The Maldives Inland Revenue Authority (MIRA) collected MVR 882 million in overdue state dues last month.
MIRA revenue recovery efforts produced results across several collection channels, bringing in significant funds from businesses and taxpayers who had previously failed to settle their obligations.
The breakdown tells a clear story. MIRA collected MVR 411 million through its dues clearance process and secured another MVR 397 million through enforcement actions and follow-ups. Additionally, taxpayers on structured payment plans contributed MVR 61 million. Direct outreach through phone calls and emails produced a further MVR 13 million.
Beyond collections, MIRA also named 43 businesses that have not paid their income tax. This move signals a tougher stance on compliance and puts other non-compliant businesses on notice.
However, the bigger picture remains concerning. MIRA revenue recovery efforts are ongoing against a total outstanding figure that now exceeds MVR 15 billion. That sum includes unpaid Goods and Services Tax from businesses, resort land rent arrears, and corporate income tax owed by multiple companies.
The scale of the outstanding balance means MIRA must maintain consistent pressure. These MIRA revenue recovery efforts reflect the authority’s commitment to closing the gap, but MVR 15 billion is a significant deficit that will require sustained enforcement, public disclosure, and structured repayment programs to resolve.