Ver Angola


EY: implementation of VAT in Angola was “a real success”

EY Angola brought together clients and partners to discuss Value Added Tax (VAT), three years after its implementation in Angola. For the consultant, this has proved to be a “true success”, not only due to its ability to generate additional tax revenue for the public purse, but also due to a greater formalization of the economy.


On the 1st of October, three years of the implementation of VAT in Angola were celebrated. A process that the EY consultancy considered "one of the most challenging reforms carried out by civil society, economic agents and the state". Now, the consultant makes a positive assessment of this implementation, which she considers "a real success at all levels", says Amilcar Nunes, Partner EY, Indirect Tax Services.

VAT in Angola instituted the invoice and other equivalent documents as a guarantee of a
indirect taxation system based on maintaining a principle of neutrality of the tax burden until the final consumption stage.

This formalisation, among other aspects, has made it possible to reduce the so-called VAT GAP (or VAT GAP) between the tax revenue actually collected and its theoretically projected potential value.

"The work is not finished, quite the contrary, it has just begun. But Angola is keeping pace with the best international practices in terms of indirect taxation, and the picture of the last three years only hints at a proposal for a more prosperous future", defends Amilcar Nunes.

"Having achieved the fundamental objective of increasing tax revenue in terms of taxation on consumption and the diversification of the tax mix (reducing dependence on oil revenues), the time has come for VAT to also provide increased efficiency to the entire tax system", he added. the responsable.

Amilcar Nunes also points to the use, among others, of the mechanism provided for in article 49 of the VAT Code, in terms of recovering tax on doubtful and uncollectible credits by taxable persons, reducing treasury needs or the negative impacts of cash flow on companies.

Or, yet, the efficient operationalization of the simplified cadastre registration or the appointment of a tax representative by non-resident entities, encouraging investment and the pursuit of various economic activities.

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