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Key highlights from the Finance (Miscellaneous Provisions) Bill 2025

01 Aug 2025

The Finance (Miscellaneous Provisions) Bill 2025, which outlines the implementation measures announced in the Mauritius National Budget 2025-26, has been released for public consultation.

Among the notable provisions is the introduction of the Qualified Domestic Minimum Top-up Tax (QDMTT), aligned with Pillar Two of the OECD reforms. This tax will apply to resident entities within multinational groups whose turnover exceeds EUR 750 million. While the application mechanism and associated incentives and credits are still under discussion pending the Finance Act, it’s worth noting that the major economies, including the U.S., China and India, have yet to implement the global minimum tax. In fact, Germany’s Chancellor recently called for the EU to suspend its rollout.

The Bill also introduces fair share contribution (FSC) for both individuals and companies, with exemptions granted to entities holding global business licences. We welcome the extension of the Tax Arrears Payment Scheme (TASS), which offers a full waiver of interest and penalties for another year, providing much-needed relief to taxpayers facing substantial arrears.

Additionally, the Mauritius Revenue Authority (MRA) will now be limited to raising assessments within a three-year period, down from the current four years, marking a significant shift in compliance timelines.

From a regulatory standpoint, the Bill mandates the use of registered tax agents for the preparation and submission of tax returns. Only agents approved by a newly established committee will be authorised to operate, subject to meeting prescribed criteria.

For a detailed analysis of the key tax measures and their effective dates, please download our summary below.

Download the summary

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