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Jan 12, 2024 1 min read

Angola – Changes in tax rates for 2024

Changes in tax rates for employees

Effective from 1 January 2024, personal income tax rates are amended for Group A segment incomes. The income earned by employees comes under Group A. The revised personal income tax rates are as follows:

Monthly Income from (AOA) Monthly Income
to (AOA)
Threshold PAYE
(AOA)
Tax Rate
(%)
0 100,000 0.00 0
100,001 150,000 0.00 13
150,001 200,000 12,500 16
200,001 300,000 31,250 18
300,001 500,000 49,250 19
500,001 1,000,000 87,250 20
1,000,001 1,500,000 187,249 21
1,500,001 2,000,000 292,249 22
2,000,001 2,500,000 402,249 23
2,500,001 5,000,000 517,249 24
5,000,001 10,000,000 1,117,249 24.5
10,000,001 Above 10,000,000 2,342,248 25

Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change

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Angola – Changes in tax rates 2024
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