Mauritius: Living There - Tax Issues
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Last Updated: Nov 17, 2006
Living There
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.
Income tax is levied on income, less expenses, losses, and debts incurred in the production of income. The following personal reliefs and deductions may also be claimed:
PERSONAL RELIEFS AND DEDUCTIONS |
|
| RELIEFS | MUR (US$) |
| Basic personal deduction | MUR80,000 (US$2,569) |
| Dependent spouse whose income does not exceed MUR65,000 (US$2,087) | MUR65,000 (US$2,087) |
| Dependent children (maximum of three) | MUR30,000 (US$963) each |
| Educational expenses | |
| • Pre-primary, primary, secondary | MUR10,000 (US$321) max |
| • Tertiary education in Mauritius | MUR80,000 (US$2,569) max. |
| • Tertiary education outside Mauritius | MUR80,000 (US$2,569) |
| Deduction for handicapped child | MUR50,000 (US$1,606) |
| Deduction for other handicapped person | MUR50,000 (US$1,606) |
| Emoluments relief – maximum of MUR125,000 (US$4,335) | 15% of emoluments |
| Retirement pension relief | MUR75,000 (US$2,408) max |
| Pension contributions | actual contribution |
| Interest Relief | MUR125,000 (US$4,014) max |
| Life Insurance premium | MUR80,000 (US$2,569) max |
| Savings relief | up to 20% of net income |
| Investment relief (maximum of MUR50,000 (US$1,606)) | up to 40% of investments |
| Deductions for medical expenses | 75% of actual expenses |
| • In Mauritius – max. of MUR20,000 (US$642) | |
| • Outside Mauritius – max. of MUR30,000 (US$963) | |
The net rental income then is subject to the following progressive tax rates:
INCOME TAX |
|
| TAXABLE INCOME, MUR (US$) | MARGINAL TAX RATE |
| Up to 25,000 (US$803) | 10% |
| 25,000 – 50,000 (US$1,606) | 20% on the band over US$803 |
| 50,000 – 500,000 (US$16,056) | 25% on the band over US$1,606 |
| Over 500,000 (US$16,056) | 30% on all income over US$16,056 |
| Source: Global Property Guide | |
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