Mastering Taxation 2018 - 2019

Mastering Taxation is back with its 4th edition and has now been updated to reflect the recent tax reforms brought by the Finance Act 2018. We will run 7 half-day sessions which cover several aspects of taxation (Read session details below).

Mastering Taxation is a dynamic and practical training, where participants will learn from real life examples as well as have the opportunity to interact with high-calibre professionals on tax matters that impact on their businesses (Read our presenter profiles below).

To date, we have delivered Mastering Taxation sessions to more than 1,000 participants, working in different roles (finance managers, financial controllers, accountants, tax practitioners, etc.) and from a variety of industry sectors.

The tax reforms recently announced in the Budget and Finance Act 2018 promise to make this edition a whole new experience for participants

 

Use the Register button to book your seat early!

 

The Mastering Taxation experience

"It was enriching, detailed and addressed most of my questions. I like the fact that Mastering Taxation is not just a classroom style training, but also a chance to interact with Tax professionals"

Finance Manager, major local Bank Participant to 1st edition of Mastering Taxation

"Very relevant to my day to day work. I hope to attend other sessions as interesting as this one"

Tax Manager, Global Business company Participant to 2nd edition of Mastering Taxation

"Very helpful, gave ideas about how to tackle client's concern and how to compute income tax properly"

Accountant, Insurance Company Participant to 3rd edition of Mastering Taxation

Our Programme

20 Sep 2018: Basic of Income Tax

The Finance Act 2018 has brought major reforms to the Income Tax Act such as the taxation of domestic companies, banks and Global Business companies. There are new methodologies for calculating the tax payable by banks and Global Business companies. Moreover, many tax deductions have been amended or introduced to incentivise domestic companies. It is vital that companies understand the tax codes to ascertain their fair share of taxes to the MRA.  

This course will cover, amongst others, the basic principles of taxation in Mauritius, the taxability of foreign income, the introduction of partial exemption and the application of foreign tax credit, as well as the rules regarding deductibility of expenses. 

At the end of the course, attendees should be able to differentiate between taxable and non-taxable income and evaluate the deductibility of an expense, and the proposed reforms brought under the Finance Act 2018.

 

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11 Oct 2018: Other Aspects of Income Tax

Apart from corporate tax, companies are also liable to other taxes such as Tax Deducted at Source (TDS), Corporate Social Responsibility, Solidarity Levy for telecom companies, etc. Companies also have obligations under the Advance Payment System.

The Finance Act 2018 has amended some aspects of the above taxes and obligations. The CSR framework has been changed. TDS is now applicable to commissions, and rent payable to non-residents,. All these add to the existing complexities in the application of TDS on payments to contractors and payments made to non-residents for services rendered in Mauritius.

At the end of the course, attendees will have a broader understanding of the application and mechanics of different taxes that affect their businesses.

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08 Nov 2018: PAYE - An Overview

Employers have an obligation to comply with the PAYE requirements for their employees, which include calculations of the correct PAYE amounts and submission of the annual employers’ return. PAYE represents significant risks for employers if not done correctly. They often face difficulties when determining the tax treatment of a payment or benefit in kind to an employee, which may turn into a tax litigation case, with its associated costs.

This course will cover the basic fundamentals of PAYE in terms of the definition of emoluments, deduction in connection with employment, exemptions/reliefs, minimum wages, negative income tax, international tax aspects for expatriates, and other compliance requirements. 

At the end of the course, attendees will have a good technical understanding of PAYE to help their businesses improve their PAYE processing and mitigate any tax risk.

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14 Feb 2019: Tax Investigation - Objection & Appeal Process

With the increasing focus from the MRA on enhancing compliance, tax investigations are becoming a common feature. The tax investigation process has its own intricacies and may turn out to be a daunting experience when dealing with tax authorities. A well thought strategy smoothens a tax investigation process.  

This course will cover the different stages in a tax investigation process and explain how best to handle the administrative and legal procedures, either at the Objection or Assessment Review Committee levels. The course will also focus on the Alternative Tax Dispute Resolution process.

At the end of the course, attendees will understand the tax investigation processes, the taxpayers’ rights as well as learn how best to handle requests from tax authorities.

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14 Mar 2019: International Aspects of Income Tax

International Tax is constantly evolving especially following the Base Erosion and Profit Shifting (BEPS) Action Plan, which has revamped the taxation of cross-border transactions, be it from a corporate tax or VAT perspective. It is critical that businesses and MNEs keep abreast with the changing taxation environment to understand its impact in their home jurisdictions and/or other countries where they do business.

The course will provide insight into the BEPS Action Plan together with the fundamentals of international tax, such as the application of double tax treaties and taxation of overseas branch, foreign source income and permanent establishment.

At the end of the course, attendees will gain an understanding of the tax risks and implications of dealing across jurisdictions, as well as the latest trends and issues in cross border contracting.

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11 Apr 2019: Output VAT on Transactions

Whilst Value Added Tax (“VAT”) is a tax on consumption born by the final consumer, the supplier has the obligation to comply with the relevant laws and regulations. Not charging VAT on the right amount or at the right time may lead to considerable tax exposure. A sound knowledge on how, when and on what to apply VAT is becoming increasingly important given the diversity of supplies, both in terms of goods and services.

