Tax authority introduces online payment service

The tax authority has introduced an online payment service and a special bank card for taxpayers.

The Maldives Inland Revenue Authority (MIRA) introduced a mechanism for making tax payments at commercial banks through the central bank’s ‘Maldives real time gross settlement’ facility.

MIRA also launched the ‘Vaaru’ debit card in association with the Bank of Maldives, which can be used to make tax payments.

The new services were launched at a ceremony held at the Maldives Monetary Authority today with finance minister Abdulla Jihad as the chief guest.

Jihad said MIRA was a taxpayer-friendly institution and that the new services will improve the Maldives’ standing in the ease of doing business index.

The online payment system will save the time and resources of both MIRA staff and taxpaying businesses, he said.

Taxpayers will have to register at the MIRA website for the online payment service.