The National Budget 2025-26 for Mauritius was presented on 5 June 2025 under the theme-“From Abyss to Prosperity: Rebuilding the bridge to the future”. A snapshot of some of the measures under the various tax types is provided below.   The tax bands is being reduced from eleven to three as follows: Up to Rs 500,000 of annual chargeable income, the tax rate will be zero; The next Rs 500,000 of annual chargeable income will be taxed at 10%; and Any remaining chargeable income i

On 5th June 2025, the Commonwealth Association of Tax Administrators (CATA) successfully launched the first in a series of webinars focused on E-Invoicing. The inaugural session, titled "Models of Implementation and Lessons Learned," was delivered by esteemed colleagues from the Inter-American Center of Tax Administrations (CIAT) and attracted a global audience of tax professionals. The webinar aimed to provide a comprehensive understanding of the various models for adopting

The Commissioner of Inland Revenue (CIR) delivered the opening address at the 'International Tax Disputes Day: The Asian and Global Landscape' conference on 22 May 2025. CIR highlighted Singapore's commitment to tax certainty as a foundation for sustainable growth. The address outlined Singapore's approach to preventing and resolving tax disputes through internationally agreed standards for Mutual Agreement Procedure and an extensive network of Avoidance of Double Tax Agreeme

The 8th Asia Initiative Meeting of the Global Forum on Tax Transparency and Exchange of Information for Tax Purposes was held in the Maldives from May 26 to 28, 2025, at the Villa Nautica Resort. This regional gathering brought together 70 representatives from 12 countries, 4 development partners, and 3 observers. Participants engaged in in-depth discussions on key topics, including implementation of the amended common reporting standard and the crypto-asset reporting framewo

New Zealand's Budget for 2025  was delivered on 22 May 202 5. The primary focus  was  on stimulating economic growth and addressing the cost of living.  Importantly, from an Inland Revenue perspective, we received a major increase  in funding to boost collection activities and invest more in tax compliance. The Commissioner of Inland Revenue, Peter Mersi, has welcomed the increased funding   which means the great majority of New Zealand taxpayers who meet their obligations ca