Section 9, The Finance Act, 2015

Part I of the First Schedule to the Income Tax Act, 2000 is amendedby repealing and replacing Part I by the following– “Part I (Section 4(1) ) Rates of tax applicable to individuals resident in Sierra Leone for the year of assessment commencing 1st January, 2014 and each succeeding year of assessment. Chargeable income Taxable rate Below Le3,600,001.00 per annum Nil Le3,600,001.00 to Le7,200,000 per annum 15% Le7,200,001.00 to Le10,800,000 per annum 20% Over 10,800,001.00 30%