With the emergence of e-commerce, most individuals and businesses now use digital platforms to buy and sell products and services. The Gambia is not an exception, especially with a growing young population in the digital age. However, the Gambia Revenue Authority (GRA) has little or no means to track online business transactions for possible tax […]
Four Possible Digital Tax Evasion in The Gambia Read More »
Tax Identification Number, commonly called TIN number is a unique number tax authorities assigned to individuals, businesses and organizations to ease tax transactions. The main purpose is to identify and cross check taxpayers’ information. All businesses must obtain a tax identification number (TIN) before registering with the Companies Registry in the Gambia. Therefore, it is important for
TIN Number Registration in Gambia – 4 Simple Procedures Read More »
Valued Added tax aka VAT is one of the most common tax businesses will handle in the Gambia. Therefore, it is important for individuals and small business managers to be familiar with the list of goods and services that are VAT exempted in the Gambia. VAT exempted goods are not charged with any VAT at
15 Gambia VAT Exempted Goods and Services Read More »
VAT or Value Added Tax was introduced in the Gambia on the 1st January 2013 following the approval of the Gambia Income and Value Added Tax Act, 2012 by the National Assembly on 27th June 2012. Value Added Tax is charged on both imports and domestic transactions as it used to be under the then sales tax
19 Things about VAT in Gambia Read More »
Tax is a compulsory payment, levied on qualified persons, companies or partnerships by a government. As a small business owner, you need to be aware of and understand the common taxes and contributions that are levied in the Gambia. These business taxes and contributions are provided by the law, e.g. the Income & Value Added
12 Gambia Business Taxes You Need To Know Read More »
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