Gy Income Tax

---
name: gy-income-tax
description: "Source-cited draft: personal income tax for Guyana (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review."
license: "AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)"
metadata:
  source: openaccountants
  openaccountants_url: "https://www.openaccountants.com/skills/gy-income-tax"
  jurisdiction: "GY"
  tax_year: "2025"
  last_updated: "2026-07-13"
---

# Guyana Personal Income Tax

## Personal income tax rates and bands

- **First band rate** — 25% on the first G$3,120,000 of chargeable income per year percent (Budget 2025 cut entry rate and raised threshold)  _(Income Tax Act (Cap 81:01) / Budget 2025 — https://www.gra.gov.gy/income-tax-rates-threshold/)_
- **Top band rate** — 35% on chargeable income exceeding G$3,120,000 per year percent  _(Income Tax Act (Cap 81:01) / Budget 2025 — https://www.gra.gov.gy/income-tax-rates-threshold/)_
- **Personal allowance / tax-free threshold** — G$130,000 per month (G$1,560,000 per year) or one-third of income, whichever is greater GYD  _(Income Tax Act (Cap 81:01) / Budget 2025 — https://www.gra.gov.gy/notice-to-employers-employees-self-employed-persons-revised-personal-allowance-and-deductions-for-income-tax-2025-copy/)_
- **Monthly first-band ceiling (25% applies up to)** — G$260,000 of chargeable income per month GYD  _(Income Tax Act (Cap 81:01) / Budget 2025 — https://www.gra.gov.gy/income-tax-rates-threshold/)_
- **Overtime relief** — First G$50,000 of monthly overtime pay is tax-free GYD  _(Income Tax Act (Cap 81:01) / Budget 2025 — https://dpi.gov.gy/income-tax-threshold-increased-to-130000/)_
- **Second-job relief** — First G$50,000 of monthly income from a second job is tax-free GYD  _(Income Tax Act (Cap 81:01) / Budget 2025 — https://dpi.gov.gy/income-tax-threshold-increased-to-130000/)_
- **NIS contribution deduction** — Employee NIS contributions are deductible before computing chargeable income (allowable deduction) ((approx — confirm))  _(Income Tax Act (Cap 81:01) — https://www.gra.gov.gy/notice-to-employers-employees-self-employed-persons-revised-personal-allowance-and-deductions-for-income-tax-2025-copy/)_
- **Non-resident individuals** — Taxed on Guyana-source income; same rate scale generally applies, with WHT on certain payments. Personal allowance availability to non-residents is restricted. ((approx — confirm))  _(Income Tax Act (Cap 81:01) — https://taxsummaries.pwc.com/guyana/individual/taxes-on-personal-income)_
- **Residence test** — An individual is generally treated as resident if present in Guyana for 183 days or more in the income year, or who maintains a permanent place of abode in Guyana. ((approx — confirm))  _(Income Tax Act (Cap 81:01) — https://taxsummaries.pwc.com/guyana/individual/residence)_
- **Individual return filing & payment deadline** — 30 April following the income year  _(Income Tax Act (Cap 81:01) — https://gra.gov.gy/optimal/individual-income-tax-return/)_
- **Self-employed advance (quarterly) payments** — Quarterly advance instalments due 1 April, 1 July, 1 October and 31 December; balance by 30 April of the following year  _(Income Tax Act (Cap 81:01) — https://taxsummaries.pwc.com/guyana/individual/tax-administration)_
- **Late filing/payment surcharge** — Additional 10% charge on outstanding tax where return not filed and balance not paid by 30 April  _(Income Tax Act (Cap 81:01) — https://taxsummaries.pwc.com/guyana/corporate/tax-administration)_

## Today's figures and who stands behind this skill

This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call `get_skill` with slug `gy-income-tax` on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/gy-income-tax. If neither is available, confirm every figure against the official source pages cited above before relying on it.