DoubleTaxationTaxes on salary: Sierra Leone preliminary data
How much income tax and social contributions are paid on a salary in Sierra Leone, what a sole proprietor and a company pay, and which special regimes exist. Preliminary data.
Preliminary data: headline rates from official sources and bulletins of international organisations, without reliefs or special rules; being refined.
Calculation for a gross salary of €60,000 per year
| Gross salary | SLE 1,675,728 ≈ €60,000 |
|---|---|
| Income tax | SLE 473,262 ≈ €16,945 |
| Employee contributions | SLE 83,786 ≈ €3,000 |
| Take-home pay | SLE 1,118,679 ≈ €40,055 |
| Employer contributions and payroll taxes | SLE 167,573 ≈ €6,000 |
| Employer's labour cost | SLE 1,843,301 ≈ €66,000 |
Only some of the country's direct taxes and levies are counted: income tax on wages and compulsory contributions. Not counted: property and real-estate taxes; taxes on dividends, interest and other investment income; inheritance and gift taxes; indirect taxes such as VAT, excise and customs duties.
Taxes for sole proprietors and companies
Tax and contributions on the profit for a year; expenses are 10% of revenue, the company pays its profit out to the owner. Reliefs and local taxes are not included.
| Annual revenue | €30,000 SLE 837,864 | €60,000 SLE 1,675,728 | €120,000 SLE 3,351,456 |
|---|---|---|---|
| Sole proprietor | SLE 221,903 29.4 % | SLE 448,127 29.7 % | SLE 900,573 29.9 % |
| Company | SLE 305,401 40.5 % | SLE 610,803 40.5 % | SLE 1,221,606 40.5 % |
| Sole proprietor · Micro taxpayer — exempt from income tax | above the regime's limit | above the regime's limit | above the regime's limit |
| Sole proprietor · Small Taxpayer Regime (tax on turnover of small businesses) | above the regime's limit | above the regime's limit | above the regime's limit |
Special tax regimes
There are no special regimes for individuals.
Tax residence
The tax residence check does not cover Sierra Leone yet.
Assumptions
- Calculated with the OECD Taxing Wages methodology: income tax including local taxes plus employee social security; single person without children, tax year 2026, ECB rate of 2 January 2026.
- Exchange rate: 1 EUR = 27.928799 SLE (UN Treasury — UN operational rates of exchange, SLE per USD effective 31 Dec 2025 (in force until the next rate of 15 Jan 2026), 2026-01-02) ↗
Sources
- National Revenue Authority — 2022 NRA Tax Guide (PAYE bands, NASSIT, small taxpayer regime)
- Finance Act 2026 (Gazette Extraordinary No. 3 of 7 Jan 2026), ss. 5, 13, 14 — NRA tax laws page
- Finance Act 2025 — taxpayer segmentation (small taxpayer NLe10,000-500,000)
- Finance Act 2024 — First Schedule Part IV withholding rates for residents (dividends 15%)
- National Revenue Authority — Tax laws
- UN Treasury — UN operational rates of exchange (rates effective 31 Dec 2025)
Data checked: 2026-11-08. An indicative calculation for a typical case. Not tax advice.