Guyanese 2026 Budget: VAT Relief, Excise Tax Freeze, and Extended Import Tax Adjustments

• The 2026 budget proposes removing VAT on locally made furniture, jewelry, and security equipment.
• VAT will also be removed on specific vehicles.
• The zero percent excise tax rate on petroleum products will be maintained.
• The adjusted freight charges for import tax calculations will be extended until December 31.

Source: news.bloombergtax.com

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.

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