The Ship Diary

Featured

STCW Basic Training Refresher_1 shipdiary.com

STCW Basic Training Refresher via e-learning

This bundle includes four (4) e-learning STCW Basic Training Refresher Courses that have been approved by the Liberian Registry and …

admin December 7, 2021

Aviator and Atlantic Grace collided photo_1 shipdiary.com

MV Aviator and Atlantic Grace collided

The collision of two commercial ships, the Aviator and Atlantic Grace collided, in the Gulf of Kutch, has sparked worries …

admin November 29, 2021

Appeal to revise the NR Tax Regulations for Maldivian Seafarers

Greetings from seaman community Maldives

For the kind attention of Honorable Minister of Transport and Civil Aviation, the Govt of. the Maldives and the Commissioner-General of MIRA:

Respected Sir/Madam,

Please support Seafarers from the Maldives:

To be exempted from taxation of their earnings, even though their stay abroad is short, on foreign going ships.
The existing rules applicable to a Maldivian seaman who serves on a foreign going ship are indirectly focused on entries into a seaman book that require 183 days to be considered for an NR or tax exemption in any tax year. Passport entries are said to be meaningless even though the seafarer is short on board for some time abroad.
It looks quite unfair if a seaman is taxed in the Maldives even if he served for six months onboard a foreign going ship owned by a local company. Seafarers have daunting and inaccessible jobs at present, which is why seafarers are prepared to extend their SEA and comply literally with the 183-day Income Tax Act.
The objective of this request is to obtain an exemption from the tax on salary income of seafarers during service to foreign going ships, though their service period may be limited during the Tax year.
Maldivian seamen will tremendously be helped to save their incomes by serving on domestic fleet ships and jobs overseas.
It must be recalled that seafarers' jobs are usually contract-based, do not benefit from retirement compensation while on foreign-owned ships, and do not allow them to earn on their own while serving on ships.
We urge the Minister of Transport & Commissioner-General of MIRA, for good favor, irrespective of the number of days of service during a Tax year, to exclude a Maldivian seafarer from taxing their earnings.

Note to Maldives seamen: Please inform your flag administration and call for action!

References-

https://www.mira.gov.mv/TaxLegislation/consolidated-income-tax-regulation-english-20200720.pdf

https://www.mira.gov.mv/TaxLegislation/income-tax-act-english-20200722.pdf

Income Tax Guide 2020 for Indian Seafarer (Merchant Navy): https://bit.ly/2S8SEfb https://www.taxadda.com/income-tax-guide-indian-seafarer/#:~:text=The%20salary%20received%20by%20a,No%20special%20exemption%20is%20available.&text=The%20salary%20of%20a%20non,taxable%20income%20of%20the%20seafarer

Malaysia: https://www.pwc.com/gx/en/services/people-organisation/publications/assets/pwc-malaysia-irb-releases-ruling-on-employment-income-aboard-a-ship.pdf

**your signature**

Latest

Bunkering prices, Week 01, 2022

Bunkering prices are determined dependent on the port. Popular Ports VLSFO $ $ IFO380 $ $ MGO $ $ Singapore …

admin January 7, 2022

A tanker sunk after being hit by a Mega Yacht

In the Bahamas, a tanker was sunk after being hit by a mega yacht. Tanker transporting goods The mega yacht …

admin December 26, 2021

Transport Ministers from the Maldives and Malaysia met

On the 10th of December, Transport Ministers from the Maldives and Malaysia met bilaterally. Maldives Transport Minister Aishath Nahula and …

admin December 25, 2021

Navios Amaryllis was granted permission to sail

The operator of the Panamanian flag vessel Mv Navios Amaryllis, which ran aground at K.Rasfari Reef, has paid a $10 …

admin December 8, 2021

Crew changes are prohibited shipdiary.com

Crew changes are prohibited at Israeli ports

Crew changes are prohibited at Israeli ports for the next two weeks owing to worries about the Covid-19 variant Omicron. …

admin December 8, 2021

STCW Basic Training Refresher via e-learning

This bundle includes four (4) e-learning STCW Basic Training Refresher Courses that have been approved by the Liberian Registry and …

admin December 7, 2021

Vaccination to Seamen on Panama flag shipdiary.com

Vaccination to Seamen on Panama flag vessels

Panamanian President Laurentino Cortizo has announced vaccination to Seamen on Panama flag vessels, regardless of nationality, when they arrive in …

admin December 7, 2021

Major fire on a bulk carrier_1 Almirante Storni

Major fire on a bulk carrier in Gothenburg, Sweden

Major fire on a bulk carrier in Gothenburg, Sweden. On the 4th of December, the bulk carrier ALMIRANTE STORNI is …

admin December 6, 2021

17 crew in stormy Japan sea Houei Crystal_1 shipdiary.com

A search for 17 crew in a stormy Japan sea

A cargo ship’s communications were lost in a stormy Japan sea, prompting a search for 17 crew members. It was …

admin December 2, 2021

Measures against crew COVID19 Variant Omicron

The Maldives Transport Authority has issued a Marine Circular on COVID19 Variant Omicron Precautionary Measures for Crew. Marine Circular No. …

admin November 30, 2021

STCW Basic Training Refresher via e-learning

This bundle includes four (4) e-learning STCW Basic Training Refresher …
MV Aviator and Atlantic Grace collided

The collision of two commercial ships, the Aviator and Atlantic …

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh