Capital Gains Tax Return

Who needs to submit this return?

 

When and Where does this return need to be submitted?

  • The due date for this Return is the 30th Nevertheless, you are encouraged to file as early as possible.
  • This return must be submitted to the Commissioner General, Guyana Revenue Authority at one of GRA’s offices or sites or P.O. Box 10406.

How to fill this Return

  • The Return and all required supporting documents must be submitted.  All spaces in the form should be completed. Where a line item is not applicable, you should write None, a –, or 0 if the item is a numeric field.  Failure to do so could result in any enquiry and delay in the processing of your return.
  • The Declaration section must be filled out and Return signed.

Explanation of terms

Header

Term Description
1 Year of Assessment Any capital gains received in one calendar year (Year of Income) must be reported in the following calendar year (Year of Assessment).
2 Amendment Tick this box if you are making changes to a Return that was already submitted to the GRA.

Property

An approved copy of plan

Contractor’s estimate

Bills and receipts to support

Photographic evidence

 

 

Surrender of right in a Property

 

Redemption of Share and Debentures

Share certificate

 

 

 

Amalgamation or merger of businesses/companies

Agreement

Net Book Value of assets that are being transferred