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 Income tax in Gambia.
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toubab1020



12306 Posts

Posted - 26 Apr 2018 :  17:10:08  Show Profile Send toubab1020 a Private Message  Reply with Quote
30% tax on your earnings if you are employed,this may interest readers,who knows it MAY even convince some readers to POST their opinion,MAYBE

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Gambia Personal Income Tax Rate 2012-2018 | Data | Chart | Calendar
The Personal Income Tax Rate in Gambia stands at 30 percent. Personal Income Tax Rate in Gambia averaged 30.83 percent from 2012 until 2017, reaching an all time high of 35 percent in 2012 and a record low of 30 percent in 2013.



Gambia Personal Income Tax Rate

Gambia Taxes Last Previous Highest Lowest Unit
Sales Tax Rate 15.00 15.00 15.00 15.00 percent [+]
Personal Income Tax Rate 30.00 30.00 35.00 30.00 percent [+]
Corporate Tax Rate 31.00 31.00 31.00 31.00 percent [+]


Gambia Personal Income Tax Rate
In the Gambia, the Personal Income Tax Rate is commonly known as PAYE (Pay As You Earn) on the employment income – It is the income tax levied on the gross employment incomes of individuals. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of the Gambia. This page provides - Gambia Personal Income Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Personal Income Tax Rate - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
30.00 30.00 35.00 30.00 2012 - 2018 percent Yearly


https://tradingeconomics.com/gambia/personal-income-tax-rate


"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

toubab1020



12306 Posts

Posted - 26 Apr 2018 :  21:48:57  Show Profile Send toubab1020 a Private Message  Reply with Quote
This report on TAX from the Point Newspaper:

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“Paying taxes is of critical importance to national security” – DG SIS Sowe
africa » gambia » Show Map
Wednesday, April 25, 2018

The director general (DG), of the State Intelligence Services (SIS), Ousman Sowe, has expressed with great emphasis the significance of paying taxes to government, saying it’s critically important for national security.

DG Sowe went on to say that for the sake of our national economy, development and sustainable national security, “we need to have taxes paid.”

According to him, for national security to be ensured, paying of taxes is critical because defence and all other security related subventions are funded through the national budget.

He also cited that our national budget is what is mainly paying for the administration, salaries, logistics and operational cost of all the security apparatus as funds derived from the collected taxes are deposited in the Consolidated Revenue Fund.

“To better appreciate the importance of paying tax to national security, let’s imagine the implications and complications for the defense, intelligence and security services that are without required resources for their administrative, logistics, salaries and operations”. “This will no doubt pose a serious challenge to peace, stability, security and development with unimaginable consequence for our national security”. DG Sowe emphasized.

In view of the foregoing and other related reasons, paying tax is important as it is as a civic duty, is also critically important for the maintenance and sustenance of national security without which national development cannot be guaranteed.
Author: Abdoulie Nyockeh
Source: Picture: DG Yankuba Darboe,GRA & DG Ousman Sowe, SIS

http://thepoint.gm/africa/gambia/article/paying-taxes-is-of-critical-importance-to-national-security-dg-sis-sowe

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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