On 4 June 2020, the Mauritius Minister of Finance, Economic Planning, and Development, Renganaden Padayachy, delivered the 2020-2021 Budget speech in parliament. Some of the main tax-related measures of the Budget are summarized as follows.
Individual Income Exemption Thresholds
The individual income exemption thresholds will be increased by amounts ranging from MUR 15,000 to MUR 80,000, resulting in the following thresholds from 1 July 2020 depending on taxpayer category:
- Individual with…