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Tag Archives: tax reductions

GRA waives all taxes on supplies needed to fight, treat COVID-19

The Guyana Revenue Authority (GRA) has announced a waiver of value added tax (VAT) and duties on all medical supplies for testing, prevention and treatment of the coronavirus (COVID-19), that has so far claimed the life of one woman and afflicted four other persons. The tax collection agency says the waiver is not limited to soaps, disinfectant sprays, hand sanitizers, ...

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Tax reductions, incentives being considered -Finance Minister

Finance Minister Winston Jordan on Wednesday announced that the value added tax (VAT) is likely to be reduced to 12 percent as part of an overall package of tax reductions and concessions on building materials and certain productive sectors. Jordan, who has been on the 2020 election campaign trail, told a sod-turning ceremony for two internationally-branded hotels, that corporation and ...

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