Tax Arrears Settlement Scheme Re-introduced in Mauritius

As announced in the Budget Speech 2022 and implemented by the Finance (Miscellaneous Provisions) Act 2022, the Government has re-introduced the Tax Arrears Settlement Scheme (TASS) in Mauritius.

Under TASS, taxpayers will be able apply for the full waiver of penalties and interest on outstanding tax arrears, subject to the following conditions:

1. The tax arrears should be outstanding as of 7 June 2022 under the Income Tax Act, the Value Added Tax Act, or the Gambling Regulatory Authority Act, and payable under an assessment issued or a return submitted.

2. Application under the scheme should be made with the Mauritius Revenue Authority no later than 31 December 2022.

3. All tax arrears, net of penalties and interests, should be settled on or before 31 March 2023.

Please Note:

Taxpayers can also benefit from TASS if they have assessments pending before the Assessment Review Committee, the Supreme Court, or the Privy Council. However, they should withdraw their cases and inform the relevant institutions to be eligible.

For more information please contact Bapu Naidu at bnaidu@alliottmauritius.com or ymohabuth@alliottmauritius.com at Alliott (Mauritius)

About Alliott (Mauritius):

Alliott (Mauritius) is an independent member firm of Alliott Global Alliance, a worldwide alliance of independent accounting, law, and consulting firms, represented in 95 countries across the world with 215 member firms.

Alliott (Mauritius) is a firm of Chartered Certified Accountants and has provided accounting, audit, tax, and corporate services since 2003.

Licenced by the Financial Reporting Council and registered with the Mauritius Institute of Professional Accountants, Alliott (Mauritius) is a proud user of Caseware Africa audit software, and this is in place to conduct audits in accordance with international auditing standards. Our clients are mainly domestic companies and offshore entities.