Name: Tax Flow
Availability: InStock
Author: Tax Flow

Question 1

What is an input tax statement?

Accepted Answer

It is the schedule of purchase invoices you submit alongside your GST return when you claim input tax. MIRA requires it whenever you claim any input tax, and each line has to match a valid tax invoice from a GST-registered supplier: their TIN, the invoice number and date, the amount before tax, and the GST charged.

Question 2

When is my GST return due in the Maldives?

Accepted Answer

The 28th day of the month after the taxable period ends. A quarterly filer covering January to March files by 28 April. A monthly filer covering July files by 28 August.

Question 3

Do I file monthly or quarterly?

Accepted Answer

It depends on turnover. If your taxable turnover in the previous 12 months was more than MVR 1 million you file monthly; otherwise you file quarterly. Tax Flow lets you choose the frequency on each filing, so a business that crosses the threshold does not have to start again.

Question 4

Which GST rates does Tax Flow handle?

Accepted Answer

All of them: 6%, 8%, 12% and 16%. The 16% rate is TGST, charged by the tourism sector - resorts, guesthouses, safari vessels and the businesses supplying them. Each shop is set to its own rate, and the export puts the GST in the column MIRA expects for that rate.

Question 5

Can I claim an invoice from an earlier period?

Accepted Answer

Yes, and Tax Flow is built for it. An invoice dated outside the period you are filing is kept and flagged rather than rejected, because claiming late is allowed. You decide whether the date was misread or the claim is genuinely late.

Question 6

Do I still file through MIRAconnect?

Accepted Answer

Yes. Tax Flow prepares the input tax statement, it does not submit on your behalf. You export the MIRA-format Excel file and upload it with your return. Online filing through MIRAconnect is mandatory if your annual turnover is MVR 2.5 million or more.

Question 7

How accurate is the invoice reading?

Accepted Answer

Every invoice is read automatically and then shown next to its own image so you can check it. Anything the reader was unsure of is flagged, and a record is only marked reviewed when you confirm it against the invoice. Nothing reaches your return without a person agreeing to it.

Question 8

Can accountants use one account for several clients?

Accepted Answer

Yes. Each client is a separate shop with its own TIN, rate and filings, and you switch between them without signing out. Credits are shared across every shop in the account.

A quarter of invoices,
filed in an evening.

Both current rates

Filing for your own business

Filing for clients

Create the filing

Drop the invoices in

Check and export

Filing GST in the Maldives

A quarter of invoices,filed in an evening.