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Sierra Leone Budget and Statement of Economic and Financial Policies for the FY 2025

20 November 2024

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Proposed Changes

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Sierra Leone

Sierra Leone's Ministry of Finance has published the Government Budget and Statement of Economic and Financial Policies for the FY 2025, which was delivered on 15 November 2024. As highlighted in the budget document, the government will implement the following tax policy measures in 2025: Complete the implementation of the outstanding measures in the 2023 and 2024 Finance Acts, including, configuring excise duties on imported alcoholic beverages, cigarettes and other excisable goods in the ASYCUDA and the Minimum Alternate Tax (MAT) in the Integrated Tax Administration System (ITAS); Amend the Income Tax Act 2000, to extend the Minimum Alternate Tax...