24/08/2026
In the latest issue of Business Magazine, Zaynab Hisaund, Associate Director - Tax, shares her insights on one of the new reporting requirements introduced under the Finance Act 2026.
The measure requires the Central Electricity Board and the Central Water Authority to provide the Mauritius Revenue Authority with information on customers whose annual utility billing exceeds Rs 100,000, bringing greater attention to the relationship between declared income and apparent lifestyle.
Zaynab discusses the implications of this approach, including its practical application, legal considerations and the importance of maintaining a fair balance between combating evasion and protecting taxpayers' rights.
๐ Read the full article below.