PwC Mauritius Clarifies 2025 Tax Reforms for 100 Participants

PwC Mauritius hosted a forum to clarify key points of the Finance Bill 2025, focusing on recent tax amendments. The event, attended by about 100 clients, tax and finance professionals, was the first meeting between the Mauritius Revenue Authority (MRA) and the private sector after the bill’s publication.

Dheerend Puholoo, PwC’s Tax Leader, and Yamini Rangasamy, Associate Director, discussed several tax measures, including the new Qualified Domestic Minimum Top-up Tax, VAT on digital services, Transfer Pricing, and other fiscal changes.

Participants actively contributed questions, helping PwC formulate relevant inquiries for the MRA. This interactive session centered on client concerns.

The discussions continued during a roundtable with four MRA directors and Puholoo.

This allowed for in-depth answers to key questions, enhancing understanding of the reforms and strengthening dialogue between the regulator and private sector.

To address ambiguities in the recent amendments, the MRA provided clarifications. Notably, the VAT registration threshold has been lowered from Rs 6 million to Rs 3 million.

The MRA announced that the Medium and Small Taxpayers Department will hold information sessions and set up a hotline for small and medium-sized enterprises (SMEs).

Participants learned about other changes, such as the reduction of tax assessment deadlines from three years to two.

However, the MRA retains the right to request information beyond two years if there are suspicions of VAT under-declaration.

Also, while tax agents must be officially registered, internal employees can still handle tax matters for their companies without registration.

Puholoo emphasized PwC’s role in bridging the gap between authorities and the private sector. “It’s an honor for us to facilitate this collaboration,” he said.

He also thanked the MRA representatives for their expertise and active participation, which enriched the discussions.

PwC Mauritius remains committed to fostering understanding and strengthening connections within the business community through events like this, helping companies adapt to legislative changes.

Source: Le Mauricien