The following list of Professionals have been issued with Tax Practice Certificates as at March 17, 2022. MEDICAL PRACTITIONERS NO. NAME PROFESSION 1 Shailendra Sugrim Medical Practitioner 2 Sivindranath Mangru Medical Practitioner 3 Dharam Sawh Medical Practitioner 4 Senthil Kailasam Medical Practitioner 5 Janice Imhoff Medical Practitioner 6 Mikhaila Puran-Xavier Medical Practitioner 7 Ghansham Singh [...]
Georgetown, Thursday, March 24, 2022: In keeping with its mandate to offer its services to stakeholders in all regions of Guyana, the Guyana Revenue Authority (GRA) has commenced construction of a new Integrated Regional Tax Office (IRTO) at Onverwagt, West Coast, Berbice. This new office which is slated for completion within eighteen (18) months will [...]
Georgetown, Thursday, March 24, 2022: Guyana Revenue Authority wishes to clarify a misleading article in the Stabroek News dated March 24, 2022, on page 8, which states: “GRA,GEA ordered to reinstate licenses to Atlantic Fuels”. The Article further reads, “The High Court Judge Franklyn Holder has ordered the Guyana Revenue Authority (GRA) and the Guyana [...]
The Guyana Revenue Authority (GRA) wishes to advise all Importers, Licenced Customhouse Brokers that the Government has given approval for the rates on gasoline and diesel specified under the Excise Tax Act Chapter 82:03 to be reduced as follows: HS Code Item From To 2710.12.20.00 Gasoline 10% 0% 2710.20.10.00 Gasoline 10% 0% 2710.19.30.00 Diesel 10% [...]
OPTIMAL This brochure deals with the registration/ sign-up process for OPTIMAL Revenue Management System. OPTIMAL (RMS) allows taxpayers to file their Tax Returns and check their outstanding or refunds due for taxes. This guide is not a substitute for the Law. In case of any inadvertent conflict the Law will prevail.
The Guyana Revenue Authority (GRA) has implemented the new budget measures on motor vehicles for re-migrants, double cab and single cab pickups, new motor trucks of any tonnage for the transport of goods, new haulers or similar vehicles used for the pulling of goods, cranes, safety equipment, and oil spill equipment when imported. Value-Added Tax [...]
Georgetown, Thursday, March 17, 2022: The Guyana Revenue Authority (GRA) is aware of a shooting incident in the neighborhood of La Bonne Intention (LBI) East Coast Demerara involving one of its officers on Sunday, March 13, 2022. While the Guyana Police Force (GPF) is probing the case, the Authority has commenced an internal investigation and await [...]
In accordance with the Fiscal Enactments Amendment Act No. 5 of 2022, and with effect from January 1, 2022, the statutory deduction or free pay for employed and self-employed individuals has been revised from seven hundred and eighty thousand dollars ($780,000) to nine hundred thousand dollars ($900,000). Additionally, Section 16(l) of the Income Tax Act, [...]
In accordance with the Fiscal Enactments (Amendment) Act No. 5 of 2022, Section 8 of the Income Tax Act Chapter 81:01 has been amended, thereby increasing the annual statutory deduction from seven hundred and eighty thousand dollars ($780,000) to nine hundred thousand dollars ($900,000). The section now provides as follows: “Notwithstanding the provisions of section [...]
With effect from January 1, 2022, and in accordance with the Fiscal Enactments (Amendment) Act No. 5 of 2022, Section 13 and 14 of the Income Tax Act Chapter 81:01, which mandates the deduction of Resident Withholding Tax at the rate of two percent (2%), has been repealed and is no longer applicable on contractor’s [...]
The following list of Professionals have been issued with Tax Practice Certificates as at March 17, 2022. MEDICAL PRACTITIONERS NO. NAME PROFESSION 1 Shailendra Sugrim Medical Practitioner 2 Sivindranath Mangru Medical Practitioner 3 Dharam Sawh Medical Practitioner 4 Senthil Kailasam Medical Practitioner 5 Janice Imhoff Medical Practitioner 6 Mikhaila Puran-Xavier Medical Practitioner 7 Ghansham Singh [...] 
Georgetown, Thursday, March 24, 2022: In keeping with its mandate to offer its services to stakeholders in all regions of Guyana, the Guyana Revenue Authority (GRA) has commenced construction of a new Integrated Regional Tax Office (IRTO) at Onverwagt, West Coast, Berbice. This new office which is slated for completion within eighteen (18) months will [...] 
The Guyana Revenue Authority (GRA) wishes to advise all Importers, Licenced Customhouse Brokers that the Government has given approval for the rates on gasoline and diesel specified under the Excise Tax Act Chapter 82:03 to be reduced as follows: HS Code Item From To 2710.12.20.00 Gasoline 10% 0% 2710.20.10.00 Gasoline 10% 0% 2710.19.30.00 Diesel 10% [...] 
OPTIMAL This brochure deals with the registration/ sign-up process for OPTIMAL Revenue Management System. OPTIMAL (RMS) allows taxpayers to file their Tax Returns and check their outstanding or refunds due for taxes. This guide is not a substitute for the Law. In case of any inadvertent conflict the Law will prevail. 
The Guyana Revenue Authority (GRA) has implemented the new budget measures on motor vehicles for re-migrants, double cab and single cab pickups, new motor trucks of any tonnage for the transport of goods, new haulers or similar vehicles used for the pulling of goods, cranes, safety equipment, and oil spill equipment when imported. Value-Added Tax [...] 
In accordance with the Fiscal Enactments Amendment Act No. 5 of 2022, and with effect from January 1, 2022, the statutory deduction or free pay for employed and self-employed individuals has been revised from seven hundred and eighty thousand dollars ($780,000) to nine hundred thousand dollars ($900,000). Additionally, Section 16(l) of the Income Tax Act, [...] 
In accordance with the Fiscal Enactments (Amendment) Act No. 5 of 2022, Section 8 of the Income Tax Act Chapter 81:01 has been amended, thereby increasing the annual statutory deduction from seven hundred and eighty thousand dollars ($780,000) to nine hundred thousand dollars ($900,000). The section now provides as follows: “Notwithstanding the provisions of section [...] 
With effect from January 1, 2022, and in accordance with the Fiscal Enactments (Amendment) Act No. 5 of 2022, Section 13 and 14 of the Income Tax Act Chapter 81:01, which mandates the deduction of Resident Withholding Tax at the rate of two percent (2%), has been repealed and is no longer applicable on contractor’s [...]