Emoluments (Employer)

"Emoluments" means any advantage in money or in money’s worth and include:

1. salary, wages, leave pay, fee, overtime pay, perquisite, allowance, bonus, gratuity, commission or other reward or remuneration in respect of or in relation to the office or employment of an individual AND any fringe benefits;
2. superannuation, compensation for loss of office, pension (including any pension in respect of which a deduction is allowed under section 23 or 62, as the case may be), retiring allowance, annuity or other reward in respect of or in relation to past employment or loss or reduction of future income of that individual, whether receivable by that individual or by any person who is or has been the spouse or dependent of that individual.

Emoluments also include :

1. a remuneration to the holder of any office and fees payable to the director of a company,
2. an allowance under the National Assembly Allowances Act or a pension under the National Assembly (Retiring Allowances) Act,
3. a remuneration payable to a Mayor, Chairman of a District Council or Chairman of a Village Council under the Local Government Act 1989,
4. an allowance under the Rodrigues Regional Assembly (Allowances & Privileges) Act, and
5. an allowance payable to an apprentice. 

Are all emoluments subject to tax?

All emoluments are subject to tax, except those specified in the second schedule of the Income tax Act.