Home Accountancy Tax / Compliance Sierra Leone tax calculator

Sierra Leone tax calculator

Quick estimates for PAYE, rent tax, capital gains tax and import taxes.

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An accountant preparing tax returns at her desk

Use the calculator

Choose the tax you want to estimate, enter your figures and the calculator will show an estimate.

Capital Gains Tax

Capital Gains Tax (CGT) is charged at the rate of 25% on the capital gains derived from the disposal or sale of a chargeable asset. The Buyer should deduct CGT from the proceeds made to the Seller for a sale of a Chargeable Asset.

⚠ Please enter the Selling Price.
Cost Base of the Asset

Selling Price:NLe 0.00
Cost Base of Asset:NLe 0.00
Capital Gain:NLe 0.00
Capital Gains Tax (25%):NLe 0.00

Import Taxes

Import Taxes include Import or Customs Duty determined by the rate specified in the Harmonised System (HS Code) as per the Customs Tariff Act 1978, Import Withholding Tax at the rate of 5% in line with Section 114 of Income Tax Act 2000 as amended, ECOWAS Levy of 0.5%, Import GST (where applicable) at 15%, and Excise Duty (where applicable). The value of the Cost, Insurance, and Freight (CIF) is crucial in calculating Import Taxes.

⚠ Please enter at least the Cost of goods.

Cost, Insurance & Freight (CIF):NLe 0.00
Import Duty (ID):NLe 0.00
Excise Duty (ED):NLe 0.00
Import Withholding Tax (IWTF):NLe 0.00
ECOWAS Levy:NLe 0.00
Import Good & Services Tax (IGST):NLe 0.00
Total Import Taxes:NLe 0.00

PAYE Tax

Pay As You Earn (PAYE) is Personal Income Tax (PIT) paid by employees of organisations. The PAYE tax calculation for residents for tax purposes is determined by rates specified by the First Schedule of the Income Tax Act 2000 as amended, with a maximum rate of 35%. Employers are obligated to withhold the PAYE tax and pay to the National Revenue Authority by the 15th of the month following the month for which the tax was deducted.

⚠ Please enter at least the Basic Salary.
Allowances
Leave Allowance
Other Income
Deductions

PAYE Tax:NLe 0.00
NASSIT (Employee):NLe 0.00
NASSIT (Employer):NLe 0.00
Tax on Leave Allowance:NLe 0.00
Take Home Pay:NLe 0.00

Rent Tax

In line with Section 120 of the Income Tax Act 2000 as amended, a Tenant is obligated to deduct Rent Tax from the rent paid to the Landlord. Although the Tenant withholds the tax, the incidence of the tax is on the Landlord. For individual Landlords, the Rent Tax withholding rate is 10% after deducting the non-taxable threshold and the maintenance allowance. For companies that are Landlords, the Rent Tax withholding rate is 10%, without deductions.

⚠ Please enter the Yearly Rent.

Rent Tax:NLe 0.00

Please note

The results are estimates to help you plan. They are not tax advice and may not reflect your full circumstances, reliefs or recent changes in the law. Before you file a return or make a payment, check the figures with us or with the National Revenue Authority.

Who it's for

  • Employers working out PAYE on salaries, employees checking their payslips, landlords estimating rent tax, people selling assets, and importers estimating duties and taxes.
SLONEC colleagues reviewing figures together on a laptop in Freetown

Using the estimate

The calculator gives a quick estimate based on the figures you enter and the rates built into it. It is a starting point, not a tax return. Your actual tax can differ because of allowances, exemptions, tax already deducted at source or changes made by a new Finance Act.

If the figure matters, for example for a payroll budget, a property deal or a contract price, ask us to check it. Our Tax / Compliance team prepares and files PAYE, income tax, GST and withholding tax returns with the NRA every month, and we can tell you quickly whether your estimate holds.

How we can help

  1. Use the calculator for a first estimate.
  2. Send us your figures if you want them checked.
  3. We prepare and file the return properly.
  4. We keep you up to date with changes that affect you.

Frequently asked questions

Is the calculator up to date?

It uses the rates set in the calculator. We review it when the Finance Act changes, but always check important figures with us before you rely on them.

Does the calculator store my figures?

No. The calculation runs in your browser, and nothing you type is sent to SLONEC.

Can you check my PAYE calculation?

Yes. Send us the salary details or book a call, and we will check the PAYE and NASSIT figures against the current rules.

Can you file the return for me?

Yes. Our Tax / Compliance team prepares and files returns with the NRA. Request a quote and tell us which returns you need.

Ready to talk?

Tell us what you need, or book a call to talk it through first.