#Budget20
Testing times ahead
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Summary of Tax Measures
The Finance Bill 2020
Amid the controversies around the fiscal measures announced in the National Budget 2020, the much awaited Finance (Miscellaneous) Provisions Bill 2020 is finally out. We are pleased to note that Dr the Hon Renganaden Padayachy, Minister of Finance, Economic Planning and Development, has taken into account the comments made by the industry and reviewed the position on certain measures, such as the solidarity tax on companies with a turnover greater than Rs500 million, and tweaked the solidarity levy for individuals.
We invite you to register and download our summary of Tax Measures below:
Dheerend Puholoo
PwC | Tax Leader
d.puholoo@pwc.com
+230 404 5079
Our Opinion
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By: Anthony Leung Shing Country Senior Partner, PwC Mauritius |
The country has an enormous challenge ahead with high unemployment, mounting debt [...] These will be difficult trends to reverse! We can only hope that the Government pushes ahead with the transformation agenda in order to create a better tomorrow.
Read our full opinion
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Tax Perspective
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By: Dheerend Puholoo Tax Partner, PwC Mauritius |
The Budget aims at boosting the economy and investment.
Only time will tell whether the increase in taxes is in harmony with this objective. Read the full Tax Perspective by Dheerend Puholoo.
Sector Review
We reviewed the top sectors of the Mauritian economy. Read more to know the latest measures announced in the Budget 2020 and the key metrics you need to pay attention to.
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Public Finance
In this section we review the key performance indicators of the Mauritian economy.
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Taxation
Among all the measures announced in the Budget 2019-20, we analysed the impact on the tax areas ranging from corporate to personal tax and immigration.
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The legal landscape
The reforms’ focus on good governance and increased enforcement powers given to the regulator are necessary to improve the credibility and reputation of our jurisdiction on the international scene.
Read more
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