News

Angola: Angola Social Security: New Regulations Incoming

www.activpayroll.com: 26/12/2018

Angola’s Legal Framework for Mandatory Social Security Protection and Social Security Contributions was passed by Presidential Decree No.227/18 - repealing the previous Decree No. 38/08 - broadening the basis for social security contributions. Under the new law, social security contributions will be levied on all cash benefits and allowances provided by employers to their employees as part of their gross remuneration. As a rule, this means that employees’ base salaries, and supplements, are subject to social security contribution as part of the new system.