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Mauritius 2024-2025 Budget Delivered Including New 2% Corporate Climate Responsibility Levy on Profits and Several Other Measures

21 June 2024

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Proposed Changes

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Mauritius

The Mauritius Minister of Finance, Economic Planning, and Development delivered the Budget Speech 2024-2025 on 7 June 2024. The main tax-related measures include: Introducing a Corporate Climate Responsibility (CCR) levy equivalent to 2% of a company's profits, with an exemption from the levy for companies with a turnover of less than MUR 50 million Renewing the Tax Arrears Settlement (Payment) Scheme for an additional year, providing for a full waiver of penalties and interest where tax arrears, outstanding under the Income Tax Act, the Value Added Tax Act, and the Gambling Regulatory Authority Act are paid in full by 31...