On 7 June 2022, the Mauritius Minister of Finance, Economic Planning, and Development, Renganaden Padayachy, delivered the Budget Speech 2022-2023. Some of the main tax-related measures of the Budget are summarized as follows:

• The annual individual income tax brackets/rates will be amended as follows, including a new rate of 12.5%:
  • up to MUR 700,000 - 10%
  • over MUR 700,000 up to MUR 975,000 - 1…