A number of items that had attracted VAT at a rate of fourteen percent (14%) prior to March 1, 2008 have now been listed under the Schedule 1 of the VAT Act Chapter 81:05. This policy therefore seeks to enlighten…
Value Added Tax Registration is categorised in Section 11 of the Value Added Tax Act Chapter 81:05 as being mandatory or voluntary. Prior to 2016 the threshold for mandatory and voluntary registration was ten million dollars ($10,000,000). However, effective January…
The Guyana Revenue Authority continues to sensitise taxpayers, the general-public and other stakeholders on matters pertaining to the various legislations it administers, in order to promote voluntary compliance. In this regard, the following information provides general guidance for obtaining a…
The Guyana Revenue Authority continues to sensitise taxpayers, the general public and other stakeholders on matters pertaining to the various Acts it administers. In this regard, the following information seeks to give clarity as regards to the statutes, rules and…
The Guyana Revenue Authority (GRA) is continuing its efforts to sensitise the general public on the various taxes it administers, so as to promote voluntary compliance. DEFINITION OF TERMS: Vacation Allowance The Income Tax Act does not provide a definition…
The Guyana Revenue Authority (GRA) is continuing its efforts to sensitise the general public on various issues to ensure compliance. This policy serves as the guiding principle governing the issuance of a Certificate of Compliance. A Certificate of Compliance is…
The Guyana Revenue Authority (GRA) is continuing its efforts to enhance its mission by sensitizing the general public on various issues, to ensure compliance. This policy is intended to provide a better understanding of the statutory provisions concerning payments to…
The Guyana Revenue Authority finds it necessary to provide guidance to the general public on the taxes it administers in order to promote voluntary compliance. This policy is intended to guide employers and employees regarding their obligation to withhold and…
The Guyana Revenue Authority (GRA) recognises the need to provide the general public with essential information regarding the taxes it administers to promote voluntary compliance and aid in a smooth transaction process. This policy is intended to offer guidance and…
The Guyana Revenue Authority recognises the need to provide information and guidance to the general public with regards to the various taxes it administers. As such, this policy seeks to provide guidance on the issuing of a provisional licence for…
