Income tax in Mauritius

April 06, 2016

INDIVIDUAL TAXATION

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Residents are taxed on their worldwide income. A resident is a person whose domicile is in Mauritius, excluding a person living in Mauritius for a temporary purpose, or present for less than 183 days in one tax year, or less than 270 days in three tax years. Married couples are taxed separately.

The tax year is from 01 July of the current year to 30 June of the succeeding year. The tax year 2015-2016 is from 01 July 2015 up to 30 June 2016. The tax year 2016-2017 is from 01 July 2016 up to 30 June 2017.

INCOME TAX

Income is classified into the following categories: (1) salaries and wages, (2) business income, (3) income from properties, (4) dividend, interests, annuities, and pension, and (5) any other income.

Income from all sources is taxed at a flat rate of 15%. Taxable income is calculated by deducting expenses, losses, and debts incurred in the production of income from the gross income.

Resident individuals are entitled to claim income exemption, of which the threshold amount varies depending on the family circumstances of the taxpayer.

INCOME EXEMPTION THRESHOLD 2015-2016

Taxpayer Status Exemption Amount, MUR (US$)
Individual with no dependent 285,000 (US$7,808)
Individual with 1 dependent 395,000 (US$10,822)
Individual with 2 dependents 455,000 (US$12,466)
Individual with 3 or more dependents 495,000 (US$13,562)
Retired individual with no dependent 335,000 (US$9,178)
Retired individual with 1 dependent 445,000 (US$12,192)

INCOME EXEMPTION THRESHOLD 2014-2015

Taxpayer Status Exemption Amount, MUR (US$)
Individual with no dependent 275,000 (US$7,534)
Individual with 1 dependent 385,000 (US$10,548)
Individual with 2 dependents 445,000 (US$12,192)
Individual with 3 or more dependents 485,000 (US$13,288)
Retired individual with no dependent 325,000 (US$8,904)
Retired individual with 1 dependent 435,000 (US$11,918)

INCOME EXEMPTION THRESHOLD 2013-2014

Taxpayer Status Exemption Amount, MUR (US$)
Individual with no dependent 270,000 (US$7,387)
Individual with 1 dependent 380,000 (US$10,411)
Individual with 2 dependents 440,000 (US$12,055)
Individual with 3 or more dependents 480,000 (US$13,151)
Retired individual with no dependent 320,000 (US$8,767)
Retired individual with 1 dependent 430,000 (US$11,781)

Qualified dependents may be a spouse, a child under 18 years old, a child over 18 years old who is pursuing a full-time course in an educational institution, and a child over 18 years old who cannot earn a living because of a physical or mental disability.

RENTAL INCOME
Rental income is taxed at 15%. Income-generating expenses are deductible when computing for the taxable income.

Resident individuals earning rental income are subject to withholding tax of 5%. This withholding tax is credited against the individual’s income tax liability.

Any individual who owns more than one residence or owns a property costing more than MUR2 million (US$54,795), is now required to file an income tax return, irrespective of whether his income is taxable or not.

CAPITAL GAINS
No capital gains tax is levied in Mauritius.


PROPERTY TAX


National Residential Property Tax (NRPT)

This tax is levied on residential properties in Mauritius. The tax base is the total surface area for residential land, or the floor area for flats and apartments.

NATIONAL RESIDENTIAL PROPERTY TAX

TAX BASE TAX, MUR (US$)
Per square metre of surface area of land MUR10 (US$0.27)
Per square metre of floor area of flats MUR30 (US$0.97)

CORPORATE TAXATION

INCOME TAX

Income earned by companies is taxed at a flat rate of 15%. Income-generating expenses are deductible when calculating taxable income.

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