The Mauritius Prime Minister and Minister of Defence, Finance, and External Affairs, presented the Budget Speech 2025-2026 in the National Assembly on 5 June 2025. The main tax and tax-related measures include the following:
- The personal Income tax bands will be reduced from eleven to three, effective 1 July 2025:
- up to MUR 500,000 (first MUR 500,000) - 0%
- over MUR 500,000 up to MUR 1,000,000 (next MUR 500,000) - 10%
- over MUR 1,000,000 (remainder) - 20%
- A fair share contribution on high-in…