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Mauritius: Tax relief allows deferral of tax payments

Mauritius: Tax relief allows deferral of tax payments

The Mauritius Revenue Authority—in an effort to assist taxpayers and employers improve their cash flow—announced that tax payments under the advance payment system and the current payment system will be deferred and the tax arrears settlement scheme will be renewed to provide for full or 80% waiver of penalties and interests on all tax arrears due.

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The relief includes the following:

  • The last date for the submission of advance payment system statements and payment of the corresponding tax by companies for any quarter when the due date falls in the period from November 2020 and up to May 2021, is deferred to 28 June 2021.
  • Companies having a year-end of November 2020 are not required to submit an advance payment system statement for the third quarter ended in August 2020, but they will have to submit their annual income tax return by 31 May 2021.
  • When the due date falls in December 2020 or in March and June 2021, individual taxpayers are not required to submit current payment system statements. The tax payable is to be remitted at the time of filing of the annual income tax returns in September or October 2021.
  • Any penalty and interest included in the tax arrears, due as of 31 October 2020, under an assessment issued or a return submitted on or before 31 October 2020, will be fully waived, provided that the taxes due are fully paid on or before 31 December 2021 and an application for the waiver is made with the tax authority on or before 30 June 2021.

Read a November 2020 report [PDF 307 KB] prepared by the KPMG member firm in Mauritius 

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