February 13, 2026
Rensis House, 5 Gloucester Street, Freetown
The National Revenue Authority (NRA) participated in a Breakfast Learning session organized by the Human Capital Institute Sierra Leone for over Thirty Human Resource Professionals. The session aimed to educate employers on the implications of the Finance Act 2026 and enhance compliance with Pay As You Earn (PAYE) tax regulations. It also addressed the treatment of the new minimum wage of Le 1,200 which will come into effect on 1st April 2026.
During the session, the Manager of Tax Audit, Large Taxpayers Office within the Domestic Tax Department at NRA, Sahr Desmond Tommy clarified that the non-taxable threshold for Pay As You Earn (PAYE) is set at Le 600 as stated in the Finance Act 2021. He explained the deduction process, emphasizing that PAYE is calculated after a 5% deduction for NASSIT contributions. Tommy further highlighted the Act’s specific relevance to Non-Governmental Organizations (NGOs) and Small and Medium Enterprises (SMEs), noting a significant update: redundancy and end-of-service benefits are now exempt from taxation under the Finance Act 2026.
This informative session provided employers with critical insights to ensure accurate tax compliance and a better understanding of recent legislative changes affecting payroll management.
For more information, contact us on +232-80-839-839 or info@nra.gov.sl