The income tax calculator allows taxpayers to calculate their income tax.
The calculator considers the National Insurance Scheme (NIS) employee contribution and medical life insurance premiums stipulated by the Government of Guyana. The calculator caters for various payment frequencies e.g. yearly, monthly, fortnightly and weekly. The tax calculator accepts total income along with optional values for NIS and medical/life insurance premiums and computes your income tax for the entire period.
Choose a year.
Add Salary or Wages(basic), Total(Taxable) Overtime and Total Taxable Allowance.
Your Total Taxable Income is calculated after excluding the (Non-Taxable) Overtime and Second Job Allowances.
Your Total Taxable Income is calculated after excluding the (Non-Taxable) Overtime and Second Job Allowances.
Enter your NIS contribution (optional)
Enter medical/life insurance premiums.
Enter children deduction
Tax Allowance:
Chargeable Income:
Tax Payable:
Disclaimer: The values generated by this income tax calculator are provided for guidance purposes only and are not to be considered professional financial or legal advice.
