The government is proposing the the removal of Value Added Tax (VAT) on new electric vehicles (EV, not hybrid) of any power rating.
This is according to Finance Minsiter Dr. Ashni Singh, who explained that new vehicles refers to cars less than four years old.
Source: newsroom.gy
Latest Posts in "Guyana"
- Guyana Exempts Key Construction Materials from VAT to Boost Development
- Guyanese 2025 Budget: VAT Removed on Agricultural Machinery, Poultry Pens, Veterinary Supplies, and Generators
- Guyana Revenue Authority Announces 2025 Customshouse Brokers Programme Launch and Payment Details
- Guyana Revenue Authority Pursues Legal Action Over Fraudulent Luxury Car Import Tax Evasion
- Guyana Lowers Business Costs with VAT Amendments
