Wednesday, April 4, 2012

Lowering VAT will not help average wage earner - GRA Commissioner General

Amid criticisms for government refusing to lower the rate of the Value Added Tax (VAT), Guyana Revenue Authority (GRA) Commissioner General Khurshid Sattaur said he has not seen any case to justify such a move.

Airing his views on a TVG programme titled “Under the Microscope” on Monday, Sattaur said a reduction in VAT would not benefit persons whose income are below the threshold since the items they consume on a daily basis do not get taxed.
In defence of the tax, Sattaur said all commentators who have been pontificating on the tax system fail to explain how a reduction in the VAT rate would improve the circumstances of the average wage earner. By increasing the income tax threshold, the government has placed more purchasing power directly in the pockets of all Guyanese earning over $40,000 per month, said Sattaur.


  1. Most zero rated items are vital food supplies. VAT is on items we can do almost without, such as those sportscars Christopher Ram son is bringing in the country to flaunt. I suspect that Rajendra is in a stolen car racket in Florida. Maybe those vehicles aren't paid out in full, or he violated leasing terms.
    Christopher Ram wants to lower the VAT so he can import vehicles for the female employees he's anally involved in. Fudge packer Mr.Christopher Ram.

  2. Hope that some of these people had listened to that.The opposition is trying to mislead the people about this VAT,we has Guyanese need to read and learn more about the VAT and stop complaining and following the misleader.