Tax Overview in Guyana

Tax overview for Guyana (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.

Guyana · tax year 2025 · changed 25 Jun 2026

Not yet approved

Built from the law

Use this skill in your AI.

Free in Claude, Cursor and Slack. Your AI follows it, with sources.

Add to your AI View on GitHub

Key figures: Guyana, 2025

Every figure is drawn from this skill and cited to its source.

Tax (income) year

Calendar year, 1 January to 31 DecemberIncome Tax Act (Cap 81:01)View source ↗

Currency

Guyanese dollar (GYD / G$)Bank of Guyana / Income Tax Act (Cap 81:01)

Tax authority

Guyana Revenue Authority (GRA), headed by the Commissioner-GeneralRevenue Authority ActView source ↗

Basis of taxation

Source-based; income arising in or derived from Guyana is taxable. Residents are taxed on Guyana-source income (foreign income generally taxed when remitted/received in Guyana). ((approx — confirm))Income Tax Act (Cap 81:01)View source ↗

Headline personal income tax rates

25% on first G$3,120,000 of chargeable income annually; 35% on the excessIncome Tax Act (Cap 81:01) / Budget 2025View source ↗

Headline corporate income tax rates

Commercial companies 40%; non-commercial companies 25%Corporation Tax Act (Cap 81:03)View source ↗

Does VAT exist?

Yes — Value-Added Tax at a standard rate of 14% (and 0% zero-rating)Value-Added Tax Act 2005View source ↗

Main annual income/corporation tax filing deadline

30 April following the income year (both individuals and companies)Income Tax Act (Cap 81:01) / Corporation Tax Act (Cap 81:03)View source ↗

The full skill

The system at a glance

Guyana operates a source-based income tax system administered by the Guyana Revenue Authority (GRA). Personal and corporate income taxes, VAT, and National Insurance (NIS) contributions are the main charges. Figures below reflect the 2025 tax year and Budget 2025 changes.

Tax (income) year — Calendar year, 1 January to 31 December (Income Tax Act (Cap 81:01))
Currency — Guyanese dollar (GYD / G$) (Bank of Guyana / Income Tax Act (Cap 81:01))
Tax authority — Guyana Revenue Authority (GRA), headed by the Commissioner-General (Revenue Authority Act)
Basis of taxation — Source-based; income arising in or derived from Guyana is taxable. Residents are taxed on Guyana-source income (foreign income generally taxed when remitted/received in Guyana). ((approx — confirm)) (Income Tax Act (Cap 81:01))
Headline personal income tax rates — 25% on first G$3,120,000 of chargeable income annually; 35% on the excess percent (Income Tax Act (Cap 81:01) / Budget 2025)
Headline corporate income tax rates — Commercial companies 40%; non-commercial companies 25% percent (Corporation Tax Act (Cap 81:03))
Does VAT exist? — Yes — Value-Added Tax at a standard rate of 14% (and 0% zero-rating) (Value-Added Tax Act 2005)
Main annual income/corporation tax filing deadline — 30 April following the income year (both individuals and companies) (Income Tax Act (Cap 81:01) / Corporation Tax Act (Cap 81:03))
Capital gains tax — 20% on net chargeable gains; assets held under 12 months taxed as ordinary income percent (Capital Gains Tax Act (Cap 81:20))
Social security — National Insurance Scheme (NIS) — total 14% of insurable earnings (8.4% employer, 5.6% employee) percent (National Insurance and Social Security Act (Cap 36:01))

Work with us

Approval history

Past review records describe the work recorded at the time. The approval shown at the top of this skill applies to the current text.

No historical approval records.

Issue history

No issues recorded.

More Guyana skills

Company Formation in Guyana Income Tax in Guyana Payroll Social in Guyana VAT GST in Guyana

See all Guyana skills →

General reference, not advice on your facts. Check with a professional before you file or pay.

The system at a glance

Tax (income) year — Calendar year, 1 January to 31 December (Income Tax Act (Cap 81:01))

Currency — Guyanese dollar (GYD / G$) (Bank of Guyana / Income Tax Act (Cap 81:01))

Tax authority — Guyana Revenue Authority (GRA), headed by the Commissioner-General (Revenue Authority Act)

Basis of taxation — Source-based; income arising in or derived from Guyana is taxable. Residents are taxed on Guyana-source income (foreign income generally taxed when remitted/received in Guyana). ((approx — confirm)) (Income Tax Act (Cap 81:01))

Headline personal income tax rates — 25% on first G$3,120,000 of chargeable income annually; 35% on the excess percent (Income Tax Act (Cap 81:01) / Budget 2025)

Headline corporate income tax rates — Commercial companies 40%; non-commercial companies 25% percent (Corporation Tax Act (Cap 81:03))

Does VAT exist? — Yes — Value-Added Tax at a standard rate of 14% (and 0% zero-rating) (Value-Added Tax Act 2005)

Main annual income/corporation tax filing deadline — 30 April following the income year (both individuals and companies) (Income Tax Act (Cap 81:01) / Corporation Tax Act (Cap 81:03))

Capital gains tax — 20% on net chargeable gains; assets held under 12 months taxed as ordinary income percent (Capital Gains Tax Act (Cap 81:20))

Social security — National Insurance Scheme (NIS) — total 14% of insurable earnings (8.4% employer, 5.6% employee) percent (National Insurance and Social Security Act (Cap 36:01))