The Gambia
The Gambia calculators
With the values in force in The Gambia, the source of each one and the date we checked it.
Official data, updated automatically
An automated process checks the official sources every day. Rule changes go live after we verify them.
- Last review of the rules
- Latest automatic figure
- Central Bank of The Gambia daily valuation rate, dalasis per US dollar,
- Official sources
- 14 official documents
Pay and work
Pay and extras
- Annual leave pay calculator for The GambiaUnder the Labour Act, 2023 your annual leave comes from your contract, a collective agreement or a Joint Industrial Council agreement. It builds up month by month.
- Take-home pay calculator for The GambiaEnter your basic salary and allowances to see what reaches your bank account after PAYE and your pension contribution.
- Hourly to salary calculatorHow much is your salary per hour? What does an hourly offer come to per year? Enter an amount, pick the period and we show all the others.
- Pay raise calculatorYou have been offered a raise, or you are about to ask for one. Enter your pay and the raise, as a percentage or an amount, and see how much changes each month and year.
- Time card calculatorPick the start and end time for each day, your unpaid break and your hourly pay. We show total hours, overtime and your pay for the week.
Leaving a job
- Notice period calculator for The GambiaEnter who is ending the contract, how wages are paid and the years of service to see the minimum written notice under section 91 of the Labour Act, 2023.
- Severance pay calculator for The GambiaSection 104 of the Labour Act, 2023 sets severance pay when a contract is terminated or ends. Choose how the job ended to see the minimum amount.
Taxes
- Employer cost calculator for The GambiaEnter the salary to see the full monthly and yearly cost of an employee for the business.
- PAYE calculator for The GambiaEnter what you earn from your job, a month or a year, to see the employment income tax your employer takes off under Pay As You Earn.
- Small business tax calculator for The GambiaIf you run a business as an individual and your yearly turnover is under D 500,000, your income tax is simply 3% of turnover. It is a final tax and you do not file an annual return.
- SSHFC contribution calculatorEnter the basic salary and fixed allowances to see what goes to the Social Security and Housing Finance Corporation each month.
- VAT calculator for The GambiaEnter a price and choose whether it already includes VAT. You get the VAT, the price without it and the price with it.
Money and indexes
Loans, savings and investing
- Loan calculatorBefore you sign for a loan, two numbers matter: what you pay each month and what the loan costs you in interest.
- APR to APY calculatorTwo offers with the same rate can cost different amounts. The difference is how often interest is charged or paid.
- Mortgage calculatorA mortgage is the biggest debt most households ever take on. It pays to see the full numbers before you talk to a lender.
- Rent vs buy calculatorComparing the mortgage payment with the rent is not enough. Buyers pay interest, upkeep and property tax, but they end up owning the home. Renters can keep the down payment invested.
- Compound interest calculatorWith compound interest, the interest is added to your balance and starts earning interest of its own. That is why savings grow faster and faster.
- Simple interest calculatorSimple interest is always worked out on the original principal: interest is not added to the balance during the term.
- Savings goal calculatorA trip, a car, a deposit on a home or a cushion for surprises. A goal with an amount and a date is much easier to hit.
- Retirement savings calculatorA state pension often is not enough to keep your standard of living. Savings of your own, even small ones, make a big difference if you start early.
- Credit card payoff calculatorA credit card is usually the most expensive debt you have. Paying only the minimum stretches it out for years and piles on interest.
- 50/30/20 budget calculatorThe 50/30/20 rule is a simple way to plan your month. Half goes to essentials, 30% to things you enjoy and 20% to savings.
- Emergency fund calculatorAn emergency fund is money set aside for what you can't plan for: losing your job, a health problem or an urgent home repair.
- Car cost calculatorMost people know what they spend on fuel. Few add up insurance, maintenance, parking and, above all, the value the car loses every year.
Business and self-employment
- ROI calculatorA 50% gain sounds great, but it is not the same over 2 years as over 10. To compare investments you need the return per year.
- Profit margin calculatorMargin and markup get mixed up all the time, and the difference can cost you money. Both measure the same profit, but against a different base.
- Break-even calculatorThe break-even point is the level of sales where a business neither makes nor loses money. Below it you lose, above it you start to profit.
- Freelance rate calculatorThe most common freelance mistake is taking the salary you would want as an employee and dividing it by 160 hours. That leaves out taxes, expenses, vacation and every hour you can't bill.
Other calculators
- Capital gains tax calculator for The GambiaSelling land, a building, machinery or shares? Enter the price and your costs to see the capital gains tax the GRA expects.
- Corporation tax calculator for The GambiaCompanies in The Gambia pay the higher of two amounts: income tax on net profit or a minimum tax on turnover. Enter both figures to see which one applies.
- Dividend tax calculator for The GambiaCompanies and partnerships in The Gambia withhold dividend income tax before paying shareholders or partners. Enter the gross dividend to see the tax and what reaches you.
- Expatriate payroll tax calculatorEvery employer of an expatriate in The Gambia pays a yearly payroll tax for each one. Enter how many you employ to see the total.
- Fringe benefits tax calculator for The GambiaWhen an employer gives staff benefits in kind, such as a house, a car or household staff, the employer pays fringe benefits tax. The employee pays nothing.
- Informal sector income tax by tradeSmall self-employed people without proper business records or a permanent place of business pay a fixed income tax each year. The amount depends on the trade.
- Maternity and paternity leave calculator for The GambiaChoose maternity or paternity leave and the first day off to see your last day of leave and the day you go back to work.
- Net to gross salary calculator for The GambiaWhen a job is offered as a net amount, the employer still has to know the gross salary for the payroll. Enter the take-home pay to find it.
- Rental income tax calculator for The GambiaLandlords in The Gambia pay rental income tax on the gross rent they receive. Enter the rent for the year to see the tax and the quarterly payments.
- Retirement age calculator for The GambiaThe Labour Act, 2023 sets the retirement age for employees at 60 years. Enter your date of birth to see when you reach it.
- SSHFC late payment penalty calculatorEmployers must pay SSHFC contributions by the 15th day of the month after the salary was paid. Enter the amount and the dates to see the penalty for paying late.
- VAT registration threshold checker for The GambiaEnter your taxable sales for the tax year to see whether you must register for VAT, may register or cannot register yet.