Angola Tax year end checklist

STEP

ACTION

Latest Release:

• Make sure you are on the latest release.
• Make sure you have imported the Generic Tax file.

Tax Year End Folder:

• Create a Tax Year End 202x folder to save all applicable backups, reports and files to for reference and record purposes.

Backup:

• Backup Tax Year End data for 202x before any changes are made:
  • Make a database backup (record the release number, data and file type, e.g. Dec202x_Before20_x_x_x.bak)

Company Basic Information:

Ensure the following information is correct:

• Company Basic Information
• Registered/Trading Name of the company (company name that must print on the Tax Certificates)
• Physical address of the company
• Postal address of the company
• Company Tax Identification Number.

Earning Definitions:

• Verify Definition Type
• Verify Tax Type
• Verify Taxability Calculation Type
• Verify Tax Percentage

Deduction Definitions:

• Verify Definition Type
• Verify Tax Type
• Verify Taxability Calculation Type
• Verify Tax Percentage

Company Contribution Definitions:

• Verify Definition Type
• Verify Tax Type
• Verify Taxability Calculation Type
• Verify Tax Percentage

Fringe Benefit Definitions:

• Verify Definition Type
• Verify Tax Type
• Verify Taxability Calculation Type
• Verify Tax Percentage

Provision Definitions:

• Verify Definition Type
• Verify Tax Type
• Verify Taxability Calculation Type
• Verify Tax Percentage

Employee Information:

Personal Details:

• Surname (no punctuation allowed)
• First two names (no punctuation allowed)
• Initials (no punctuation/spaces allowed)
• Identity Number/Passport Number and Passport Country
• Date of birth
• Job Title
• Tax Start Date & Tax End Date
• Tax Status

Address Details:

• Residential Address
• Postal Address
• Work Address

Payslip Line Basic Report for PAYE, Additional Tax and Pension Fund lines:

• Print the Payslip Line Basic Report for PAYE, Additional Tax and Pension Fund – there should not be any negative YTD+ amounts on these lines

Annual IRT Report

• Print the Annual IRT Report
• Expand     Reports,
• Expand     Country Specific Reports,
• Select        ANGIRTAC-Annual IRT Report

Reconciliation:

• Reconcile the tax paid over to the Commissioner

• Use the 12 Month report and Monthly IRT Report

Determine Differences

• Search for differences if tax does not balance – print detailed 12 Month report and compare with payslips for the individual months.

• Do YTD+ adjustments on Sage 300 People if needed; client must pay difference to the Commissioner in case of short payment; client must provide Commissioner with reason in case of overpayment.

Reprint ANGIRTAC-Annual IRT Report

• Re-print the ANGIRTAC report in order to submit to the commissioner.