GROW YOUR BUSINESS IN MAURITIUS
Have an enterprise level payroll department and a HRMS with Employee Self-Service at a per employee cost
Praxima Services Includes
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Full Payroll Outsourcing
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Hybrid Payroll Outsource
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International Payment Management
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Local Filing
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Social Security Filing
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Interact with Local Authorities
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Human Resources Management System
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Integration with all Accounting and Third Party
Software
Benefits of outsourcing to Praxima
Local Tax Compliance
Secure Data Transferring
Responsive Administrators
Increase Productivity
Industry Experts
Running Your Payroll
Focus on Your
Core Business
Full International Quality Payroll Department in Mauritius
Payroll in Mauritius
Individuals deriving an income from a Mauritian source, irrespective of their nationality or residency, are subject to Mauritian income tax. The flat tax rate of 15% has been reduced to 10% on the 1st of July 2018 for individuals earning up to 650 000 Mauritian rupees. Mauritius' tax year runs from 1 July to 30 June.
TAX RATES | 2018 / 2019
0 - 650 000: 10%
Above 650,000: 15%
STATUTORY FILING | 2018 / 2019
The tax year is a fiscal year. Individuals are required to submit their income tax returns and pay taxes due by 30 September. Married couples are assessed separately.
SOCIAL SECURITY | 2018 / 2019
Employers are required to make the following Social Security contributions
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6% to the National Provident Fund, limited to maximum monthly contribution of MUR 942;
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2.5% to the National Savings Fund, limited to a maximum monthly contribution of MUR 393;
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1.5% for an Industrial and Vocational Training levy. (household workers are not included);
Employees are required to make to following contributions:
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3% of their basic salary towards the National Provident Fund, limited to a maximum amount of MUR 444;
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1% to the National Savings Fund, limited to a maximum amount of MUR 148;
Taxable Income
Taxable incomes include employment income, fringe benefits that arises from employment and business income.
An investment income derived from outside Mauritius, will be taxed if it is received within the country.
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Tax Residents
An individual will be considered a resident in Mauritius if he/she:
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Is domiciled in Mauritius, unless he/she has a permanent home outside Mauritius.
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Is present in the country for a minimum of 183 days in the fiscal year; or
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Has been present in the country for 270 days or more in total in the fiscal year and the prior two years.
Your HRMS is Standard
Employee Self-service
Payslip and tax certificate retrieval. Updating of personal particulars. Leave request and balance enquiries
Records
Employee documents folder. Training records. Heath & Safety records. Disiplinary records. Qualifications, resume and hiring records.
Work Flow
Workflow with different approval levels. Full work flow functionality for leave requests, expense and time-sheets
PAYMENTS, REPORTING & FILING
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Direct payment into employee bank accounts. Emailed password protected pay slips.
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Payment of taxes, benefit providers and other creditors.
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Filing of returns to the authorities.
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Generation and filing of statutory reports.
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General ledger and 100's of customisable reports.
