individuals and entities responsible for large outstanding payments. He noted that active discussions are ongoing to address these debts and ensure compliance.

He further noted that these efforts have led to greater collections than anticipated. “Our monthly collections have surpassed projections, with revenue in July exceeding estimates by 15%, rising to 33% in August, and 31% in September,” he stated.

Zareer also highlighted a shift in the payment culture, attributing it partly to the tax exemptions introduced by the government during the COVID-19 pandemic. To ensure compliance, MIRA has held meetings with over 80 individuals to remind them of their tax obligations.

“In the past three months, we have issued 37,000 notices, made 2,000 phone calls, and sent reminder SMS messages to more than 55,000 people, all aimed at encouraging tax payments,” he added, noting the significant efforts being made to facilitate the process.

Zareer shared that around 80% of tax defaulters have responded positively to these initiatives, while the remaining 20% have not yet complied. He emphasised that MIRA will take appropriate legal action against those who continue to evade their tax responsibilities.

Last month, MIRA publicly disclosed the names of 43 large taxpayers who have failed to file their tax returns or pay their dues. These individuals, classified as major tax defaulters, have incomes exceeding MVR 200 million, along with their associates.

Zareer reaffirmed MIRA’s commitment to ensuring tax compliance and recovering unpaid revenues, underscoring the importance of accountability in maintaining the nation’s financial health.

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