Presented on June 5, 2025, the 2025\u20132026 Budget is based on three pillars announced by the government: economic renewal, a new social order, and fiscal consolidation. Il s\u2019accompagne d\u2019un Annexe d\u00e9taill\u00e9 et de la Finance Act 2025, qui pr\u00e9cisent ce qui entre r\u00e9ellement en vigueur.<\/p>\n
Personal income tax<\/strong> Contribution exceptionnelle sur hauts revenus<\/strong> TVA et \u00e9conomie num\u00e9rique<\/strong> Entreprises, banques et fiscalit\u00e9 internationale<\/strong> Tourism and e-invoicing<\/strong> Real estate and non-citizen investors: what was announced, what has been finalized<\/strong> Mesures envisag\u00e9es mais finalement non retenues ou revues<\/strong> What the macro figures say<\/strong> D\u00e9bats et r\u00e9actions<\/strong> Impact on the Mauritian real estate market<\/strong> Rentals and returns<\/strong> Sources officielles cl\u00e9s \u00e0 consulter si vous \u00eates int\u00e9ress\u00e9s: Le Budget 2025\u20132026 redessine la fiscalit\u00e9 mauricienne : nouvelles tranches d\u2019imp\u00f4t, seuil de TVA abaiss\u00e9, taxation des services num\u00e9riques et hausse des droits pour les acquisitions immobili\u00e8res de non-citoyens \u00e0 compter du 1er juillet 2026. Here are the key points and market impact.<\/p>\n","protected":false},"author":1,"featured_media":312205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","footnotes":""},"categories":[1516,1505,1504],"tags":[],"class_list":["post-312333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-our-advice","category-real-estate-and-investment"],"acf":[],"yoast_head":"\n
\nThe scale has been simplified into three effective brackets for the year ending June 30, 2026: 0% up to Rs 500,000, 10% between Rs 500,000 and Rs 1,000,000, and 20% above that amount. Objectif affich\u00e9 : all\u00e9ger les bas revenus tout en pr\u00e9servant la borne maximale \u00e0 20 %.<\/p>\n
\nA Fair-Share Contribution of 15% applies to individuals whose annual net income exceeds 12 million rupees, in order to strengthen progressivity.<\/p>\n
\nLe seuil d\u2019assujettissement \u00e0 la TVA passe de 6 M Rs \u00e0 3 M Rs, avec effet au 1er octobre 2025. Companies exceeding this threshold must register with the MRA.
\nLes services num\u00e9riques fournis par des prestataires \u00e9trangers \u00e0 des clients mauriciens seront soumis \u00e0 15 % de TVA \u00e0 compter du 1er janvier 2026.<\/p>\n
\nIntroduction of a QDMTT (Qualified Domestic Minimum Top-up Tax) to implement the OECD minimum base, and introduction of an Alternative Minimum Tax in targeted sectors. Suppression du plafonnement de la Special Levy des banques. Ces mesures s\u2019ajoutent \u00e0 des ajustements d\u2019exon\u00e9rations partielles pour certains revenus.<\/p>\n
\nA tourist fee of EUR 3 per night is introduced for stays in designated establishments. Le d\u00e9ploiement de la facturation \u00e9lectronique se poursuit, avec un abaissement progressif des seuils de chiffre d\u2019affaires concern\u00e9s.<\/p>\n
\nAnnonc\u00e9 au Budget, puis confirm\u00e9 par la Finance Act 2025 avec une entr\u00e9e en vigueur d\u00e9cal\u00e9e, le taux des droits d\u2019enregistrement pay\u00e9s par un non-citoyen \u00e0 l\u2019achat d\u2019un bien r\u00e9sidentiel sous les sch\u00e9mas EDB (PDS, RES, IRS, Smart City, IHS) ainsi que les appartements G+2 passe de 5 % \u00e0 10 %. Similarly, the Land Transfer Tax payable by the seller on a sale to a non-citizen increases from 5% to 10%. Ces hausses s\u2019appliquent aux actes enregistr\u00e9s \u00e0 compter du 1er juillet 2026.
\nPoint technique important confirm\u00e9 par la loi : si un acte inclut des biens meubles non valoris\u00e9s s\u00e9par\u00e9ment, la LTT sera calcul\u00e9e sur la valeur agr\u00e9g\u00e9e immeuble + meubles.
\nFurthermore, the former Section 14A of the Registration Duty Act, which already imposed a 10% duty on amounts exceeding USD 500,000 in certain cases, has been repealed, with the new tax structure taking its place.<\/p>\n
\nUne proposition initiale \u00e9voqu\u00e9e pendant le cycle budg\u00e9taire visait une LTT pour non-citoyens calcul\u00e9e au plus \u00e9lev\u00e9 entre 10 % de la valeur et 30 % de la plus-value \u00e0 la revente. Cette piste n\u2019a pas \u00e9t\u00e9 retenue dans la Finance Act 2025.
\nCertain historical exemptions and incentives for Smart City and related schemes are being tightened or eliminated, with a view to standardizing the regime.<\/p>\n
\nThe MCCI estimates public spending at Rs 261.4 billion in 2025\/26 and a budget deficit reduced to 4.9% of GDP, compared with 9.8% the previous year, with a medium-term reduction trajectory.<\/p>\n
\nThe shift is being embraced by the authorities as a rebalancing between attractiveness and tax fairness, with a clear message of consolidation after years of incentives. The business community welcomes the clarification but is concerned about increased pressure on banks and international groups, while local editorials speak of a \u201cparadigm shift.\u201d Sur l\u2019immobilier, les prises de position oppos\u00e9es soulignent \u00e0 la fois la n\u00e9cessit\u00e9 de calmer la sp\u00e9culation et les risques sur la dynamique des ventes aux non-citoyens.<\/p>\n
\nShort term until June 30, 2026
\nArbitrage window for non-citizen buyers and sellers, encouraging them to finalize deals before duties are raised. Expect a spike in transactions in certain PDS and G+2 segments, followed by a return to normal. Developers could offer contributions toward legal fees or limited discounts to secure signatures. Cette lecture s\u2019appuie sur l\u2019entr\u00e9e en vigueur l\u00e9gale au 1er juillet 2026.
\nThe total cost of a non-citizen transaction automatically increases, reducing the proportion of purely opportunistic buyers. The mix of demand is expected to shift toward more end-user and long-term profiles, with a moderating effect on price inflation in the most strained areas. However, the fundamentals of attractiveness remain strong for well-located premium properties, supported by the residential ecosystem and legal stability. Cette analyse d\u00e9duit les effets des nouveaux taux combin\u00e9s RD\/LTT \u00e0 10 % chacun.<\/p>\n
\nThe rising cost of acquisitions could support demand for high-end rentals, particularly among expatriates who are in the process of settling in, while VAT on digital services and e-invoicing are making compliance more burdensome for operators in the short term.<\/p>\n
\nBudget Speech et Annexe 2025\u20132026, site du gouvernement et EDB<\/a>.
\nFinance Bill 2025 et Finance Act 2025, textes consolidant les mesures et pr\u00e9cisant l\u2019entr\u00e9e en vigueur<\/a>.
\nMRA Budget Highlights 2025 et pages TVA, pour proc\u00e9dures et seuils<\/a>.
\nAnalyses techniques MCCI, EY, KPMG et PwC, pour le d\u00e9cryptage op\u00e9rationnel<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"