The MRA clarifies the due date for submission of Fair Share Contribution statements
Companies in-scope of Fair Share Contribution (FSC)
FSC applies to companies (excluding global business entities and exempt bodies) on income derived during the period 1 July 2025 to 30 June 2028, where in an accounting year:
- Supplies exceed MUR 24M or is required to be registered under the VAT Act; and
- Chargeable income exceeds MUR 24M.
The applicable FSC rates are:
2% of chargeable income for companies taxed at 3%.
5% of chargeable income for companies taxed at 15%.
5% of chargeable income for banks.
An additional 2.5% for banks on chargeable income from transactions with residents (excluding global business entities).
Filing and payment deadlines
| FSC return | Deadline | Calculation |
| First three quarters | Within 3 months after quarter-end |
|
| Fourth quarter | Within 6 months after year-end |
|
First FSC statement applicable on the respective due date:
| Closing date | FSC quarter | Applicable months | Due date |
| January | Q2 | July 2025 | 31 October 2025 |
| February | Q2 | July and August 2025 | 30 November 2025 |
| March | Q2 | July 2025 – September 2025 | 29 December 2025 |
| April | Q1 | July 2025 | 31 October 2025 |
| May | Q1 | July and August 2025 | 30 November 2025 |
| June | Q1 | July 2025 – September 2025 | 29 December 2025 |
July |
Q4 | July 2025 | 2 February 2026 |
| Q1 | August 2025 – October 2025 | ||
August |
Q4 | July and August 2025 | 2 March 2026 |
| Q1 | September 2025 – November 2025 | ||
September |
Q4 | July 2025 – September 2025 | 31 March 2026 |
| Q1 | October 2025 – December 2025 | ||
| October | Q3 | July 2025 | 31 October 2025 |
| November | Q3 | July and August 2025 | 30 November 2025 |
| December | Q3 | July 2025 – September 2025 | 29 December 2025 |
Note: FSC is not applicable to income derived before 1 July 2025. Therefore, taxpayers having year ending before 30 June 2025 will need to apportion their accounts accordingly for the purpose of filing and paying the FSC.
For more information please contact:
Yamini Rangasamy
Associate Director - Tax
yamini.rangasamy@pwc.com
Mobile: +230 5 472 7339 | Office: +230 404 5469
