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Angola launches 14% VAT 1 Jul 2019

  • May 17, 2019 | Richard Asquith

Angola has confirmed that its implementation of a new Values Added Tax regime will go ahead on 1 July 2019. The indirect tax will replace the existing turnover tax of 10%, which is levied without the right to deduct by businesses.

Angola’s VAT will have a standard rate of 14%, with nil rating for basic foodstuffs and other essentials. Initially, the Angolan General Tax Administration will only subject large tax payers to the tax - about 400 businesses. There will be a simplified VAT for smaller tax payers for two years.

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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