Angola Salary and Tax Calculators for 2019/20

Calculate your take home pay in Angola (that's your salary after tax), with the Angola Salary Calculator. A quick and efficient way to compare salaries in Angola, review income tax deductions for income in Angola and estimate your tax returns for your Salary in Angola. The Angola Tax Calculator is a diverse tool and we may refer to it as the Angola wage calculator, salary calculator or Angola salary after tax calculator, it is however the same calculator, there are simply so many features and uses of the tool (Angola income tax calculator, there is another!) that we refer to the calculator functionally rather than by a specific name, we mention this here to avoid any confusion.

Angola Tax Calculator 2019/20
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Advanced Angola Salary Calculator 2019/20
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Angola Wage Calculator. This image shows the Angola flag and information relating to the tax formula for the Angola Tax Calculator

How to calculate your salary after tax in Angola

Follow these simple steps to calculate your salary after tax in Angola using the Angola Salary Calculator 2019 which is updated with the 2019/20 tax tables.

  1. Enter Your Salary and the Angola Salary Calculator will automatically produce a salary after tax illustration for you, simple.
  2. Optional: Select Advanced and enter your age to alter age related tax allowances and deductions for your earning in Angola
  3. Optional: Change the number of days you work per week, per year and the number of hours you work per week to allow various rates and allowances to be split for viewing in line ith your employment contract in Angola

That's it! Just a few simple steps to calculate your salary after tax in Angola with detailed income tax calculations. Need more from the Angola Tax Calculator? More detailed salary calculator or a wage calculator? Simply select 'advanced' to access more features of the tax calculator. If there are specific income related allowances or deductions in Angola that are not featured on the Angola tax calculator that you would like us to add, simply contact us and explain your requirement. New features for the Angola are added on request at no cost to you. We build tax calculators to support our community in Angola, whether resident or expats in Angola and expand the tool to suit our communities needs as required.

Angola Income Tax Calculators

Taxation in Angola

Angola is the seventh largest country in Africa. Owing to its size and population, it has a pretty well defined tax system governing the residents of the country. For taxation purposes, Angola has a definition for the individuals who qualify to be an Angolan resident. In Angola, the sole criterion for personal income tax to be levied is the source of income.

Visitors should keep in mind that for an employee of a foreign organization, rendering service in Angola for a period exceeding 90 days, a permanent establishment will be created in Angola. As a result of this, the foreign corporation will be subject to every kind of Angolan taxation. The main concerns for a foreign company that needs to satisfy various tax laws in the country are:

  1. Individual Income Tax for the employees
  2. Consumption Tax
  3. Social Security Costs
  4. Withholding Tax
  5. Business Tax and Permanent Establishment Concerns

Let's learn more about taxation and rates, compensation applicable to various entities in Angola.

Income Tax

The tax year-end in Angola is 31 December. Employees are not required to submit any kind of tax return. An entity which pays income in the form of salary, fee or wage, has to deal with the tax administration.

The paying entity (the employer) should withhold the tax and later remit it to the tax administration. The personal income tax must be paid by the end of the month following the month when the personal income was paid.

Income Tax Rates: Employees are taxed using personal income tax slabs(PIT) at rates and thresholds decided by the government, with respect to their total remuneration. Taxable income is calculated by deducting the following from gross earnings: compulsory contributions to Social Security and remuneration components not subject to or exempt from PIT.

This rule is valid even for the top executives of an organization like the directors or the board members. This rule also holds for persons classified under the taxation Group B.

Tax rates applicable to self-employed professionals: Any organization which makes payments to an independent professional, including the members of the board or other statutory bod

ies or the directors should withhold the personal income tax at a flat rate of 15%. The taxable income amounts to 70% of the earnings when companies or individuals with organized accounting pay them. For other cases, income is calculated based on accounting, on the accounting records of the taxpayer, sales and services rendered, records available for the purchases or on the information available from the Tax Administration.

Types of taxable compensation

As a basic rule, every kind of benefit and compensation received by individuals for services rendered, come under the purview of taxable income and are charged under the same tax slabs for personal income tax. Compensations and the benefits include, but are not limited to, the following though:

  1. Wages and salaries
  2. Cost-of-living allowances
  3. Benefits-in-kind
  4. Housing allowances

Property Tax

Property Owners are entitled to pay property tax on the rents received by them at the rate of 25%. Other than this, there is also a property transfer tax, known as Real Estate Tax, which is applied on the exchange, sale and disposal of any kind of immovable tangible property.

Value-Added Tax

From October 1, 2019, Angola has incorporated VAT in its tax structure. It has also revoked the Consumption Tax. Till 2020 end, VAT will be a transitional regime with the following implications:

  1. Companies which are registered in the Large Taxpayer's Tax Office will be subjected to VAT deductions only.
  2. Companies not included in the Large Taxpayer's Tax Office but having a turnover or imports of goods higher than an amount of circa 250 thousand USD will come under a simple tax deduction.
  3. The remaining companies will not be considered taxpayers for VAT related deductions.

As per the Angolan VAT system, there will be 14% VAT deductions along with a broad tax base.

Other corporate taxes

Corporate entities are required to pay certain other taxes like custom duties, which are levied on imports at ad valorem rates, ranging from 2-70%. Excise duties have also been incorporated by the Angolan government from 1st October 2019 on all production, sales and imports. It covers products like tobacco and its derivatives, sugar and alcoholic beverages, plastic bags and straws, etc. Stamp Tax is also implemented on financing operations, insurance and reinsurance transactions, leasing and report.