Gambia Tax Overview

Gambia Tax Overview

The Gambian tax system at a glance

The Gambia taxes income, consumption (VAT), and payroll, administered by the Gambia Revenue Authority (GRA). The tax year is the calendar year and the currency is the Gambian Dalasi (GMD/D). Figures below reflect the 2025 budget reforms and are an unverified draft pending review by a licensed Gambian accountant.

• Tax year — Calendar year (1 January to 31 December) (Income and Value Added Tax Act)
• Currency — Gambian Dalasi (GMD / D) (Income and Value Added Tax Act)
• Tax authority — Gambia Revenue Authority (GRA) (Gambia Revenue Authority Act)
• Basis of taxation — Residents are taxed on worldwide income; non-residents on Gambian-source income only ((approx — confirm)) (Income and Value Added Tax Act)
• Individual residence test — Present in The Gambia for more than 183 days in the tax year (Income and Value Added Tax Act)
• Top personal income tax rate — 25% percent ((approx — confirm; 2025 reform tops the band table at 25%, some guides still list 30%)) percent (Income and Value Added Tax Act (First Schedule))
• Standard corporate income tax rate — 27% percent percent (Income and Value Added Tax Act)
• Does VAT exist — Yes — VAT applies at a standard rate of 15% percent (Income and Value Added Tax Act)
• Corporation tax return deadline — 31 March of the year following the tax year (Income and Value Added Tax Act — https://www.gra.gm/domestic-faqs)
• Monthly schedule (PAYE, VAT, withholding) deadline — Within 15 days after the end of the month (Income and Value Added Tax Act)