MIRA raises TGST to 17%
The Maldives Inland Revenue Authority (MIRA) increased the Tourism Goods and Services Tax (TGST) from 16% to 17%, effective July 1, 2025, following the Seventh Amendment to the Goods and Services Tax Act. The tax applies to tourism-related services such as resorts, hotels, guesthouses, and spas. MIRA advised businesses to implement the new rate. The amendment also expands exemptions to include staff-only cafés and shops for tourism employees. Parliament passed the amendment on October 31, 2024.
The Maldives Inland Revenue Authority (MIRA) increased the Tourism Goods and Services Tax (TGST) from 16% to 17%, effective July 1, 2025, following the Seventh Amendment to the Goods and Services Tax Act. The tax applies to tourism-related services such as resorts, hotels, guesthouses, and spas. MIRA advised businesses to implement the new rate. The amendment also expands exemptions to include staff-only cafés and shops for tourism employees. Parliament passed the amendment on October 31, 2024.
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The Maldives Inland Revenue Authority (MIRA) increased the Tourism Goods and Services Tax (TGST) from 16% to 17%, effective July 1, 2025, following the Seventh Amendment to the Goods and Services Tax Act. The tax applies to tourism-related services such as resorts, hotels, guesthouses, and spas. MIRA advised businesses to implement the new rate. The amendment also expands exemptions to include staff-only cafés and shops for tourism employees. Parliament passed the amendment on October 31, 2024.
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