Reference is made to the article titled 'First Audit of Oil expenses found $214m in questionable claims by Exxon and partners' which was featured in the Sunday edition of the Stabroek News dated April 02, 2023, and continued in the…
The GRA wishes to remind Self-employed individuals that they are required to attach their final accounts, which should be prepared on an accrual basis when submitting their Individual Income Tax Return. These accounts include the following: • Income or Profit…
The Guyana Revenue Authority hereby notifies the General Public that all Partnerships must submit a Partnership Return. This requirement is in accordance with Section 66 of the Income Tax Act Chapter 81:01. Notwithstanding this, each partner is still obligated to…
Georgetown, GRA, March 28, 2023: In response to an article published in the Stabroek News dated March 22, 2023, captioned ‘Poultry producers upset at chicken smuggling- GRA says addressing issue', Guyana Revenue Authority (GRA) wishes to remind the public that smuggling…
The Guyana Revenue Authority continues to outline the application of Value-Added Tax (VAT) to specific goods and services. This policy therefore provides a better understanding with respect to zero-rated supplies and guidance on the items, which are zero-rated. Zero-rated supplies…
The following forms the guiding principle with respect to the registration of promoters of public entertainment: In accordance with Section 11 (8) of the Value-Added Tax Act, Chapter 81:05, “…., a promoter of public entertainment, and licensees and proprietors of…
The following forms the guiding principle with respect to Charitable Organisations. These organisations are exempt for the purposes of VAT in keeping with Section 18 of the Value Added Tax Act, Chapter 81:05, which provides for all services listed in…
The Guyana Revenue Authority has dealt with VAT Registration in prior publications; however, there is a need to highlight the law governing the Cancellation of VAT Registration. This policy therefore seeks to provide information regarding the persons eligible, rules and…
Annual Report - 2016 As provided under Section 28 of the Revenue Authority Act, No.13 of 1996 and with the authorization of the Board, the Report of the Governing Board, on the activities, financial affairs, operations and performance of the…
Annual Report - 2015 As provided under Section 28 of the Revenue Authority Act, No.13 of 1996 and with the authorization of the Board, the Report of the Governing Board, on the activities, financial affairs, operations and performance of the…
