The Maldives Inland Revenue Authority (MIRA) has reported a total revenue collection of MVR 3.01 billion for September 2025, reflecting a 30.7 per cent increase compared to the same month last year.

According to MIRA’s monthly revenue report, the increase was primarily driven by higher collections from General Sector GST, Lease Period Extension Fees, Tourism Land Rent, and airport taxes and fees. The Lease Period Extension Fee, collected as a one-off payment during the month, significantly contributed to the increase. Revenue growth was further supported by the continued impact of the higher Green Tax rate introduced on 1 January 2025 and revised airport-related taxes and fees effective from December 2024.

Tourist arrivals in August 2025 rose by 9 per cent compared to August 2024, boosting collections of Tourism GST, Green Tax, and airport taxes. MIRA noted that 14.9 per cent of September’s revenue was recovered through overdue payments, while an additional 6.4 per cent was collected via targeted efforts to recover outstanding dues.

Of the total revenue collected in September 2025, 40.5 per cent came from GST, 16.9 per cent from Lease Period Extension Fees, 13.4 per cent from Tourism Land Rent, 6.8 per cent from the Airport Development Fee, 6.6 per cent from Departure Tax, and 6.5 per cent from Green Tax.

MIRA also reported that total USD revenue collected in September 2025 reached USD 150.25 million. The top contributors to USD revenue were Tourism GST (31.1 per cent), Lease Period Extension Fees (22 per cent), Tourism Land Rent (17.5 per cent), the Airport Development Fee (8.8 per cent), the Airport Service Charge (8.6 per cent), and Green Tax (8.5 per cent).

Overall, both tax and non-tax revenues showed year-on-year growth. Tax revenues rose by 23.8 per cent, while non-tax revenues grew by 38.2 per cent during the month.