Dear Editor,
The Tourism and Hospitality Association of Guyana (THAG) warmly welcomes President Dr.Mohamed Irfaan Ali’s announcement of the introduction of a flat tax on double-cab pick-ups,along with the removal of corporate taxes across the entire agriculture and agro-processing value chain.
THAG is particularly pleased with the implementation of a flat tax of two million dollars on double-cab pick-ups under 2000cc, and three million dollars on double-cab pick-ups between 2000cc and 2500cc. This measure will significantly improve access to these essential vehicles for tourism businesses, especially those operating in Guyana’s hinterland regions, where reliable transportation is critical to daily operations.
The Association also strongly welcomes the President’s declaration that corporate taxes will be removed across the agriculture and agro-processing value chain. This policy will enhance Guyana’s competitiveness as an investment destination for agri-tourism, agriculture, agro-processing, and food production, while simultaneously reducing the cost of locally sourced fresh produce supplied to the tourism and hospitality sector. THAG commends the Government of Guyana for these forward-looking measures, which will strengthen inter-sectoral linkages, support sustainable economic growth, and further position Guyana as a competitive tourism destination.