Ver Angola

Economy

Taxpayers with sales of less than 10 million kwanzas excluded from VAT

Taxpayers who, last year, achieved a sales volume or import operations of less than 10 million kwanzas will be included in the Value Added Tax (VAT) Exclusion Regime.

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In a statement, made available on its website, the General Tax Administration (AGT) informs that the taxpayers in question must update their registration.

In addition to taxpayers with sales of less than 10 million kwanzas, those with sales of more than 10 million kwanzas and more than 350 million kwanzas must also update their registration to qualify for the Simplified VAT Regime and the General VAT Regime, respectively.

The AGT explains that the taxpayers involved in this process, in order to update their registration, must access the taxpayer's portal, select the 'registration' menu and choose the 'change registration' option, and must fill in the declaration of the regime they wish to join.

If access to the portal is experiencing some difficulties, taxpayers can make the update at the Tax Office of domicile, indicates the AGT.

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