Budget 2024: Income tax threshold now $100,000

The content originally appeared on: INews Guyana

Finance Minister Dr Ashni Singh has announced that the income tax threshold is now $100,000.

Last year, the income tax threshold had moved from $75,000 to $85,000, resulting in some 12,000 taxpayers being removed from the tax net.

In 2022, the threshold was raised from $65,000 to $75,000.