Guyana reduces VAT to 14%
- 22 January 2017 | Richard Asquith
Guyana will cut its standard VAT rate from 16% to 14% from 1 February 2017.
Other changes to the VAT regime include:
- Domestic electricity and water supplies will be subject to VAT
- An increase in the VAT threshold to GYD 15million
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.