Effective January 1, 2024, the Income Tax (Amendment) Act No. 2 of 2024 has brought changes to the personal allowance and deductions for employed and self-employed individuals. Here are the key updates: 1. ANNUAL STATUTORY DEDUCTION: The amendment to Section 20 of the Income Tax Act, Chapter 81:01 sets the annual statutory deduction at one [...]
Dear Editor, I write on behalf of the Guyana Revenue Authority (GRA) to address the incorrect statement made by an anonymous letter writer in the February 14, 2024, edition of Stabroek News concerning the GRA's audit history. The assertion that the GRA was last audited for the fiscal year 2017 is inaccurate, and I wish [...]
In an effort to stimulate interest in taxation matters and to encourage youths within the Caribbean Community (CARICOM) to become knowledgeable about tax administration, the Caribbean Organisation of Tax Administrators (COTA) in collaboration with the Guyana Revenue Authority (GRA) invites submissions for COTA’s Seventh Essay Competition. TOPIC: “How can Tax Administrators adapt to the challenges [...]
The under mentioned applications have been received for the grant of Certificates for the issue of Excise Licences under the provision of Section 10 (4) of the Intoxicating Liquor Licensing Act, Chapter 82:21. NEW LICENCE NO. TYPE OF LICENCE NAME AND ADDRESS OF LICENCEE SITUATION OF PREMISES IN RESPECT OF WHICH APPLICATION WAS MADE 1 [...]
The under mentioned applications have been received for the grant of Certificates for the issue of Excise Licences under the provision of Section 10 (4) of the Intoxicating Liquor Licensing Act, Chapter 82:21. NEW LICENCE NO. TYPE OF LICENCE NAME AND ADDRESS OF LICENCEE SITUATION OF PREMISES IN RESPECT OF WHICH APPLICATION WAS MADE 1 [...]
Georgetown, GRA, January 11, 2024: Law Enforcement and Investigation Division (LEID) Officers of the Guyana Revenue Authority (GRA), in a Joint operation with the Customs Anti-Narcotic Unit (CANU), seized a motor vessel in the vicinity of the No. 66 Village, Berbice, containing quantities of uncustomed Alcoholic beverages (Heineken and Corona Beers), Foreign Chicken and Cigarettes [...]
Georgetown, GRA, November 24, 2023: On November 17, 2023, utilising its sophisticated scanning equipment for incoming cargo, Customs and Law Enforcement Officers of the Guyana Revenue Authority (GRA), seized several firearms and over 5,000 assorted rounds of ammunition of various caliber found concealed in a barrel containing food stuff and household items imported from the [...]
The Guyana Revenue Authority (GRA) wishes to advise all taxpayers that in its quest to continually improve the quality and efficiency of services, effective August 31, 2023, the GRA will be discontinuing the usage of cheques for the payment of refunds of VAT and other taxes. All refund payments will now be done electronically utilising [...]
The following list of Professionals were approved for Tax Practice as at June 30, 2023. MEDICAL PRACTITIONERS NO. NAME PROFESSION 1 DWAYNE VALIDUM Medical Practitioner 2 VARUN BUDHRAM Medical Practitioner 3 DEOWNARINE LALJEIT Medical Practitioner 4 FREDERICK DEANE Medical Practitioner 5 MIKHAILA PURAN Medical Practitioner 6 MAYDA BEHARRY Medical Practitioner 7 CHANDRA KUMAR Medical Practitioner [...]
Georgetown, Wednesday, June 28, 2023: The Revenue Authority wishes to remind all importers, wholesalers and retailers that all imported packages/units of alcoholic/tobacco products must be affixed with an excise stamp in accordance with Regulation 212 of the Customs Act, Chapter 82:01. Failure to comply with this Regulation have resulted in several illegal/uncustomed brands being seized [...]
Effective January 1, 2024, the Income Tax (Amendment) Act No. 2 of 2024 has brought changes to the personal allowance and deductions for employed and self-employed individuals. Here are the key updates: 1. ANNUAL STATUTORY DEDUCTION: The amendment to Section 20 of the Income Tax Act, Chapter 81:01 sets the annual statutory deduction at one [...] 
Dear Editor, I write on behalf of the Guyana Revenue Authority (GRA) to address the incorrect statement made by an anonymous letter writer in the February 14, 2024, edition of Stabroek News concerning the GRA's audit history. The assertion that the GRA was last audited for the fiscal year 2017 is inaccurate, and I wish [...] 
In an effort to stimulate interest in taxation matters and to encourage youths within the Caribbean Community (CARICOM) to become knowledgeable about tax administration, the Caribbean Organisation of Tax Administrators (COTA) in collaboration with the Guyana Revenue Authority (GRA) invites submissions for COTA’s Seventh Essay Competition. TOPIC: “How can Tax Administrators adapt to the challenges [...] 
The under mentioned applications have been received for the grant of Certificates for the issue of Excise Licences under the provision of Section 10 (4) of the Intoxicating Liquor Licensing Act, Chapter 82:21. NEW LICENCE NO. TYPE OF LICENCE NAME AND ADDRESS OF LICENCEE SITUATION OF PREMISES IN RESPECT OF WHICH APPLICATION WAS MADE 1 [...] 
The Guyana Revenue Authority (GRA) wishes to advise all taxpayers that in its quest to continually improve the quality and efficiency of services, effective August 31, 2023, the GRA will be discontinuing the usage of cheques for the payment of refunds of VAT and other taxes. All refund payments will now be done electronically utilising [...] 
The following list of Professionals were approved for Tax Practice as at June 30, 2023. MEDICAL PRACTITIONERS NO. NAME PROFESSION 1 DWAYNE VALIDUM Medical Practitioner 2 VARUN BUDHRAM Medical Practitioner 3 DEOWNARINE LALJEIT Medical Practitioner 4 FREDERICK DEANE Medical Practitioner 5 MIKHAILA PURAN Medical Practitioner 6 MAYDA BEHARRY Medical Practitioner 7 CHANDRA KUMAR Medical Practitioner [...]