The Regulation provides further details on the registration and classification of SMEs.

A case whereby the Supreme Court clarified the rules on calculation of time limits for filing appeals of tax disputes.

In this blog post, our partner and senior tax advisor Hamdhulla Hussain, focuses on analysing the practical issues faced by taxpayers in valuing benefits in kind and puts emphasis on the importance of providing clarity around the boundary between what constitutes taxable remuneration.

With the purpose of reducing the negative environmental impacts caused by plastic waste, the Waste Management Bill proposes a tax equivalent to MVR 2 to be collected from plastic bags at points of sale. Our overview provides a summary of the proposed mechanism on the collection and administration of this tax.

This Advisory summarises the key aspects of the Fourth Amendment to the Income Tax Regulation gazetted by the Maldives Inland Revenue Authority on 17 May 2022.

The Regulation provides further details on the registration and classification of SMEs.

In this series of Articles, our senior associate Hassan Shah, takes on a critical view on the complexity of the GST rules surrounding input tax in relation to capital expenditure and untangles it for you to walk you through its basics & computation.

This publication gives an overview of the Pay As You Earn (PAYE) system under the Income Tax Act which imposes Employee Withholding Tax from 1 April 2020.