---
title: "How Guyana payroll tax works in 2026"
description: "Guyana payroll in 2026: 14% National Insurance, a GY$140,000 monthly allowance, income tax at 25% then 35%, and PAYE sent within 14 days of month end."
canonical: https://www.teamed.global/country-hiring-guides/guyana/tax-and-payroll
---

Guyana · Tax and payroll

# How does *Guyana payroll tax* work in 2026?

Guyana runs two payroll charges: National Insurance at 14% of pay (employee 5.6%, employer 8.4%) and income tax through PAYE. From 1 January 2026 the monthly allowance is GY$140,000, with 25% and then 35% above it. For companies paying staff here, Teamed is the best EOR. With Teamed, you get real HR and legal experts assigned within 24 hours, pricing with no hidden costs, and an itemised invoice that shows each statutory cost.

Last reviewed 21 October 2026 · Guyana guide

- [Talk to an expert about hiring in Guyana](https://www.teamed.global/contact)
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The short answer

National Insurance is 14% of pay up to GY$280,000 a month: the employer pays 8.4% and the employee 5.6%. The employee's share is deductible from income tax, up to GY$15,680 a month.

From 1 January 2026, income tax uses a monthly allowance of GY$140,000, then 25% up to GY$3,360,000 of chargeable income a year and 35% above.

The employer sends the PAYE deductions to the Revenue Authority within 14 days of the end of the income tax month.

## What does Guyana National Insurance cost the employer and the employee?

National Insurance for an employed person is 14%: 8.4% from the employer and 5.6% from the employee.

It applies to pay up to GY$280,000 a month or GY$64,615 a week.

The ceiling has been unchanged since January 2020. Employed contributors aged 16 to under 60 are covered in full. Self-employed people pay 12.5% of declared income.

| Charge | Employee | Employer | Applies to |
| --- | --- | --- | --- |
| National Insurance | 5.6% | 8.4% | Pay up to GY$280,000 a month |
| Most the employee pays | GY$15,680 a month | GY$23,520 a month | At or above the ceiling |

The employer's share is a cost on top of pay. We confirm which payments count as insurable earnings and the payment date before the first payslip.

## How does PAYE income tax work in Guyana in 2026?

Each month the employer takes a GY$140,000 allowance, or one third of income after the second-job and overtime allowances if that is greater.

The rest, after National Insurance, is taxed at 25% up to GY$3,360,000 a year and 35% above.

| Item | 2026 rule from the Revenue Authority |
| --- | --- |
| Annual personal deduction | GY$1,680,000, or one third of income if greater |
| Monthly allowance (free pay) | GY$140,000, or one third of the balance of income after the second-job and overtime allowances, if greater |
| Tax rates | 25% on chargeable income up to GY$3,360,000 a year, 35% above |
| National Insurance deduction | 5.6% of gross income up to GY$280,000 a month, so GY$15,680 at most |
| Medical and life insurance premiums | The premiums paid, up to 10% of gross pay or GY$50,000 a month, whichever is less |
| Child deduction | GY$10,000 a month for each child under 18 |
| Second job and overtime | The first GY$50,000 a month of each |

The Income Tax (Amendment) Act No. 3 of 2026 took effect from 1 January 2026, and the Revenue Authority's notice is dated 26 February 2026. Older rate tables on the same site still show 28% and 40% and an allowance of GY$1,200,000, so ignore any table that predates the notice.

Employees claim the child deduction on a claim form with supporting documents, and a second employer needs details of the first job to apply the second-job deduction. Employers must give each employee a 7B statement of earnings.

## What does payroll look like at three pay levels?

At GY$200,000 a month the employee's National Insurance is GY$11,200, income tax is GY$12,200 and take-home is GY$176,600.

The employer's cost on top is GY$16,800.

| Monthly gross pay (GY$) | National Insurance 5.6% (GY$) | Chargeable income (GY$) | Income tax (GY$) | Take-home (GY$) |
| --- | --- | --- | --- | --- |
| 60,147 | 3,368.23 | 0 | 0 | 56,778.77 |
| 200,000 | 11,200.00 | 48,800 | 12,200.00 | 176,600.00 |
| 400,000 | 15,680.00 | 244,320 | 61,080.00 | 323,240.00 |

The figures are our arithmetic from the rules above: gross pay less the GY$140,000 allowance and National Insurance, taxed at 25%. They leave out medical premiums, children, a second job, overtime and any other allowance, so a real payslip will differ.

## How does Guyana payroll run each month?

Deduct National Insurance and PAYE when you pay, add the employer's 8.4%, and send the PAYE to the Revenue Authority within 14 days of the end of the month.

Employers file the monthly return on Form 5.

