Angola

Individual - Taxes on personal income

Last reviewed - 14 January 2020

The PIT Code foresees, with the respective specificities, the segmentation of income into Groups, namely:

  • Group A:  Generally applicable to the income earned by employees.
  • Group B:  Income earned by self-employed workers.
  • Group C:  Income earned by individuals carrying out an industrial or commercial activity listed in the minimum profits table in force, attached to the PIT Code.

Personal income tax rates

Self-employed workers (Group B) are taxed at a flat rate of 15%. This 15% tax rate is applicable to 70% of the gross income (resulting in an effective rate of 10.5%).

Individuals carrying out an industrial or commercial activity (Group C) are taxed at a flat rate of 30% or 6.5%, as explained below:

Taxable income Rate (%)
Amount of profits established in the minimum profits table and individuals with organised accounting. 30

Amount of sales of goods and services (not subject to withholding) when the taxpayer has turnover in excess of four times of the maximum value established in the minimum profits table.

The income received from the provision of services subject to withholding under the Corporate Income Tax (CIT) Code to corporate persons or individuals with organised accounting is subject to 6.5% PIT withholding tax (WHT) (this WHT is regarded as a final tax).
6.5

For Group A, there are progressive income tax rates up to 17%, as follows:

Income (AOA) Payable tax (AOA)
Up to 34,450 Exempt
Between 34,451 and 35,000 The excess of 34,450
Between 35,001 and 40,000 550 + 7% upon the excess of 35,000
Between 40,001 and 45,000 900 + 8% upon the excess of 40,000
Between 45,001 and 50,000 1,300 + 9% upon the excess of 45,000
Between 50,001 and 70,000 1,750 + 10% upon the excess of 50,000
Between 70,001 and 90,000 3,750 + 11% upon the excess of 70,000
Between 90,001 and 110,000 5,950 + 12% upon the excess of 90,000
Between 110,001 and 140,000 8,350 + 13% upon the excess of 110,000
Between 140,001 and 170,000 12,250 + 14% upon the excess of 140,000
Between 170,001 and 200,000 16,450 + 15% upon the excess of 170,000
Between 200,001 and 230,000 20,950 + 16% upon the excess of 200,000
More than 230,001 25,750 + 17% upon the excess of 230,000

Investment Income Tax (IIT)

Individuals are also liable to IIT on interest, dividends, royalties, and other income of a similar nature. See the Taxes on corporate income section in the Corporate tax summary for more information.