Information about Angola Minimum wage and taxes.
The minimum wage in Angola is paid in Angolanskaya Kwanza (AOA). As of 2021, the minimum wage in Angola is set at 34,532.06 AOA per month. The tax system in Angola consists of personal income tax, corporate tax, value added tax and other taxes. Personal income tax rates vary depending on the amount of income. The tax rate is 0% for individuals with monthly gross income below AOA 20,000. 15% tax is applied for income between 20,001 AOA - 50,000 AOA, 20% for income between 50,001 AOA - 100,000 AOA, 30% for income between 100,001 AOA - 200,000 AOA, and 35% for incomes of 200,001 AOA and above. The corporate tax rate is generally 30%. However, different rates may apply in some sectors. The value added tax (VAT) rate is generally 14%. However, different rates may apply for some goods and services. Other taxes include various taxes such as property tax, land use tax, vehicle tax. Although this information provides a general overview, please note that there may be changes in tax and minimum wage policies. It is important to access up-to-date information from official sources.
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