Tue, 14 Aug 2018 15:21 - Updated Tue, 14 Aug 2018 15:21
Entrepreneurs concerned about implementation of VAT
Sumbe - Coastal Cuanza Sul province’s based entrepreneurs have voiced concern about demands involved in the implementation of the Value Added Tax (VAT) in Angola by 2019.
Send by email
To share this news by email, fill out the information below and click Send
Correct
To report errors in the texts of articles published, fill out the information below and click Send
Speaking to Angop on the VAT, the businessman Edgar Setas said the move will help increase state tax revenues, combat tax fraud and evasion, as well as provide greater tax justice.
But the businessman argued that the implementation of the VAT will demand companies’ organised and computerised accounts.
Another businessman, Romeu Frederico, said that most entrepreneurs don't have their accounts organised or computerised.
He adding that the Ministry of Finance should take caution toward implementing this programme.
While, António Rebelo defended the need to intensify awareness on the implementation of the VAT in the country.
Read also
-
13/08/2018 19:12:26 VAT to promote greater tax justice
Luanda - The implementation of the Value Added Tax (VAT) in Angola aims to increase state tax revenues, combat tax fraud and evasion, as well as provide greater tax justice, said today in Luanda the dean of the Faculty of Economics of the Agostinho Neto University (UAN), Redento Maia.
-
13/08/2018 12:23:34 Angolan government regulates rules of Public Debts issuance
Luanda- The Angolan government has regulated the issuance and management of the direct and indirect public debt through the establishment of negotiations and signing rules on public contracts.
- 10/08/2018 17:19:04
Producer wants customs duty hike on imported roasted coffee
Luanda - Import and consumer tariff on all types of roasted and ground coffee entering the country should be based on Customs Tariff 2017, said Thursday the businessman Jose Ventura.
