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Implementation of 2023 Budget Measures for Motor Vehicles

The Guyana Revenue Authority (GRA) wishes to inform all importers, Licensed Customhouse Brokers and taxpayers that effective February 06, 2023, the following budget measures for 2023 were implemented for the following categories of motor vehicles: Excise Tax - Application of a flat rate of excise tax of Eight Hundred Thousand Guyana Dollars (G$800,000) on motor [...]

Smuggling of Narcotic Drugs and Illicit Items in Personal Effects Consignments

Georgetown, Thursday, February 2, 2023: The Guyana Revenue Authority (GRA) over the past few months has observed an alarming increase in the efforts to smuggle refined narcotic drugs and other such illicit items through personal consignments (barrels, boxes, packages, and containers) at all ports of entry into Guyana. Recently, the Authority and CANU seized quantities [...]

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% 2015 2016 $600,000 5.6% Jan. – Sept.-$170,812 Oct-Dec. -$200,000   - 30% 2016 2017 $660,000 5.6% (maximum of $220,000) - [...]

Issuance of Renewal Hire Car Driver’s Licence at IRTOs

The public is hereby notified that with effect from Monday, January 30, 2023, the Guyana Revenue Authority’s Integrated Regional Tax Offices (IRTO’s) located across the country will be facilitating the lodgement and issuance of Renewal Hire Car Driver’s Licences. Persons making an application for a Renewal Hire Car Driver’s Licence are required to present the [...]

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 Application form for a Trade and Miscellaneous Licence. Valid Form of Identification – Passport, National [...]

Fraud | Collusion Uncovered – Staff face stern disciplinary actions

Georgetown, Friday, January 21, 2023: The Guyana Revenue Authority (GRA) recently uncovered a number of fraudulent practices involving persons applying for various categories of licences. As a result, the agency took stern disciplinary actions, including the dismissal of employees. In an effort to prevent such practices, the Authority is cautioning members of the general public [...]

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 a transaction. Persons guilty of such unlawful actions are liable on summary conviction to fines [...]

Disposal of Motor Vehicles | Goods by Sealed Bids

The Guyana Revenue Authority (GRA) is inviting sealed bids for the purchase of Motor Vehicles / goods on a ‘As Is, Where Is’ basis. Inspection by interested bidders will be facilitated daily commencing Monday, January 16, 2023, and concluding on Friday, January 20, 2023, during the hours of 09:00hrs to 15:00hrs. The motor vehicles/Goods can [...]

Excise Notice: County of Essequibo (General Licensing Meeting)

In accordance with Section 10(4) of the Intoxicating Liquor Licencing Act, Chapter 82:21, the General Public is hereby notified that the First Quarterly General Licencing Meeting for the year 2023, of the District Licencing Board for the County of Essequibo, will be held on the following date: Friday, March 17, 2023 The meeting is scheduled [...]

Excise Notice: County of Demerara (General Licensing Meeting)

In accordance with Section 10(4) of the Intoxicating Liquor Licencing Act, Chapter 82:21, the General Public is hereby notified that the First Quarterly General Licencing Meeting for the year 2023, of the District Licencing Board for the County of Demerara, will be held on the following date: Thursday, March 9, 2023 The meeting is scheduled [...]