Social security contributions
Contribution Sociale Generalisee (CSG)
In the Finance Bill 2020, as from 01 September 2020, the pension system under the NPF is being abolished and replaced by CSG. Every participant and every employer of a participant are liable to pay CSG at prescribed rates depending on their remuneration. Participants means an employee or self-employed, on full time or part time basis but does not include a public sector employee.
The rate of contribution applicable is shown in the table below.
|Category of employee||Rate applicable on the basic wage or salary of the employee and to be deducted from the wage or salary of the employee||Rate applicable on the basic wage or salary of the employee and payable by the employer|
|An employee, other than a Public Sector employee, earning a basic wage or salary NOT exceeding Rs 50,000 in a month||1.5 per cent||3 per cent|
|An employee other than a Public Sector employee earning a basic wage or salary exceeding Rs 50,000 in a month||3 per cent||6 per cent|
|Public Sector employee earning a basic wage or salary not exceeding Rs 50,000 in a month||Not applicable||4.5 per cent|
|Public Sector employee earning a basic wage or salary exceeding Rs 50,000 in a month||Not applicable||9 per cent|
|An employee who is in the domestic service earning a basic wage or salary NOT exceeding Rs 3,000 in aggregate in a month, from one or more employers||Not applicable||3 per cent|
Failure to comply with the above entails a penalty of 10% of the unpaid tax and an interest of 1% per month or part of the month during which the tax remained unpaid.
National Savings Fund (NSF)
Employers are required to contribute 2.5% of remuneration to the NSF and to pay a monthly levy of 1.5% of basic salaries and wages of every employee. For the period from July 2019 to June 2020, an employer is required to pay levy at the rate of 1% for employees whose total basic wage or salary does not exceed MUR 10,000. Employees are required to pay a 1% levy, subject to a maximum amount of MUR 187 per month.
Value-added tax (VAT)
VAT is charged at the standard rate of 15% on all goods and services supplied by VAT-registered entities in Mauritius (except those taxed at 0% or exempt).
See the Other taxes section in the Corporate summary for more information.
Net wealth/worth taxes
There are no net wealth/worth taxes in Mauritius.
However, an individual whose leviable income exceeds MUR 3.5 million in an income year, in addition to one's income tax liability, is liable to pay a solidarity levy of 5% in excess of the MUR 3.5 million.
Inheritance, estate, and gift taxes
There are no inheritance, estate, or gift taxes in Mauritius.