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This shows you the differences between two versions of the page.
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spay:hrmsprocguide:yearlyproc_employeeedfnewtaxrates20262027 [2026/07/10 07:03] mclement |
spay:hrmsprocguide:yearlyproc_employeeedfnewtaxrates20262027 [2026/07/13 09:51] (current) mclement |
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| - | ===========New Tax Rates for PAYE (Fiscal Year 2026 - 2027)=========== | + | ===========New Tax Rates for PAYE (Fiscal Year 2026 - 2027)============ |
| {{:spay:hrmsprocguide:annual_income_and_tax_rates.png|}} | {{:spay:hrmsprocguide:annual_income_and_tax_rates.png|}} | ||
| - | ===========Illustrations of PAYE Calculation Breakdown based on the New Tax Rates=========== | + | ===========Ilustrations of PAYE Calculation Breakdown based on the New Tax Rates=========== |
| * **EDF not submitted – Citizen of Mauritius - Chargeable income is less than Income Exemption threshold – No Tax in July 2026** | * **EDF not submitted – Citizen of Mauritius - Chargeable income is less than Income Exemption threshold – No Tax in July 2026** | ||
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| * **No EDF submitted - Citizen of Mauritius - Tax Flat Rate 15% in July 2026** | * **No EDF submitted - Citizen of Mauritius - Tax Flat Rate 15% in July 2026** | ||
| - | {{:spay:hrmsprocguide:no_edf_submitted_citizen_of_mauritius_-_tax_flat_rate_15_in_july_2026.png|}} | + | {{:spay:hrmsprocguide:no_edf_submitted_citizen_of_mauritius_-_tax_flat_rate_15_in_july_2026_v2.png|}} |
| - | * **EDF submitted – Not citizen of Mauritius - No End of year bonus payment (therefore, EDF divider 12 instead of 13) - Progressive Tax Scale 20%** | + | * **EDF submitted – Not citizen of Mauritius - No End of year bonus payment (therefore, EDF divider 12 instead of 13) - Progressive Tax Scale 20% July 2026** |
| - | {{:spay:hrmsprocguide:edf_submitted_not_citizen_of_mauritius_-_no_end_of_year_bonus_payment_therefore_edf_divider_12_instead_of_13_-_progressive_tax_scale_20_.png|}} | + | {{:spay:hrmsprocguide:new_edf_submitted_not_citizen_of_mauritius_-_no_end_of_year_bonus_payment_therefore_edf_divider_12_instead_of_13_-_progressive_tax_scale_20_.png|}} |
| * **EDF Submitted – Not citizen of Mauritius - Tax benefit (Without Housing Benefit) - Tax on Tax - Progressive Tax Scale 35% in July 2026** | * **EDF Submitted – Not citizen of Mauritius - Tax benefit (Without Housing Benefit) - Tax on Tax - Progressive Tax Scale 35% in July 2026** | ||
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| + | {{:spay:hrmsprocguide:edf_submitted_not_citizen_of_mauritius_-_tax_benefit_without_housing_benefit_-_tax_on_tax_-_progressive_tax_scale_35_in_july_2026.png|}} | ||
| * **EDF Submitted – Citizen of Mauritius - Tax benefit - Housing Benefit 10% - Tax on Tax - Progressive Tax Scale 20% in July 2026** | * **EDF Submitted – Citizen of Mauritius - Tax benefit - Housing Benefit 10% - Tax on Tax - Progressive Tax Scale 20% in July 2026** | ||
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| + | {{:spay:hrmsprocguide:edf_submitted_citizen_of_mauritius_-_tax_benefit_-_housing_benefit_10_-_tax_on_tax_-_progressive_tax_scale_20_in_july_2026.png|}} | ||