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Income Tax Rates & Threshold

Year of Income (YI) Year of Assessment (YA)  (Personal Allowance) Amount of Deduction NIS Medical & Life Insurance Premium Threshold Rates on Chargeable Income 2007 2008 $336,000 33 1/3% 2008 2009 $420,000 33 1/3% 2009 2010 $420,000 33 1/3% 2010 2011 $420,000 33 1/3% 2011 2012 $480,000 33 1/3% 2012 2013 $600,000 33 1/3% 2013 2014 $600,000 30% 2014 2015 $600,000 - 30%…

Issuance of Provisional Trade Licence

In keeping with the provision of Budget 2018, the Licence Revenue Operations (LRO) has commenced the issuance of Provisional Trade Licences. Persons applying for a Trade Licence must provide the following documents: Requirements to obtain a Provisional Trade Licence: Completed…

Furnishing fraudulent statements/documents to GRA

Georgetown, GRA, January 13, 2023: The Guyana Revenue Authority (GRA) once again advises members of the public against the falsification of documents and/or attempts at colluding with anyone, including GRA officers, to defraud the Authority in the course of completing…
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