How exactly does the Second Job allowance work in Guyana payrolls?
The Second Job Allowance is a tax- benefit for employees and is applicable on a second- job income in addition to their full- time primary income source. It allows up to GYD 50,000 per month of income from a second job to be tax-free, reducing the PAYE and overall Income tax payable.
The annual allowance in 2025 is GYD 600,000. The exemption cannot exceed GYD 50,000 per month and is based on the employees’ earnings period. If monthly earnings are less than GYD 50,000, the allowance is limited to the actual amount earned.
To benefit from this allowance, employees must inform their second employer about their full-time primary employment.
The tax-free Second job income is not included in the base wages from which the Personal Allowance is calculated.
Only taxed Second job income increases this basewage for Personal Allowance.
The Second job allowance is NOT applied automatically in Celery. If an employee is entitled to this allowance, you must manually enable the Second Job Allowance (Employees/Choose Employee/Taxes and Premiums/Second Job allowance).