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Updated: Some license fees to increase – Finance Minister

Finance Secretary, Dr. Hector Butts (left) and Finance Minister Winston Jordan make their way to the National Assembly for the presentation of the 2016 National Budget.

Even as government increased the Income Tax threshold from GYD$50,000 to GYD$55,000, it announced that a range of fees would increased.

In relation to public sector wages and salaries, Finance Minister Winston Jordan  did not announce a specific increase in wages and salaries because that would be subjected to negotiations with the trade unions.

They include gun licenses. No specific details were given but FJordan signaled in the 2016 National Budget that huckster, motor vehicle, and operators of rice factories would have to pay more.

At the same, time he said effective April 1, 2016 all Guyanese citizens 65 years and older will no longer be required to pay for a driver’s licence and that effective April 1, 2016 all Guyanese citizens 65 years and older will be exempt from travel tax when travelling overseas on a Guyanese passport. However, they will still be required to pay the Airport Security Tax of $1,500.

The new gun license fees:

Type of Licence Current Fee ($) New Fee ($)
Shotgun

Handgun

Rifle

Dealer’s

2,000

5,000

5,000

7,500

5,000

25,000

40,000

150,000