Administrative Tribunal calls for reform of Mozambique’s tax and customs laws
Mozambique: Social Security recovers EUR 5 million overdue contributions
11:24 CAT | 13 Mar 2018
File photo: Notícias
The National Institute of Social Security (INSS) in Maputo announced on Monday that it had recovered 393 million meticais (EUR 5 million) of contributions deducted from workers’ wages but not pair over in 2017.
A press release from the institution says that the amount, above the target that had been predicted for 2017, was the result of INSS and General Inspectorate of Labour inspection campaigns.
“Of the 360 million meticais (EUR 4.6 million) expected, more than 393,000 meticais were recovered, which means that the goal was exceeded by 34 million meticais (EUR 438,000),” the statement reads.
In recovering the amount, the INSS used extra-judicial collections, debt repayment agreements, the Fiscal Executions Court and other channels established in the current social protection law.
Of the 81,170 national taxpayers enrolled in the INSS in April 2017, 19,235 owed money, representing 23.6 percent of the total. In 2016, INSS and General Inspectorate of Labour activities recovered 280.6 million meticais (EUR 3.6 million at current exchange rates).
Source: Notícias
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