WebRevised Laws of Mauritius E10 – 1 [Issue 1] END OF THE YEAR GRATUITY ACT Act … WebCertain individual employers, like an individual with household employees, may elect to submit an annual return instead of a monthly return. In such a case, the CSG is payable at the end of the month following the financial year. The penalty for CSG in the event of an assessment is limited to a maximum of 25% of the additional amount of the CSG.
END OF THE YEAR GRATUITY ACT - Mauritius
WebRevised Laws of Mauritius E10 – 1 [Issue 1] END OF THE YEAR GRATUITY ACT Act 21 of 2001 – 2 August 2001 ARRANGEMENT OF SECTIONS SECTION 1. Short title 2. Interpretation ... Where an employee is eligible for, but does not qualify for, an end of the year bonus, by whatever name called, under any other enactment or agreement, he … WebFeb 15, 2024 · In the light of the communiqué issued by the Mauritius Revenue Authority (MRA) dated the 30 December 2024, employers were reminded that their obligation to contribute to the PRGF kicks in as from the month of January 2024. ... Non-performance related allowance such as end of year statutory bonus and travelling allowance are not … chrome white theme
Mauritian Finance Minister issues new regulations on social ... - EY
Webpay CSG at the rate of 3 per cent of that remuneration; (f) a participant is a self-employed, he shall pay CSG at an amount of 150 rupees per month; and (g) a person is both an employee and a self-employed, CSG shall be payable in accordance with subparagraphs (a) or (b) as applicable and (f). Web3. As from Sep 2024, CSG amount is calculated on both Wage Bill and End of Year Bonus. In this case, Wage Bill amount can be zero when End of Year Bonus amount is greater than zero. 4. Kindly verify if all of below details are correct. If not, please contact us to update our data accordingly. WebThe calculation of the end-of-year bonus (13th month) is calculated in December. It includes basic salaries, overtime over the calendar year, but also productivity bonuses. Payroll Mauritius already has an automatic calculation for this EOYB (End Of Year Bonus) calculation, which includes all premiums paid. chrome widespread bathroom faucet