Social security contributions
Contribution Sociale Generalisee (CSG)
In the Finance Bill 2020, as of 1 September 2020, the pension system under the National Pensions Fund (NPF) is being abolished and replaced by the CSG. Every participant and every employer of a participant is liable to pay CSG at prescribed rates depending on their remuneration. A participant means an employee or self-employed person, on a 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 MUR 50,000 in a month.||1.5||3.0|
|An employee other than a public sector employee earning a basic wage or salary exceeding MUR 50,000 in a month.||3.0||6.0|
|Public sector employee earning a basic wage or salary not exceeding MUR 50,000 in a month.||Not applicable||4.5|
|Public sector employee earning a basic wage or salary exceeding MUR 50,000 in a month.||Not applicable||9.0|
|An employee who is in the domestic service earning a basic wage or salary not exceeding MUR 3,000 in aggregate in a month from one or more employers.||Not applicable||3.0|
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 tax summary for more information.
An individual whose leviable income exceeds MUR 3 million in an income year, in addition to one's income tax liability, is liable to pay a solidarity levy of 25% on its leviable income in excess of the MUR 3 million. Leviable income includes dividends from Mauritius resident companies. The solidarity levy is capped to 10% of the individual's net income.
Net wealth/worth taxes
There are no net wealth/worth taxes in Mauritius.
Inheritance, estate, and gift taxes
There are no inheritance, estate, or gift taxes in Mauritius.