Guyana Tax Calculator (2026)
Income tax rates and take-home pay for Guyana
Guyana Income Tax Brackets (2025)
| Bracket | Income Range | Rate |
|---|---|---|
| Standard rate | GYD 0 - GYD 3,360,000 | 25.0% |
| Higher rate | GYD 3,360,000+ | 35.0% |
Personal allowance: GYD 1,680,000
National Insurance (Employee)
| Bracket | Income Range | Rate |
|---|---|---|
| NI contribution rate | GYD 0+ | 5.6% |
Capped at GYD 188,160 per year
Key Facts
Tax Year
2025
Currency
GYD
Top Rate
35.0%
Brackets
2 brackets
Allowance
GYD 1,680,000
Social Contributions
1 item
Assumptions
- · Personal allowance is the greater of GYD 1,680,000 or 1/3 of income per annum.
- · National Insurance (NI) employee contribution of 5.6% is deductible from gross income before income tax calculation.
- · NI contributions are capped at GYD 280,000 per month (GYD 3,360,000 per annum).
- · Tax brackets apply to chargeable income (after personal allowance deduction).
- · Mortgage interest relief is available but requires individual itemization; not modeled for representative salary comparison.
- · Model assumes standard resident employee with no special deductions or credits beyond the personal allowance.
- · Capital gains tax, VAT, stamp duty, and other consumption taxes excluded as not applicable to employment income.
Frequently asked questions
How much income tax do I pay in Guyana as an employee?
Guyana has a two-tier income tax system. You pay 25% on chargeable income up to GYD 3,360,000 per year, and 35% on any income above that threshold. Your chargeable income is calculated after deducting your personal allowance, which is the greater of GYD 1,680,000 or one-third of your gross income.
What is the National Insurance contribution in Guyana and is it deductible?
As an employee in Guyana, you contribute 5.6% of your gross income to National Insurance, with a maximum annual contribution of GYD 188,160. This contribution is deductible from your gross income before income tax is calculated, which reduces your overall tax burden.
What is the personal allowance in Guyana and how does it work?
Your personal allowance in Guyana is the greater of GYD 1,680,000 or one-third of your annual gross income, whichever is higher. This allowance is subtracted from your income to determine your chargeable income, on which the income tax rates then apply.
Do I get tax relief on mortgage interest in Guyana?
Yes, mortgage interest relief is available to residents in Guyana, but it requires individual itemization and documentation. This relief is not automatically applied in standard tax calculations, so you would need to claim it separately when filing your tax return if you qualify.
Is there a cap on National Insurance contributions in Guyana?
Yes, National Insurance employee contributions are capped at GYD 188,160 per year (or GYD 280,000 per month). Once you reach this maximum contribution for the year, no further NI deductions are taken from your salary, regardless of how much more you earn.
Other tax calculators
Compare Guyana with another country
See side-by-side tax breakdowns for any two countries