Mozambique Tax Tables 2024 - Tax Rates and Thresholds in Mozambique

This page contains the tax table information used for the calculation of tax and payroll deductions in Mozambique in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ MZ, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Mozambique or would like to add to or suggest amendments to the information herein then please contact us.

Mozambique Personal Income Tax Tables in 2024

The Income tax rates and personal allowances in Mozambique are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Mozambique Tax Calculator 2024.

In Mozambique, social security contributions made by employees are deductible from their gross income for the purpose of calculating taxable income. This means that the amounts contributed towards social security by employees can reduce their taxable base, potentially lowering their overall income tax liability. This provision encourages participation in the social security system while providing tax relief to employees, aligning with Mozambique's broader goals of promoting financial security and welfare for its workforce.

Mozambique Social Security and Payroll Deduction Rates in 2024

In Mozambique, the social security framework is designed to safeguard workers by providing financial security and support through various benefits. The system is funded through mandatory contributions from employers and employees, aimed at covering risks associated with retirement, disability, health, and workplace accidents.

Pension Contributions: These are aimed at providing retirement benefits to employees, ensuring they have a source of income upon reaching retirement age. This fund is crucial for supporting the financial independence and well-being of retirees.

Healthcare Contributions: Contributions also fund healthcare benefits, offering coverage for medical treatments and preventive care. This ensures that employees and their families have access to necessary healthcare services, promoting overall health and well-being.

Work-Related Injury and Occupational Disease Contributions: These contributions provide coverage for employees who suffer from injuries or diseases due to their work. Benefits include medical care, rehabilitation, and compensation for lost income, ensuring support during recovery and return to work.

The contributions are calculated as a percentage of the employee's salary, with specific rates set by the government. Employers are responsible for withholding and remitting these contributions to the INSS, alongside their portion of the contributions.

The social security system in Mozambique faces challenges, including extending coverage to the informal sector and ensuring long-term sustainability. Efforts are ongoing to reform and strengthen the system, aiming to broaden coverage, improve efficiency, and enhance the range of benefits.

For employers operating in Mozambique, understanding the requirements for social security and payroll deductions is essential for compliance and for providing appropriate support to their employees. For employees, awareness of their contributions and entitlements under the social security system is crucial for making informed decisions about their work and welfare.

The social security system in Mozambique reflects the country's commitment to supporting its workforce, promoting social welfare, and contributing to economic stability. As Mozambique continues to develop, the role of social security contributions in fostering a resilient and inclusive society remains significant.

Mozambique VAT Rates in 2024

VAT rates for Mozambique are reviewed annually, you can use the VAT Calculator to calculate VAT due in Mozambique or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Historic Tax Tables supported for Mozambique

The following tax tables are supported by iCalculator™ MZ as part of the suite of free tax tools we provide for Mozambique.