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Mauritius 2024-2025 Budget Delivered Including New 2% Corporate Climate Responsibility Levy on Profits and Several Other Measures

|Proposed Changes|Mauritius
Mauritius

The Mauritius Minister of Finance, Economic Planning, and Development delivered the Budget Speech 2024-2025 on 7 June 2024. The main tax-related measures include:

  • Introducing a Corporate Climate Responsibility (CCR) levy equivalent to 2% of a company's profits, with an exemption from the levy for companies with a turnover of less than MUR 50 million
  • Renewing the Tax Arrears Settlement (Payment) Scheme for an additional year, providing for a full waiver of penalties and interest where tax arr…

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