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
Full Payroll Outsourcing
Hybrid Payroll Outsource
International Payment Management
Social Security Filing
Interact with Local Authorities
Human Resources Management System
Integration with all Accounting and Third Party
Benefits of outsourcing to Praxima
Local Tax Compliance
Secure Data Transferring
Running Your Payroll
Focus on Your
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 | 2022
MUR Tax Rates
0 - 700,000 10%
700,000 - 975,00 12.5%
Above 975,000 15%
STATUTORY FILING | 2022
The tax year is a fiscal year. Tax year is from 1st July to 30th June. Individuals are required to submit their income tax returns and pay taxes due by 30 September. Married couples are assessed separately.
SOCIAL SECURITY | 2022
Employers are required to make the following Social Security contributions
6% to the National Provident Fund, limited to maximum monthly contribution of MUR 942;
2.5% to the National Savings Fund, limited to a maximum monthly contribution of MUR 393;
1.5% for an Industrial and Vocational Training levy. (household workers are not included);
Employees are required to make to following contributions:
3% of their basic salary towards the National Provident Fund, limited to a maximum amount of MUR 444;
1% to the National Savings Fund, limited to a maximum amount of MUR 148;
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.
An individual will be considered a resident in Mauritius if he/she:
Is domiciled in Mauritius, unless he/she has a permanent home outside Mauritius.
Is present in the country for a minimum of 183 days in the fiscal year; or
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
PAYMENTS, REPORTING & FILING
Direct payment into employee bank accounts. Emailed password protected pay slips.
Payment of taxes, benefit providers and other creditors.
Filing of returns to the authorities.
Generation and filing of statutory reports.
General ledger and 100's of customisable reports.