Guyana Income Tax Calculator 2026
PIT 28% flat rate, G$1,200,000 tax-free allowance.
Guyana Tax System
Personal Income Tax in Guyana is a flat 28% on all taxable income above the annual tax-free allowance of GYD 1,200,000. There are no progressive brackets — once income exceeds the threshold, the entire excess is taxed at 28%. This simple flat-rate system applies to all resident individuals, with NIS contributions deductible before calculating taxable income.
2026 Rates: PIT 28% flat, tax-free allowance G$1,200,000/year.
Guyana Income Tax Calculator 2026
PIT 28% flat rate, G$1,200,000 tax-free allowance.
Annual IncomeG$5,000,000.00
Tax-Free AllowanceG$1,200,000.00first G$1,200,000 exempt
Taxable IncomeG$3,800,000.00
PIT (28% Flat)G$1,064,000.0021.3% effective
Net Income After TaxG$3,936,000.00