In a continued effort to provide guidance and quality service to stakeholders and the general public on various issues regarding the application of Value-Added Tax (VAT), the Guyana Revenue Authority has prepared this policy to offer clarification on matters regarding…
The Guyana Revenue Authority (GRA), in its continued effort to sensitize the public on matters of interest, has prepared the following policy to provide guidance on Value-Added Tax (VAT) on Spectacles. According to the Concise Oxford English Dictionary, spectacles are…
The Guyana Revenue Authority (GRA), in its continued effort to sensitize the general public on matters of interest, has prepared the following policy to provide guidance on Value-Added Tax (VAT) on Financial Services. Section 18 of the Value-Added Tax (VAT)…
The following is the Guyana Revenue Authority’s Value-Added Tax (VAT) guiding principle in relation to application for refunds. Many taxpayers have been querying whether they are required to apply to the VAT Department each month for refunds in respect of…
Contrary to reports in the press, the Guyana Revenue Authority (GRA) has NOT commenced the registration of electric bikes, electric cycles, and electric golf carts presently seen traversing the roads in Guyana. Discussions are being pursued between GRA, the Guyana…
1. Guyana Revenue Authority hereinafter referred to as “the Employer”, invites eligible bidders to submit their bids for execution of: Construction of Warehouse Building for Guyana Revenue Authority, Lethem Region No. 9. 2. Interested bidders may peruse the bid document…
1. Guyana Revenue Authority hereinafter referred to as “the Employer”, invites eligible bidders to submit their bids for execution of: Construction of Lethem Integrated Regional Tax Office Building for Guyana Revenue Authority, Lethem Region No. 9. 2. Interested bidders may…
1. Guyana Revenue Authority hereinafter referred to as “the Employer”, invites eligible bidders to submit their bids for execution of: Construction of Lethem Integrated Regional Tax Office Living Quarters for Guyana Revenue Authority, Lethem Region No. 9. 2. Interested bidders…
Section 8 of the Income Tax Act, Chapter 81:01 has been amended accordingly to facilitate the increase in the statutory deduction, which has increased from nine hundred thousand dollars ($900,000) to one million, twenty thousand dollars ($1,020,000) in accordance with…
In accordance with the Income Tax (Amendment) Act No. 3 of 2023, the personal allowance or free pay for employed and self-employed individuals was revised and takes effect from January 1, 2023: The Annual Statutory Deduction in accordance with the…
