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Grant Thornton’s Advisory services are designed to help organizations tackle challenges, seize opportunities, and achieve sustainable growth. Their expertise...
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AML/CFT Compliance Support
Grant Thornton Aruba offers expert AML/CFT services to help businesses ensure compliance with anti-money laundering and counter-terrorism financing regulations. Our tailored solutions safeguard your operations and support regulatory adherence.
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Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
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Learn about corporate governance in Guyana, focusing on transparency, accountability, and ethical business practices. Explore policies, regulations, and initiatives that ensure responsible corporate leadership and sustainable growth in Guyana's economy - Grant Thornton Guyana
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Our tax services help you gain trust and stay ahead, enabling you to manage your tax transparently and ethically.
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Guyana Tax Services
Guyana Tax Services
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[EN] Guyana Summary 2022
03 Aug 2022
As of January 1, 2022, the Guyana tax legislation has seen some changes which were enacted by the Fiscal Enactments (Amendment) Act 2022. The tax measures are among others:
- The cranes, safety equipment, and oil spill response equipment are exempt from VAT.
- The 2% withholding tax on payments made to Guyana resident contractors has been eliminated.
- The portion of income subject to 28% has been increased from GYD 1,560,000 (USD 7,413) to GYD 1,800,000 (USD 8,522).
In this document, we provide you with an updated summary of the applicable taxes in Guyana such as the corporation tax, withholding taxes, VAT, and import duties.
![[EN] Guyana Summary 2022](/dist/images/pdf-covers/horizontal.svg)