The Gambia has introduced various tax changes for 2023, which include the following:
- The introduction of a security levy of 6% on all insurance premiums, collected by the insurance companies;
- The introduction of a 5% environmental tax on second-hand goods/materials that do not currently attract an environmental tax;
- The introduction of an ad-valorem tax of 5% on used tires;
- An increase of the excise tax and environmental tax on cigarettes and cigars (GMD 35 and GMD 5.22 per pack) and on oth…