Tag: tax

Special tax incentives for families led by single women

Posted on by Kayleigh Carter

Families led by single mothers will receive special tax incentives, President Irfaan Ali said on Sunday.

Speaking at a rally in Bath, Region Five, Ali described women as “the bedrock of development.”

He said single mothers can expect special tax incentives when the People’s Progressive Party/Civic is reinstated to government after the September 1 General and Regional Elections.

Ali said more focus will be placed on the development of women, noting that “70 per cent of our graduates today are young women.”

Previously, such a statistic was unheard of in the country, as many women, Ali noted, had been forced to set aside professional and educational goals to raise families.

With more opportunities now available, women are taking the lead, he said. To support them, the government will build childcare facilities in every region.

In addition, the Menstrual Hygiene Initiative under the Office of the First Lady, which provides young women with sanitary supplies for a year, will be expanded to remove all taxes on sanitary and other basic supplies. (DPI)

Productive sectors to benefit from tax cuts, oil and gas expansion for Berbice

Posted on by Kayleigh Carter

President Dr Irfaan Ali has announced a “marked reduction in taxes” for Guyana’s productive sector, with a strong focus on agriculture, as part of a sweeping development agenda.

He was at the time addressing more than 25,000 supporters at the People’s Progressive Party Civic (PPP/C) rally in Albion, Berbice.

“Yes, our productive sector, especially agriculture, will see marked reduction in taxes and massive growth in support and subsidy for our farmers.”

Ali also said Berbice would become home to the country’s second oil and gas hub. “You are voting because we will ensure that you have hotels built here that will create jobs, you are voting because the second oil and gas hub will be here in Region Six,” he said.

The president outlined a range of initiatives including the construction of a teaching hospital in New Amsterdam, a national cultural market, a new power plant, and a data centre driven by artificial intelligence.

“You are voting because your region will have the most sophisticated and state-of-the-art technical school in all of the Caribbean and Latin America right here,” he said.

The president also pledged increased support for farmers through expanded access to land, new pasture for livestock, two feed plants, drying and storage facilities, crop insurance, drainage and irrigation systems, and a fertiliser plant.

“We are going to build our own fertiliser plant in Guyana so that you can have accessible, cheap fertiliser,” he said.

He reiterated his administration’s commitment to keeping the sugar and rice industries alive. “You are not only voting because we are going to keep sugar alive and keep those sugar jobs alive, you are voting because we will give our sugar workers more and we want them to be part of the ownership of the industry.”

Ali said by 2030, Region Six would become “the technical trading capital of the entire Caribbean” and urged voters to give the PPP/C a “massive majority.”

President Dr Irfaan Ali has announced a “marked reduction in taxes” for Guyana’s productive sector, with a strong focus on agriculture, as part of a sweeping development agenda.

He was at the time addressing more than 25,000 supporters at the People’s Progressive Party Civic (PPP/C) rally in Albion, Berbice.

“Yes, our productive sector, especially agriculture, will see marked reduction in taxes and massive growth in support and subsidy for our farmers.”

Ali also said Berbice would become home to the country’s second oil and gas hub. “You are voting because we will ensure that you have hotels built here that will create jobs, you are voting because the second oil and gas hub will be here in Region Six,” he said.

The president outlined a range of initiatives including the construction of a teaching hospital in New Amsterdam, a national cultural market, a new power plant, and a data centre driven by artificial intelligence.

“You are voting because your region will have the most sophisticated and state-of-the-art technical school in all of the Caribbean and Latin America right here,” he said.

The president also pledged increased support for farmers through expanded access to land, new pasture for livestock, two feed plants, drying and storage facilities, crop insurance, drainage and irrigation systems, and a fertiliser plant.

“We are going to build our own fertiliser plant in Guyana so that you can have accessible, cheap fertiliser,” he said.

He reiterated his administration’s commitment to keeping the sugar and rice industries alive. “You are not only voting because we are going to keep sugar alive and keep those sugar jobs alive, you are voting because we will give our sugar workers more and we want them to be part of the ownership of the industry.”

Ali said by 2030, Region Six would become “the technical trading capital of the entire Caribbean” and urged voters to give the PPP/C a “massive majority.”