Liberia (LR)
Licensee: (contact Darrel Technologies Ltd)
Currency: Liberian Dollar (LRD, L$)
Timezone: Africa/Monrovia (GMT+0)
Language: English
Social Security & Payment Modes
| Setting |
Value |
| Social security scheme |
NASSCORP |
| POS payment modes |
Cash, Orange Money, Bank Transfer, Cheque |
Academic Structure
Liberia's Ministry of Education system:
| sERP Division |
LR Level |
Classes |
| Elementary |
Elementary |
Grade 1–6 |
| Junior High |
Junior High |
Grade 7–9 |
| Senior High |
Senior High |
Grade 10–12 |
Assessment Framework (gh_basic)
| Setting |
Value |
| Assessment label |
SBA |
| CA weight |
50% |
| Exam weight |
50% |
| Pass mark |
50 |
| Terms per year |
3 |
| Term label |
Term |
National Examinations
| Exam |
Level |
Awarding body |
| WASSE (West African Secondary School Certificate) |
Grade 12 |
WAEC |
| WASSCE (West African Senior School Certificate) |
Grade 12 |
WAEC |
HR & Statutory Deductions
| Deduction |
Rate |
Body |
| Income Tax (PAYE) |
Progressive bands |
LRA |
| NASSCORP (employee) |
3% |
NASSCORP |
| NASSCORP (employer) |
6% |
NASSCORP |
Warning
Liberian statutory rates are subject to the Revenue Code of Liberia. Verify current rates before running payroll.
Notes
- Liberia operates on GMT+0 year-round
- English is the official language of instruction
- The Liberian Dollar floats against the USD; USD is widely accepted in commerce