Submission Deadline for GST, Green Tax, Airport Tax Ends Today
Today marks the deadline to submit the Airport Tax & Fees Return, Green Tax Return, and GST Return for March 2024, announces Maldives Inland Revenue Authority (MIRA); GST payments for the first quarter of 2024 are due as well.
⏰TODAY IS THE DEADLINE⏰
• Submission of Airport Tax & Fees Return and Payment for March 2024
• Submission of Green Tax Return and Payment for March 2024
• Submission of GST Return and Payment March and 1st Quarter of 2024#MIRADeadlines pic.twitter.com/xBWoHu8Njzadvertisement
Under current regulations, individual airlines are responsible for collecting Airport Service Charges, Airport Development Fees, and Departure Taxes from their passengers. The departing airport then remits these fees to the government. All charges must be paid in United States Dollars.
Changes to the GST Act have resulted in increased tax rates, with the tourism sector now subject to a 16% GST rate and the general sector facing an 8% rate, effective from January 2023.
The Green Tax system imposes a USD6 charge per tourist per day for stays at resorts or hotels and a USD3 charge per tourist per day for stays at guesthouses. This fee aims to support environmental sustainability efforts in the Maldives.
Stakeholders are reminded to adhere to these deadlines to ensure compliance with tax regulations and contribute to the fiscal stability of the Maldives.
