iCalculator™ MU: Mauritius Tax Calculators
Welcome to iCalculator™ MU, your comprehensive suite of free tax calculators for Mauritius. iCalculator™ has provided free tax calculators for Mauritius since 2020. Since those early days we have extended our resources for Mauritius to includes Tax Guides, Tax Videos and enhanced the tax calculators and supporting tax information. The Mauritius Tax Calculator and salary calculators within our Mauritius tax section are based on the latest tax rates published by the Tax Administration in Mauritius. In this dedicated Tax Portal for Mauritius you can access:
Mauritius Tax Calculator 2024/25
The Mauritius Tax Calculator below is for the 2024 tax year, the calculator allows you to calculate income tax and payroll taxes and deductions in Mauritius. This includes calculations for
- Employees in Mauritius to calculate their annual salary after tax.
- Employers to calculate their cost of employment for their employees in Mauritius.
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Mauritius is an island nation situated in the Indian Ocean, approximately 2,000 kilometers off the southeastern coast of Africa. It is part of the Mascarene Islands, with Réunion to the southwest and closer to Madagascar to the west. As a strategic point along the ancient spice trade routes, Mauritius has been influenced by a myriad of cultures including African, European, and Asian, which is reflected in its diverse cultural heritage, cuisine, and language.
The Mauritian economy is lauded as one of the most successful in Africa, characterized by its diversification from a mono-crop sugar economy to a robust, diversified economy encompassing sectors such as textiles, tourism, financial services, and information and communication technology (ICT). The island has also established itself as a reputable financial center in the region.
Tourism is a significant pillar of the economy, with Mauritius attracting visitors from all over the world to its pristine beaches, vibrant coral reefs, and rich cultural heritage sites. The sector benefits from the island’s political stability, well-developed infrastructure, and hospitality services.
Agriculture, while no longer the dominant sector, remains vital, with sugar cane being the primary crop. The country has also seen growth in the cultivation of fruits and vegetables for both local consumption and export. The fishing sector, particularly tuna fishing, contributes to the country's export earnings as well.
Mauritius has made substantial investments in the ICT sector, aiming to become a regional hub for technology and innovation. This includes initiatives to improve internet connectivity, promote ICT education, and attract foreign investment in technology-based industries.
The financial services sector in Mauritius is another cornerstone of the economy, benefiting from a favorable regulatory regime. The country offers a range of services including banking, insurance, wealth management, and serves as a gateway for investment into Africa.
The Mauritian government continues to focus on economic diversification, environmental sustainability, and social development to ensure long-term prosperity. Challenges such as global economic fluctuations, climate change, and the need for continued innovation are being addressed through proactive policies and international cooperation.
For more information on neighboring countries and their economic profiles, visit Madagascar and Réunion.
Tax overview of Mauritius
Mauritius boasts a progressive and investor-friendly tax system, recognized for its simplicity and efficiency. The nation's tax regime is designed to support economic growth, attract foreign investment, and enhance its competitiveness as a global business hub. Key aspects of the tax system include a low, uniform rate for personal and corporate income taxes, no capital gains tax, and a value-added tax (VAT) on goods and services.
Personal income tax in Mauritius is levied at a flat rate, applying to all residents and non-residents earning income within the country. This approach simplifies tax compliance and planning for individuals. Corporate income tax follows the same flat-rate principle, applying to profits earned by companies registered in Mauritius. The island nation has positioned itself as an attractive destination for business and investment, partly due to this favorable corporate tax environment.
VAT in Mauritius is imposed on the supply of most goods and services, with certain essential items and services being exempt or zero-rated to support social and economic objectives. The VAT system is designed to be broad-based, contributing significantly to government revenue while minimizing economic distortion.
Mauritius has established a comprehensive network of Double Taxation Avoidance Agreements (DTAAs) with countries around the world, reducing the tax burden on cross-border investments and preventing double taxation of income. This network supports Mauritius' role as a gateway for investment into Africa and Asia.
The country also offers various tax incentives for investments in specific sectors, such as renewable energy, financial services, and real estate development. These incentives include reduced tax rates, tax holidays, and exemptions on certain types of income, aimed at fostering sustainable economic development and innovation.
Efforts to ensure tax compliance and transparency have been strengthened in recent years, with Mauritius committed to adhering to international tax standards set by organizations such as the OECD. This includes measures to combat tax evasion, money laundering, and the financing of terrorism.
For individuals and businesses looking to navigate Mauritius' tax landscape, staying informed about the latest regulations and planning effectively is crucial. For more insights and resources on tax management in Mauritius, visit our tax hub, featuring the latest tax tools and comprehensive tax information.