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Mauritius 2022-2023 Budget Delivered

13 June 2022

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Proposed Changes

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Mauritius

On 7 June 2022, the Mauritius Minister of Finance, Economic Planning, and Development, Renganaden Padayachy, delivered the Budget Speech 2022-2023. Some of the main tax-related measures of the Budget are summarized as follows: The annual individual income tax brackets/rates will be amended as follows, including a new rate of 12.5%: up to MUR 700,000 - 10% over MUR 700,000 up to MUR 975,000 - 12.5% over MUR 975,000 - 15%, plus the solidarity levy if applicable The Income Tax Act will be amended to cater for any change that may be required in connection with the introduction of a domestic...