Obligation to file a return

Income Tax Returns for individuals

An individual who is in receipt of emoluments, pension or deriving income from trade, business, profession, agriculture, rents and other sources should fill in a return of income if he:

  • is registered at the MRA ,i.e has been allocated a Tax Account Number

  • derives a chargeable income whether he is registered or not

  • Net Income exceeding the Income Exemption Threshold (IET) Category A per year

  • Gross income from business exceeding Rs 2 million per year

  • Emoluments from which tax has been withheld

  • Income which has been subject to tax deduction at source

Calculation of chargeable income

Chargeable income = Gross Income – allowable deductions – Exemptions and reliefs.

Allowable deductions include expenditure incurred in the production of income ,losses ,bad debts and annual allowance(instead of depreciation)

Tax Rates

An individual having an annual net income :

  • Not exceeding Rs 700,000  : 10%

  • Exceeding Rs 700,000 but not exceeding Rs 975,000 : 12.5%

  • Exceeding Rs 975,000 : 15%

External Links : CATA |  ATAF |  WCO  |  Trade Obstacles Alert | Mauritius Trade Easy