Is there a tax-free sum (statutory deduction) applicable in Guyana?

• Modified on: Fri, 10 Nov, 2023 at 11:49 AM

Yes, one-third of the person's income earned on an annual basis with a minimum of Nine Hundred Thousand Guyana Dollars (G$900,000) will be allowed as a deduction (or tax-free sum) to determine taxable income thereafter.