New VAT in AngolaLuís Filipe is a Senior Manager of the Indirect Taxation (VAT, Excise and Customs)...
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New VAT in Angola www.pwc.com/ao/academy VAT specificities in law and Angolan trade Objective Provide participants with generic knowledge on the overall mechanism of tax operation and the practical challenges of its implementation. The presentation of the contents will be complemented with practical examples. Audience All employees involved in day-to-day business management, particularly in the tax, accounting and billing departments. PwC’s Academy in Angola From professionals to professionals Luanda, 19th and 20th September 2019 Read the QR Code to learn more about PwC's Academy Angola.
Transcript of New VAT in AngolaLuís Filipe is a Senior Manager of the Indirect Taxation (VAT, Excise and Customs)...
New VATin Angola
www.pwc.com/ao/academy
VAT specificitiesin law and Angolan tradeObjectiveProvide participants with generic knowledgeon the overall mechanism of tax operationand the practical challenges of its implementation.
The presentation of the contentswill be complemented with practical examples.
AudienceAll employees involved in day-to-day business management, particularly in the tax, accounting and billing departments.
PwC’s Academy in AngolaFrom professionals to professionals
Luanda, 19th and 20th September2019
Read the QR Code to learn more about PwC's Academy Angola.
11 Compliance obligationsVAT returns
Penalties
7 Taxable amount - how much?Taxable amount
Antiabuse clauseExchange rate
6 Chargeable event and VAT chargeability - when?Tax point
5 Places of supply - where? Supplies of goods
Supplies of services
Luís Filipe is a Senior Manager of the Indirect Taxation(VAT, Excise and Customs) practice of PwC Portugal.His professional experience has been focused on implementation of tax advantaged procedures in the industries of Financial Services, Consumer Business and VAT recovery on bad debts. His experience also includes the providing of consultancy services assistance with on-going issues, during tax inspections and reimbursement claims.Luís Filipe graduated in Law by the University of Lisbon Schoolof Law and holds a Postgraduate diploma in Taxation by the Catholic University of Portugal.
Manager of the Indirect Taxation (VAT, Excise and Customs) practice of PwC (Portugal, Angola and Cape Verde).Her professional experience has been focused on implementation of tax-advantaged procedures in Pharmaceutical, Consumer Business and Public Sector.Her experience also includes the providing of consultancy services assistance with on-going issues, reviewing tax procedures, assisting with tax inspections and reimbursement claims and VAT recovery on bad debts.She is responsible for providing tax consulting services, assisting clients with their day-to-day matters (including complianceand reporting), and also for the assistance provided during tax inspections and reimbursement claims.Catarina is graduated in Law by the University of Lisbon Schoolof Law, with a Masters in Fiscal Law by the same University.Also holds two Post-Graduations by Instituto de DireitoEconómico Financeiro e Fiscal (“IDEFF”)in Fiscal Law and Administrative and Tax Litigation.
Program
© PwC Angola 2019. All rights reserved. In this document “PwC” refers to PricewaterhouseCoopers (Angola) which is a member firm of PricewaterhouseCoopers International Limited, each member firmof which is a separate legal entity.
http://www.pwc.com/ao/academy
1 VAT – Fundamental principlesDuration: 12 hours
Timetable: Day 1 – 13h30 - 17h30Day 2 – 08h30 -17h30
Amount*: 550,000 AOAIncludes: Welcome Coffee, Coffee-break, Lunchand PwC’s Training CertificationSign up at: www.pwc.com/ao/academyor send an email to: [email protected] reserves the right of admission
Trainers Team
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Catarina Mendonça MedeirosManager
*Our fees are fixed in USD and billed in Kwanzas (AOA). The exchange rate prevailingon the day of the invoice, from USD to AOA, will be based on the average rateof Banco Nacional de Angola added 2%.We reserve the right to carry out an exchange rate correction by issuing an additional invoice with the difference between the amount in AOA at the date of the actual payment of the invoice and the amount at the date of issuanceof the invoice in case of the depreciation of the AOA against USD due to the exchange rate used at the time of issue.
Luís Filipe MacielSenior Manager
2 Implementation and transitional period
3 Scope – what?Supplies of goods and services
ImportsDeemed supplies
4 Taxable person - who?Taxable person
ObligationsThe specific case of the capitvation regime
8 The right to deductGeneral rules
ExceptionsThe particular case of the petroleum investment companies
9 VAT refundsVAT credit
10 AdjustmentsReduction/cancellation of the taxable amount of the operation
Errors in invoices/equivalent documentsErrors in records or statements
Bad and irrecoverable debts
12 New legal invoicing regimeInvoice requirements
Invoice processingSAF-T (AO) and certification
Penalties
ContactsInformationsPwC’s Academy LuandaTel: +244 227 286 [email protected]
LuandaPricewaterhouseCoopers|Edifício Presidente,Largo 17 de Setembro, nº 3, 1º andar – Sala 137Luanda - República de Angola