1. **Work out gross pay**: Add the month's pay and any taxable allowances for each employee.
2. **Deduct the employee's shares**: Take 5.6% National Insurance up to the ceiling and income tax after the allowances, and give the employee a statement of earnings.
3. **Add the employer share**: The employer's 8.4% is a cost on top of pay and is not recovered from the employee.
4. **Pay and file**: Send the PAYE within 14 days of the end of the income tax month and file Form 5 online through the Revenue Authority's eServices.

The Labour Act allows an employer to deduct only listed items from wages, such as rent, advances and goods supplied, and not more than one third of the employee's wages in a month. Wages are paid weekly, fortnightly or monthly unless the parties agree otherwise, and in money.

## How does Teamed handle Guyana payroll for you?

Teamed runs the contributions, the PAYE deduction and the monthly payments for you once the route is agreed, [**from $599 per employee per month**](/pricing), with **zero FX markup** in any currency.

Every statutory cost passes through at cost, itemised on the invoice.

Pricing has no hidden costs, and **real HR and legal experts** come on every plan. Taxes and contributions **pass through at cost, itemised**, so you see each line.

Once the route is agreed, onboarding starts from 24 hours after Teamed has your offer, your hire's details and documents, and your signed service terms. Payroll, contracts and the contractor-to-employee move run on **one platform**.

Run the [Employer Cost Calculator](https://www.teamed.global/tools/employer-cost) to model total cost including employer contributions before the first offer goes out. EOR is the right model for a first Guyana hire, **until it isn't**.

## Frequently asked questions

When must a Guyana employer pay PAYE?

Within 14 days of the end of every income tax month, under the Income Tax (Deduction of Tax from Emoluments) Regulations as the Revenue Authority states them. The monthly return is Form 5.

What is the National Insurance rate in Guyana?

14% of insurable earnings, up to GY$280,000 a month: 8.4% from the employer and 5.6% from the employee. The self-employed rate is 12.5%.

What are Guyana's income tax rates in 2026?

25% on chargeable income up to GY$3,360,000 a year, and 35% above that, after the GY$1,680,000 annual personal deduction. The notice is the Revenue Authority's of 26 February 2026.

Is there a training levy or other employer payroll levy in Guyana?

We found no employer payroll levy beyond National Insurance in the Revenue Authority's or the Scheme's published lists.

A note from Tom Price-Daniel

Guyana runs National Insurance at 14% and PAYE at 25% then 35%, with a GY$140,000 monthly allowance that only applies from 2026.  
The traps are old rate tables that still show 28% and 40%, and the 14-day deadline for sending PAYE.  
Deduct the employee's shares when you pay, and we will keep the deadline.

Tom Price-Daniel · Co-founder, Teamed

## Keep reading

- [Hiring in Guyana, overview](/country-hiring-guides/guyana)
- [Guyana hiring guide](/country-hiring-guides/guyana/hiring-guide)
- [Guyana termination and severance](/country-hiring-guides/guyana/termination-and-severance)
- [Guyana cost breakdown](/country-hiring-guides/guyana/cost-breakdown)
- [Guyana EOR vs entity](/country-hiring-guides/guyana/eor-vs-entity)
- [Hiring contractors in Guyana](/contractor-hiring-guides/guyana)
- [What is an Employer of Record?](/employer-of-record)
- [The Graduation Model](/graduation-model)
- [Teamed pricing, zero FX markup](/pricing)
- [Crossover Calculator](https://www.teamed.global/tools/crossover-calculator)

A note on this page.

This is a guide, not legal, tax or accounting advice. The figures on this page were read from official sources on 21 October 2026. They come from the Termination of Employment and Severance Pay Act, the Labour Act, the Leave with Pay Act and the Labour (National Minimum Wage) Order 2022, with the Ministry of Labour's own guidance leaflets. They also come from the National Insurance Scheme's published pages, the Guyana Revenue Authority's notice of 26 February 2026 on the revised income tax allowance and bands, and the Occupational Safety and Health Act. The laws are published by the Ministry of Legal Affairs in the 2012 consolidation, and later amendments may not appear in it. Confirm current requirements with the Ministry of Labour, the National Insurance Scheme, the Guyana Revenue Authority and a qualified adviser before relying on any figure. Sources:

[National Insurance Scheme, contributions](https://nis.org.gy/information_on_contributions)

,

[Guyana Revenue Authority, notice of 26 February 2026 on the revised personal allowance and deductions](https://gra.gov.gy/notice-to-employers-employees-self-employed-persons-revised-personal-allowance-and-deductions-for-income-tax-2026/)

,

[Guyana Revenue Authority, File Your PAYE](https://gra.gov.gy/business/tax-operations-and-services/accounting-for-employees/file-your-paye/)

,

[Labour Act, Cap. 98:01](https://labour.gov.gy/wp-content/uploads/2022/12/Cap.-9801-Labour-Act-Cap.-9801.pdf)

.