Income Tax Return Filing Requirements for the tax year 2020
Are you an Individual or a Company or a Deemed Partnership?
Individual
Company, Partnership, Permanent establishment in the Maldives or Other
Deemed Partnership
Do I have to file an income tax return for the tax year 2020 by 31 August 2021?
Was your gross income for the tax year 2020 LESS THAN OR EQUAL to MVR 2,000,000?
You must file an income tax return for the tax year 2020 by 31 August 2021
Was your taxable income for the tax year 2020 LESS THAN OR EQUAL to MVR 500,000?
You must file an income tax return for the tax year 2020 by 31 August 2021
You are EXEMPT from filing an income tax return for the tax year 2020
Do I have to file an income tax return for the tax year 2020 by 31 August 2021?
Was your TOTAL income for the tax year 2020 remuneration from employment?
Was your gross income for the tax year 2020 LESS THAN OR EQUAL to MVR 2,000,000?
You must file an income tax return for the tax year 2020 by 31 August 2021
Was your taxable income for the tax year 2020 LESS THAN OR EQUAL to MVR 720,000?
You are EXEMPT from filing an income tax return for the tax year 2020
You must file an income tax return for the tax year 2020 by 31 August 2021
Was the remuneration received from ONE employer?
You were exempt from filing the BPT return and did not file BPT Return for the tax year 2016
You are EXEMPT from filing an income tax return for the tax year 2020
Was your gross remuneration for tax year 2020 (April to December) LESS THAN OR EQUAL to MVR 1,500,000?
You must file an income tax return for the tax year 2020 by 31 August 2021
Was your taxable renumeration for the tax year 2020 (April to December) LESS THAN OR EQUAL to MVR 540,000?
You are EXEMPT from filing an income tax return for the tax year 2020
You must file an income tax return for the tax year 2020 by 31 August 2021
Do I have to file an income tax return for the tax year 2020 by 31 August 2021?
You must file an income tax return for the tax year 2020 by 31 August 2021