 IRPS (Personal Income Tax)
The Personal Income Tax (IRPS) is a direct tax on total annual income. The following table shows tax liability:
| Colective Annual Income in Meticais (A) |
Taxes (B) |
Portion to be taken (C) |
| Up to 28.000 MT |
10% |
n/a |
| From 28.000 to 112.000 |
15% |
1.400 |
| From 112.000 to 336.000 |
20% |
7.000 |
| From 336.000 to 1.008.000 |
25% |
23.800 |
| Above 1.008.000 |
32% |
94.360 |
IRPC (Corporate Income Tax) => 32%
Corporate Income Tax (IRPC) is a direct tax on income obtained during the taxation period by liable persons in the terms of the present Code.
Social Security => 7% (total); 3% deducted from employee salary; 4% paid by the company
Employers must pay a social security tax assessed at 7% of the employee’s wages.
Of this, 3% is deductible from the employee’s wages while the remaining 4% is a cost to the employer.
For more information please visit the CPI website. (www.cpi.co.mz) |
