CareEdge Africa has released its latest Mauritius Economy Update – August 2025, following the enactment of the Finance Bill 2025 on August 8. This bill translates the measures announced in the June 5 Budget Speech for FY2025–26 into law. The Finance Bill introduces significant reforms across personal and corporate taxation, VAT, customs, excise duties, and social transfers. Notable provisions include:

• Personal Income Tax: A new threshold, along with a Fair Share Contribution of 15% on annual incomes above MUR 12 million.
• Corporate Income Tax: Introduction of a Fair Share Contribution ranging between 2% and 5% for companies with turnover exceeding MUR 24 million annually.
• Corporate Measures:
  1. Alternative Minimum Tax – applicable to sectors such as hotels, insurance, financial services, real estate, and telecom, while exempting global business companies and those under tax holidays.
  2. Qualified Domestic Minimum Top-Up Tax (QDMTT) – aligned with international tax standards, ensuring that large companies pay a minimum effective tax rate domestically. These measures reflect the government’s focus on equity, fiscal sustainability, and aligning Mauritius with global tax frameworks. Read in Detail Here: Mauritius_Economic_Update_-_August_2025 (1)