Sierra Leone VAT / GST

Goods and Services Tax (GST)

Sierra Leone levies a single-rate Goods and Services Tax (GST), a VAT-style consumption tax introduced in 2010 and administered by the NRA under the Goods and Services Tax Act 2009. There is no separate sales tax.

• Standard GST rate — 15 percent (Goods and Services Tax Act 2009)
• GST on imports — 15 percent (applied to imported goods and services for local use) (Goods and Services Tax Act 2009)
• Zero-rated supplies — 0 percent (Exports and certain supplies are zero-rated (approx — confirm)) (Goods and Services Tax Act 2009)
• Exempt supplies — Basic foodstuffs, financial services, education, medical services and similar items are exempt (approx — confirm) (Goods and Services Tax Act 2009)
• Registration threshold — 100,000 NLe (Annual taxable turnover of NLe 100,000 or more (approx — confirm)) (Goods and Services Tax Act 2009)
• Filing frequency — Monthly GST returns (approx — confirm) (Goods and Services Tax Act 2009)
• Return and payment deadline — By the last working day of the month following the tax period (approx — confirm) (Goods and Services Tax Act 2009)
• Input tax credit — Registered persons may credit input GST against output GST on taxable supplies (Goods and Services Tax Act 2009)
• Reverse charge on imported services — Recipients of services from non-resident suppliers self-account for GST under the reverse-charge mechanism (approx — confirm) (Goods and Services Tax Act 2009)