- Ministry of Finance and Guyana Revenue Authority (GRA) will give directive on removing VAT and Duty on sport equipment
- G$4.6 billion allocated for sport in Budget 2024
- Vice-President clarified that vehicles are not considered sport equipment
- GRA submitted a list of qualifying sport equipment to the Ministry of Finance
- Feedback from sport fraternity highlighted the need to remove VAT on basic sport equipment like balls
Source: newsroom.gy
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Guyana"
- Guyanese 2026 Budget: VAT Relief, Excise Tax Freeze, and Extended Import Tax Adjustments
- Guyana Jewellery Association Applauds VAT Removal on Locally Produced Jewellery in Budget 2026
- 2026 Budget Proposes Tax Cuts on Furniture, Jewelry, Security Equipment, and Eco-Friendly Vehicles
- Guyana Exempts Key Construction Materials from VAT to Boost Development
- Guyanese 2025 Budget: VAT Removed on Agricultural Machinery, Poultry Pens, Veterinary Supplies, and Generators
