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Guyana Budget 2022 Delivered Including Support for Certain Imports, Individual Income Tax, and Other Measures

|Proposed Changes|Guyana
Guyana

Guyana's Finance Minister delivered the Budget 2022 on 26 January 2022. Specific tax measures of the budget include the following:

  • Measures to support the renewal of the industrial and commercial transport fleet, including:
    • removal of the 10% excise tax and 14% VAT on the import of new motor trucks of any tonnage for the transport of goods (new means vehicles less than four years old);
    • removal of the 14% VAT on the import of new haulers for pulling containers and similar vehicles for pullin…

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