The Liberia Income Authority (LRA) has commenced a three-day intensive coaching for its Senior Administration Workforce (SMT) to strengthen their understanding of the forthcoming Worth Added Tax (VAT) system.
Monrovia, November 2025: The session brings collectively commissioners, deputy commissioners, assistant commissioners, managers, and different key technical employees.
VAT is a broad-based consumption tax levied on items and providers, each imported and regionally produced, besides these exempted by legislation. Not like the present Items and Companies Tax (GST), VAT operates as a multi-stage tax collected at each degree of the manufacturing and distribution chain, making certain higher transparency and effectivity in income assortment.
Held on the Farmington Resort in Margibi County, the coaching brings collectively over 20 contributors and focuses on VAT ideas, authorized frameworks, worldwide finest practices, and the rationale for transitioning from GST to VAT. Liberia’s VAT system will take impact on January 1, 2027, with VAT registration opening in July 2026. Companies and people could have a six-month window subsequent yr to register beneath the brand new tax regime.
Talking in the course of the opening session, Home Tax Commissioner Margaret P. Krote described the coaching as a vital step towards making certain inclusive participation and institutional readiness for VAT implementation. She recommended the VAT Technical Workforce for its management and urged contributors to actively have interaction all through the periods.
Delivering remarks on behalf of Commissioner Normal James Dorbor Jallah, Deputy Commissioner for Technical Affairs Gabriel Y. Montgomery emphasised that the coaching will empower senior managers with the data and instruments crucial to steer and information the VAT implementation course of successfully.
LRA VAT Undertaking Supervisor S. Tunny Cooper famous that the coaching types a part of a broader VAT transition roadmap aimed toward constructing a contemporary, environment friendly, and clear tax system. He pressured that senior administration’s lively involvement is essential to the profitable rollout of the brand new VAT regime.
Comparable coaching periods have already been performed for LRA employees and key stakeholders, together with tax practitioners, customs brokers, and enterprise associations. Extra nationwide outreach and capacity-building actions will proceed as a part of the LRA’s ongoing VAT consciousness marketing campaign.
The introduction of VAT follows the passage of An Act to Amend Half 3, Chapter 10 of the Liberia Income Code of 2000, offering the authorized basis for changing the Items and Companies Tax (GST) with VAT.
VAT will assist enhance Liberia’s income assortment system by decreasing tax evasion, selling equity, and making certain that companies and customers contribute extra equitably to nationwide improvement. The system is designed to modernize taxation, strengthen accountability, and improve service supply by means of improved home useful resource mobilization. -Press launch.
