Individual - Significant developments

Last reviewed - 01 February 2024

Proposed fiscal and tax measures

The 2024 National Budget was presented on 15 January 2024. During their presentation, the government proposed certain fiscal and tax measures. It is expected that some of the proposed measures will be enacted in the coming months. Until such time, the following changes do not form part of Guyana's tax legislation.

Personal income tax (PIT) 

Proposed PIT measures are as follows:

  • Increase in monthly income tax threshold from 85,000 to 100,000 Guyanese dollars (GYD).