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Home Africa

Angola’s Finance Ministry with greater control over State revenue

FurtherAfrica by FurtherAfrica
June 26, 2017
in Africa, Angola, Banking, Currency, Economy, Finance, Government, Legislation, Tax
Reading Time: 2 mins read
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Angola achieved great economic growth with high oil prices
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Since last February revenues that enter the Single Treasury Account (CUT) receive a tighter control, resulting from the implementation of up-to-date computer technology installed by the Ministry of Finance in its various services.

This increased control is due to the implementation of ASYCUDA, an automated customs data processing system and the Integrated Tax Management System (SIGT).

These two instruments allow taxpayers to pay their taxes online.

Speaking to ANGOP, the deputy director of the Information and Communication Technologies of Public Finance (SETIC-PF), Heitor Miguel, assured that SIGT has undergone some updating, taking into account current legislation and challenges.

He clarified that the system is being implemented by the General Tax Administration (AGT) in an experimental module, in Luanda, since last February, through its portal, whose address is  www.portaldocontribuinte@minfin.gv.ao.

This system, unlike the previous one, is already allowing taxpayers to pay their tax obligations online.

The extension of these services to other provinces will begin in the coming months, according to Heitor Miguel.

Resulting from this Tax Management Integration System, the Ministry of Finance is also implementing the “State Payment Getaway”, that is, the State Electronic Payment System.

However this is another tool that will allow taxpayers to honour their tax obligations, making payment through any platform available, namely ATMs, banks and internet banking.

The Finance Information and Communication Technology Service is a body that functions under the umbrella of the Finance Ministry and is aimed to establish norms and standards for technological infrastructures for development, contracting, homologation and management of public finance information systems.

Since last 2015, this body also has the mission of ensuring the reliability, integrity and confidentiality of data, aimed at the promoting of an integrated vision of information.

Source: Angop

Related

Tags: AGTAngola Ministry of FinanceASYCUDACUTGeneral tax AdministrationInformation and Communication Technologies of Public FinanceIntegrated Tax Management SystemSETIC-PFSIGTSingle Treasury Account
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