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SOUTH AFRICA: EFFECTS OF THE AMENDMENT TO THE FOREIGN EARNINGS TAX EXEMPTION ON SOUTH AFRICAN EXPATRIATES
Effective from 1 March 2020, the foreign earnings tax exemption currently enjoyed by many South African expatriates will be limited to the first ZAR 1 million of such income. In response, some advisors have been...
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MAURITIUS: THE PORTABLE RETIREMENT GRATUITY FUND
The Portable Retirement Gratuity Fund (PRGF) is a fund which is established under the Mauritius Workers’ Rights Act 2019 for the purpose of providing for the payment of a gratuity on the death or retirement...
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WORKERS’ RIGHTS ACT 2019: MAURITIUS EMPLOYMENT LAW UPDATE
Proclaimed on 11 October 2019, the Mauritius Workers’ Rights Act 2019, with the exception of provisions of the Act pertaining to the introduction of a Portable Retirement Gratuity Fund, became effective as from 24 October...
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DTOS Roadshows in October 2019
DTOS visiting intermediaries and clients in UK A series of events held at venues across the UK and France was organised by DTOS in October this year. With the support of our European Desk in...
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MAURITIUS RANKED 13TH AS PER WORLD BANK DOING BUSINESS REPORT 2020
Mauritius moves up seven spots and is now ranked 13th among 190 economies in the ease of doing business, according to the latest World Bank annual ratings released on 23 October 2019. Mauritius performs significantly better than...
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EUROPEAN UNION: MAURITIUS FULLY COMPLIANT WITH TAX GOOD GOVERNANCE PRINCIPLES
On 10 October 2019, the Economic and Financial Affairs Council of the European Union declared Mauritius to be fully compliant with the tax good governance standards of the EU on tax transparency, fair taxation and...
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