Guyana Tax Calculator (2026)
Income tax rates and take-home pay for Guyana
Guyana Income Tax Brackets (2025)
| Bracket | Income Range | Rate |
|---|---|---|
| Income Tax Lower Bracket | GYD 0 - GYD 2,400,000 | 28.0% |
| Income Tax Upper Bracket | GYD 2,400,000+ | 40.0% |
National Insurance Scheme (NIS)
| Bracket | Income Range | Rate |
|---|---|---|
| Employee Contribution | GYD 0 - GYD 3,360,000 | 5.6% |
| Above Ceiling | GYD 3,360,000+ | 0.0% |
Capped at GYD 188,160 per year
Key Facts
Tax Year
2025
Currency
GYD
Top Rate
40.0%
Brackets
2 brackets
Allowance
None
Social Contributions
1 item
Assumptions
- · Resident personal allowance used: the greater of GYD 1,200,000 or 1/3 of income.
- · National Insurance Scheme (NIS) contributions are non-deductible for income tax purposes based on standard employment deduction rules in Guyana.
- · Property (net wealth) tax is excluded as it is not assessed on employment income.
Frequently asked questions
What are the income tax brackets in Guyana?
Guyana has two income tax brackets: the first bracket applies to income up to GYD 2,400,000 at a rate of 28%, and the second bracket applies to income above GYD 2,400,000 at a rate of 40%. Your personal allowance is calculated as the greater of GYD 1,200,000 or one-third of your income, which is deducted before tax is calculated.
How much do I pay in National Insurance Scheme contributions?
As an employee in Guyana, you contribute 5.6% of your gross income to the National Insurance Scheme (NIS), up to a maximum annual contribution of GYD 188,160 (which applies to income above GYD 3,360,000). Note that NIS contributions are not deductible from your taxable income for income tax purposes.
What's my take-home pay after taxes and contributions in Guyana?
Your take-home pay is calculated by subtracting both income tax and National Insurance Scheme contributions from your gross income. Income tax is applied to your income after your personal allowance deduction, while NIS contributions are calculated on your full gross income but capped at GYD 188,160 per year.
Do I pay state or regional income taxes in Guyana?
No, Guyana does not have state or regional income taxes. The income tax rates and brackets shown are nationwide and apply equally to all residents regardless of where they live within the country.
Is there a personal allowance or tax-free threshold in Guyana?
Yes, Guyana offers a personal allowance equal to the greater of GYD 1,200,000 or one-third of your income, whichever is higher. This amount is deducted from your income before the income tax brackets are applied, effectively reducing your taxable income.
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