The Gambia Revenue Authority wishes to inform the general public that 'Withholding Tax Certificates' forms are now available and can be collected from the address below:
Domestic Taxes Department
Gambia Revenue Authority
78/79 Liberation Avenue
The general public is further informed that persons from whom monies are being withheld must demand a 'Withholding Tax Certificate' against tax withheld. The certificate will be required as proof of tax already paid when submitting an annual tax return indicating the tax withheld as a credit or reduction to one's overall tax liability.
Taxpayers are authorized to photocopy (reproduce) the certificate for their use.
The need to demand and obtain a 'Withholding Tax Certificate' is in line with the law under Section 89 (3) of the Income & Sales Tax Act 2004 which stipulates that,
'A person who retains the services of a contractor or subcontractor to carry out work, or supply labor or materials for carrying out the work shall withhold tax at the rate of 10 percent of gross fees or other payments made to the contractor or subcontractor in respect of the services'.
Further more Section 97 of the same Act also requires that 'a person withholding tax under this sub-part shall furnish to the recipient of the payment a tax-withholding certificate as may be prescribed'.
Taxpayers are also reminded that the due date for payment of taxes withheld is not later than the 15th day after then end of the month in which the person required to withheld the tax. Failure to withhold and /or any delay in remitting the taxes will attract penalties and interest and may render the person personally liable to pay the amount of tax to the Commissioner General.
A sample of a 'Withholding Certificate' is shown below.