Mauritius 2018-2019 Budget Speech Delivered

On 14 June 2017, the Mauritian Prime Minister Pravind Kumar Jugnauth delivered the 2018-2019 Budget Speech. The main tax-related measures of the Budget are summarized as follows.

Individual-Related Measures:

• The eligibility criteria and conditions for the Negative Income Tax will be relaxed;
• The individual income tax exemption thresholds will be increased effective 1 July 2018 as follows:
  • Individual with no dependent - MUR 305,000
  • Individual with one dependent - MUR 415,000
  • Individual wit…