Since the 2025 Budget, an individual can NO LONGER claim a deduction against his or her income each tax year (1).
A company can claim a deduction of 3 Mauritian Rupees for every 1 Mauritian Rupee donated to a Hope House Mauritius project, limited to a one million Rupee deduction in a tax year i.e. a company can benefit from deducting Rs1,000,000 from it’s income by donating Rs 333,333 to a Hope House Mauritian project (2).
In addition, every company, must set up a Corporate Social Responsibility (CSR) Fund equivalent to 2% of its tax income of the preceding year. At least 75% of this CSR Fund must be remitted to the Mauritius Revenue Authority (MRA), which then remits them to the National Social Inclusion Foundation (NSIF). (The NSIF is the central body for receiving and allocating public funds to NGOs, particularly those focused on social inclusion and poverty reduction.)
However, a company may choose to donate up to 50% of it’s CSR Fund to a charitable organisation which addresses one or more of the MRA’s priority areas of intervention. Hope House’s Mauritius programs qualify for addressing one or more such priority areas (3).
(1) section 27DA of the Mauritian Income Tax Act. (Changed as on Budget 2025)
(2) section 66 of the Mauritian Income Tax Act
(3) section 50L of the Mauritian Income Tax Act
See how a donation to Hope House's programs would impact your company:
Corporate income tax rate: 15%
If the Company’s Annual Nett Income in the previous year was also Rs , the company would have a CSR Fund of Rs (2% of taxable nett income).
The company can donate Rs to Hope House's Mauritius programs, and only has to pay the remaining Rs to the Mauritius Revenue Authority (MRA) for the National Social Inclusion Foundation (NSIF).
Bank: Mauritius Commercial Bank (MCB)
Bank Address: 9-15, Sir William Newton Street, Port Louis, Mauritius
Bank Account Name: Hope House
Account Number: 000443209553
IBAN Number: MU47MCBL0944000443209553000MUR
Swift code: MCBLMUMU