It has been brought to our attention that the Minister of Finance amended the Income Tax (Amendment) Act with effect from 1 July 2013.
Tax Year
The financial tax year in Mozambique is January to December.
Tax Tables
Residents are taxed on a non annualised monthly table using Personal Income Tax table (IRPS) – Imposto sobre o Rendimento das Pessoas Singulares. IRPS due by persons that reside in Mozambican territory is payable on all their income, including income earned outside Mozambique. In relation to non-residents, IRPS is only due on income obtained in Mozambican territory.