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Guyana Individual Income Tax Changes for 2025

12 February 2025

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Approved Changes

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Guyana

The Guyana Revenue Authority has issued a notice to employers, employees, and self-employed persons on individual income tax changes for 2025. Income tax computation schedules for individuals have also been published. The main points are as follows (see the notice for detailed computations). --- Notice to Employers, Employees and Self-Employed Persons (REVISED PERSONAL ALLOWANCE AND DEDUCTIONS FOR INCOME TAX 2025) Effective January 1, 2025, the Income Tax (Amendment) Act No. 2 of 2025 amends the personal income tax allowance and provides for additional non-taxable deductions for employed and self employed individuals. Hereunder are the key updates: INCOME TAX RATES: Section...