The Angolan parliament approved the General State Budget for 2025 on 30 December 2024, which includes limited tax measures. Key points in relation to personal income tax are summarized as follows:
- The personal income tax exemption for employment income up to AOA 100,000 is maintained;
- The general 6.5% tax rate is maintained on income from sales of goods and services not subject to withholding tax by Group C taxpayers whose turnover in 2024 did not exceed AOA 10 million; and
- A 10% tax rate is…