05/19/2020

Mauritius: key taxation implications of the COVID-19 Act

Government has introduced a new COVID-19 Levy applicable for the years of assessment commencing on 1 July 2020, 1 July 2021 or 1 July 2022 for employers (individuals, sociétés and companies) who have benefited from the Government Wage Assist

05/08/2020

Tax penalties waiver plan good for business

Under the voluntary tax disclosure plan, which shall run for three years with effect from January 1, 2021, the Treasury says those who declare pending liability and pay within one year shall enjoy 100 percent interest and penalty waiver.

03/24/2020

EDITORIAL: Tackling the big tax-dodgers

Large amounts are being diverted offshore through base erosion and profit shifting, which involves diverting earnings made in SA, particularly by multinational companies, to lower-tax jurisdictions.

03/17/2020

Seychelles to reform tax rates after OECD report

Currently, business tax rates on profits vary between 15% for the tourism, agriculture and fisheries sector; 25%-30% for small- to medium-sized businesses; and 33% for the largest businesses.

02/17/2020

Expat tax to hit South Africans in weeks

It is estimated that there are more than 100 000 South Africans in Dubai alone, many thousands of whom will be earning in excess of R1 million a year.