Official Notice on the Filing of the CPS Statement of Income for the Year Ending 31 December 2012
Introduction and Context
The Mauritius Revenue Authority (MRA) has issued an official communique concerning the filing obligations related to the Current Payment System (CPS) Statement of Income for the income year ending 31 December 2012. This notice is part of the MRA’s ongoing efforts to streamline tax compliance and ensure taxpayers are aware of their responsibilities in relation to the submission of income declarations and associated payments.
The CPS Statement is a key component of the tax reporting framework, particularly for individuals and entities engaged in business, professional activities, or rental operations. It serves to facilitate the collection of advance tax payments based on estimated income, thereby promoting timely tax compliance and reducing the likelihood of tax arrears at year-end.
Who Is Affected by This Notice?
This notice primarily targets taxpayers who were engaged in business, professional work, or rental activities during the preceding income year. Specifically, those who are required to file a CPS Statement of Income for the first quarter ending 31 March 2012 must adhere to the submission deadline of 2 July 2012.
Taxpayers are advised that certain categories are exempted from the obligation to file a CPS Statement, provided they meet specific income or tax payable thresholds, as detailed below.
Key Points of the CPS Filing Obligation
Deadline for Submission and Payment
- The CPS Statement for the first quarter ended 31 March 2012 must be submitted, along with any tax payable, by 2 July 2012 at the latest.
- Tax payments should be made concurrently with the submission of the statement, ensuring compliance with the prescribed deadline.
Exemptions from Filing
From the income year 2012 onwards, an individual is not required to submit a CPS Statement if one of the following conditions is met:
- The gross income derived from business, profession, or rent in respect of the previous year did not exceed 2 million rupees.
- The tax payable based on 25% of the chargeable income from the previous year does not exceed 500 rupees.
These exemptions aim to reduce administrative burdens on smaller taxpayers and encourage compliance among those with limited income levels.
Access to the CPS Form and Filing Process
Taxpayers who are obligated to file the CPS Statement have been provided with login credentials via postal mail. This login allows access to a pre-filled form on the MRA’s official website, http://www.mra.mu. The pre-filled form is designed to simplify the process, enabling taxpayers to review and update their information as necessary before submission.
The use of the online portal aligns with the MRA’s digital initiative to promote e-filing and reduce paper-based submissions, thereby enhancing efficiency and accuracy in tax administration.
Further Assistance and Contact Information
Taxpayers requiring additional information or clarification regarding the CPS filing process are encouraged to contact the MRA hotline at 207 6010. Alternatively, visits can be made to the MRA Customer Service Centre located at Ehram Court, at the corner of Sir Virgil Naz and Gonin Streets in Port Louis. Staff members are available to assist with queries related to the filing procedures, login issues, or general tax obligations.
For correspondence, inquiries can also be directed via email to headoffice@mra.mu.
This notice underscores the importance of timely compliance with tax obligations and highlights the resources available to facilitate a smooth filing process for all affected taxpayers.