This course will cover the fundamentals of output VAT, which among others include charge to VAT, time of supply, VAT treatment of recharges between related companies. Relevant tax rulings and statement of practices issued by the MRA will be analysed. The calculation of bank levy introduced by the Finance Act 2018 under the VAT Act will also be covered.

At the end of the course, attendees will understand when a business should be VAT registered and impose VAT, what are the different types of supplies, as well as the VAT treatment for certain specific transactions.

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02 May 2019: Input VAT & VAT Administration

Not all input VAT incurred by a company can be claimed. Input VAT in respect of certain expenses (such as accommodation, motor cars, etc.) are simply not recoverable, while VAT incurred on common expenses should be apportioned where a company makes both taxable and exempt supplies. Often, companies do not make the right claim for input VAT. Such practices may expose businesses to significant risk of penalties and interests as the company is over-claiming input VAT.

This course will give a deep insight of the different irrecoverable input VAT together with an analysis of tax rulings and court cases. New rules governing recovery of input VAT brought by the Finance Act 2018 will also be analysed.

At the end of the course, attendees will have a solid knowledge of the mechanics of input VAT to help their businesses improve their VAT system and reporting in order to mitigate the risk of under/over recovery of VAT.

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Workshop Details

Date See in session details 
Time 8.30am - 12pm
Venue Hennessy Park Hotel, Ebène

Cost

 

                                        

Single course fee per participant
Rs 6,500 

Full programme course fee per participant
Rs 6,000
(Price per participant for 1 session, when registering for full programme)

MQA Approved - 3.5 CPD Hours

Contact For more details, please contact Mr. Yadav Ramburn on T: 404 5159 or by email ramburn.yadav@pwc.com

The Presenters

Olivier Rey

Dheerend Puholoo

Partner

Dheerend joined PwC in 2008. He has 30 years of experience in the field of taxation and advises large MNEs on tax restructurings both on the domestic and international fronts. Dheerend is a recognised tax litigation expert, with landmark wins at the level of the Assessment Review Committee, Supreme Court and Privy Council. He also influences tax policy changes through his active involvement in technical committees. He writes articles for business magazines and is a frequent speaker on tax forums.

Dheerend also worked at the Mauritius Revenue Authority for over 19 years where he occupied various roles, including Assistant Commissioner before being promoted to Head of Section of the Large Taxpayers Department.

 

Michael Ho Wan Kau

Feroz Hematally

Senior Manager

Feroz joined PwC in 2012 after spending 13 years in the UK, where he worked both in the Big 4 and in industry for a FTSE 100 group. He is well versed on tax issues encountered by companies on a day to day basis and has a broad exposure in international tax. At PwC, Feroz has led several transactions including tax due diligence and restructuring projects for both domestic and multinational companies.

Feroz regularly provides in-house tax technical training to a wide range of clients.

 

Julien Tyack

Shameemah Raman Sahebally

Manager

Shameemah joined PwC in July 2008 and heads PwC’s VAT services. She provides specialist VAT support to clients with specific focus on health checks and compliance with local regulations. She advises clients on the VAT implications of mergers and acquisitions, restructuring and other major transactions. She has significant experience in assisting clients in handling VAT tax audits from the Mauritius Revenue Authority (MRA).

Before joining PwC, Shameemah worked at the MRA for over 10 years in the International Tax Department. She handled international tax issues and was involved in the exchange of information with treaty partners and treaty negotiations. 

John Li

Anshee Sunnassee

Manager

Anshee has been with PwC for the last 8 years. She advises on a variety of assignments ranging from tax implications on group restructuring to specialised due diligence work. Anshee manages a portfolio of high net worth individuals, domestic and Global Business companies, to whom she provides both tax advisory and compliance services.

Anshee has recently been on secondment at the Washington office of PwC US, advising law firms and private companies on tax and regulatory matters

 

 

Shafeenaz Molotoo 

Manager

Shafeenaz joined PwC 10 years ago as part of the first Graduate Scheme in Tax. Besides providing advisory and compliance services to a broad range of clients, Shafeenaz specialises in providing assistance to clients on tax investigations. She leads litigation cases at the Objection Department of the MRA and Assessment Review Committee.

Shafeenaz drives the Seychelles tax desk. She also leads the Learning & Development programme for PwC Mauritius, which includes both staff and client tax technical training, and is working closely with PwC South Africa to launch our client e-learning platform.
 

 

Robert Coutet

Sufyaan Dosemahamed

Manager

Sufyaan joined PwC in 2010 and drives the tax technology services. Sufyaan recently returned from a 2-year secondment from PwC South Africa, where he worked on several tax technology projects across Africa. He is currently responsible for experTax, PwC’s leading cloud based tax computation software.

Besides tax technology, Sufyaan also manages a portfolio of both compliance and advisory clients ranging from domestic, multinational and Global Business companies.
 



Contact us

Anthony Leung Shing
Country Senior Partner, Tax Leader, PwC Mauritius
Tel: +230 404 5071
Email

Ariane Serret
Senior Manager, Clients and Markets Development, PwC Mauritius
Tel: +230 4045029
Email

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