Angola Standard Audit File for Tax SAF-T

Since the introduction of Angola VAT on 1 October 2019, certain taxpayers have been subject to the Standard Audit File for Tax SAF-T requirements. This includes businesses with an annual turnover above AOA 50million and those registered with Repartição Fiscal dos Grandes Contribuintes (RFGC)

Check which countries have implemented SAF-T.

Angolan SAF-T is only required on request. Certified software must be able to create a Standard Audit File for Tax (SAF-T) with information on invoices issued, which must be sent to the tax authorities on a monthly basis.

It is divided into the following File Sections:

• Master data:
  • General Ledger Accounts (chart of accounts)
  • Customer
  • Supplier
  • Product
  • Tax table (VAT and Stamp Tax)
• General Ledger entries
• Sales invoices
• Stock movements
• Working documents
• Payments
• Purchase invoices

OECD Standard Audit File for Tax (SAF-T)

The OECD launched v1 of SAF-T as a standard for tax authorities and taxpayers to efficient exchange information. It is XML-based. Over 10 European countries have already adopted it.

1. General Ledger: journals;
2. Accounts Receivable: customer master files; invoices; payments;
3. Accounts Payable: supplier master file; invoices; payments;
4. Fixed Assets: asset master files; depreciation and revaluation; and
5. Inventory: product master files; movements.

If you need to complete SAF-T or returns, our VAT Filer can accurately populate any country submission with verified VAT or GST data from our VAT Calculator or VAT Auditor services

Standard Audit File for Tax SAF-T countries