Mauritius Revenue Authority

Exemption

Income Exempted from tax are as follows :

1. Dividends
   • Paid by a company resident in Mauritius
   • Paid by a co-operative society
   • Paid by a company holding a GBL2

    

2. Interest payable on a balance maintained in a bank by an individual who is not   resident in Mauritius.

    

3. Interest payable on call and deposit accounts held with any bank under the banking Act 2004 by a corporation holding a GBL1.

    

4. Interest payable to a non-resident, not carrying on any business in Mauritius, by a corporation holding a GBL1 or a Bank holding a banking licence under the Banking Act 2004.

    

5. Interest, rent, royalties, compensations and other amount paid by a company holding a GBL2 to a non-resident.

    

6. Interest, rent, royalties, compensations and other amounts paid by a company holding a Banking License under the Banking Act 2004.

    

7. Royalties payable to a non-resident by a corporation holding a GBL1 or by a bank holding a Banking Licence under the Banking Act 2004.

    

8. Gains or profits derived from the sale of units or securities by a company holding a Category 1 GBL.

    

9. Income derived by the holder of a gaming house licence under the Gaming Act from the operation of his gaming house.

    

10. The first Rs1,500,000 of the aggregate amount received as lump sum by way of commutation of pension, death, gratuity, retiring allowance and severance allowance, received in an income year and the four succeeding income years.

     

11. Any transport allowance, including petrol allowance and travel grant which is the lesser of Rs8,480 or 25% of the monthly basic salary payable to an employee.

     

12. Rent Allowance payable to a person appointed to an office in the Police Force, Fire Services, Forests Division, Ministry of Fisheries, Civil Aviation and Fire Unit of Mauritius Marine Authority.

     

13. Passage Benefits provided under the contract of employment, not exceeding 6% of the basic salary.

     

14. Any retirement pension not exceeding the IET in respect of Category A payable to a citizen of Mauritius who is not resident in Mauritius.

     

15. Alimony or maintenance allowance paid to a previous spouse whose marriage has been dissolved by a court of competent jurisdiction.

     

16. An employee whose emoluments do not exceed Rs20 800 per month is an exempt person and is not subject to tax deduction under the PAYE System.