• As someone who knows little about running a business from a financial and statutory perspective I find Ramanah & Associates very reliable and helpful in ensuring I meet all my statutory obligations. A very organized and proficient service
    Author : Carla Ramanah
    Stable Manager
    Forbach Stable
  • This is to certify that Ramanah & associates has undertaken our financial and secretarial duties since incorporation of our company and has performed its task without delay.Its staff is painstaking and diligent. Our records are kept in full confidentiality and we trust them for their intelligent counselling of our financial management. We sincerely support them for any future endeavours.
    Author : Vijay Luchmun
    Managing Director
    Vijay Trading Co Ltd
  • It's my pleasure to inform you that your company has always delighted us of prompt services and suggest others not to hesitate to approach your company for the excellent services.
    Author : Mrs Woocheet
    Director
    Jayelec Company Limited
Testimonial

Customer Testimonials

" As someone who knows little about running a business from a financial and statutory perspective I find Ramanah & Associates very reliable and helpful in ensuring I meet all my statutory obligations. A very organized and proficient service ! "-Carla RamanahStable Manager Forbach Stable
" This is to certify that Ramanah & associates has undertaken our financial and secretarial duties since incorporation of our company and has performed its task without delay.Its staff is painstaking and diligent. Our records are kept in full confidentiality and we trust them for their intelligent counselling of our financial management. We sincerely support them for any future endeavours. ! "-Vijay Luchmun Managing Director Vijay Trading Co Ltd
" It's my pleasure to inform you that your company has always delighted us of prompt services and suggest others not to hesitate to approach your company for the excellent services. ! "-Mrs Woocheet Director Jayelec Company Limited
More Testimonials

Self Assement Tax Returns

In Mauritius, personal tax filing is done every end of March. This tax mainly affects individuals.

According to the other provisions of the Finance Act, the income of an individual include the following:

  • any advantage in money or in money's worth which is
    • salary, wages, leave pay, fee, overtime pay, perquisite, allowance, bonus, gratuity, commission or other reward or remuneration in respect of or in relation to the office or employment of that individual;
    • superannuation, compensation for loss of office, pension (including any pension in respect of which a deduction is allowed under section 23 or 62, as the case may be), retiring allowance, annuity or other reward in respect of or in relation to past employment or loss or reduction of future income of that individual, whether receivable by that individual or by any person who is or has been the spouse or dependent of that individual;
  • any gross income derived from any business;
  • any rent, royalty, premium or other income derived from property;
  • any dividend, interest, charges, annuity or pension, (other than a pension referred to in Paragraph (a)(ii)) of the Act;
  • basic retirement pension payable under the National Pensions Act;
  • any gross income, in money or money's worth, derived from the sale of immovable property in the course of any business falling under paragraph (b); and
  • any other income derived from any other source.

Income Exemption Threshold

The income exemption threshold in respect of income year ending 31 December 2013 is as follows :

Category
Amount (Rs)
Category A- An individual with no dependent
270,000
Category B- An individual with one dependent
380,000
Category C- An individual with two dependents
440,000
Category D- An individual with three dependents
480,000
Category E- A retired person with no dependent
320,000
Category F- A retired person with one dependent
430,000

Current Payment System (CPS):

A person should file and pay taxes on a quarterly basis under the Current payment system if its turnover exceeds Rs 2 million. The CPS should be done on a quarterly basis: see table below for more information.

In respect of CPS quarter
Due date for submission of CPS Statement and payment of tax
1 Jan to 31 March
30 June
1 April to 30 June
30 September
1 July to 30 September
2 days, excluding Saturdays and public holidays, before the end of December

No need to submit for the 4th quarter, since taxpayer is required to submit Annual Return on 31 March.