Angola Personal Income Tax Code Amended

The Angolan Personal Income Tax (PIT) Code was amended by Law No. 28/19, of 25th September 2019. This Law eliminates the PIT exemptions applicable to (i) work-related income received by national active workers over 60 years of age, as well as to (ii) Christmas and vacation allowances up to 100% of the employee’s base salary.  This Law entered into force on 25th September (date of its publication).