The
Gambia Revenue Authority (GRA) wish to remind all its esteemed taxpayers that
the monthly tax obligations for the October Tax Month are due by the 15th of
November 2019. All taxpayers who are
required to file declarations or returns and pay taxes are therefore urged to
go to the tax offices where their tax files are kept to file the necessary
declarations or returns and pay the taxes on or before the due date. These include Value Added Tax (VAT),
Withholding Tax, Employee Income Tax, also called Pay As You Earn (PAYE) Tax, Capital
Gains Tax etc.
All
businesses whose sales of VAT chargeable goods in a twelve-month period will
exceed D1, 000,000 (one million Dalasi) are reminded of their legal obligation
to register for VAT. All employers are
also reminded of the legal obligation to withhold PAYE and remit to GRA.
Taxpayers
who failed to file tax returns or pay taxes due on time are liable to be
charged late filing and late payment penalties under Sections 230 and 231 of
the Income and Value Added Tax Act, 2012.
Such taxpayers will also be liable to pay interest on all taxes not paid
on time under Section 229 of the Income and Value Added Tax Act, 2012.
Any
taxpayer who have any question or query relating to his or her tax matters
could contact the nearest tax office.
GRA
is Collecting Revenue for National Development.
Thank
You.
GRA
Management.
