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Despite global challenges including the war in Ukraine and continued effects of Covid-19, all of which had a direct impact on prices, Guyana earned the title of fastest growing economy in the world.This year’s budget was presented by Senior Minister of Finance, Dr. Ashni Singh under the theme...

The Order to give effect to an increase in the National Minimum Wage was signed by the Hon. Minister of Labour, Joseph Hamilton, on 24 June 2022. The new rates, which are applicable to all categories of workers, comes into effect on 1 July 2022.The Order also limits the normal work week to 40...

The legislation to give effect to certain tax measures announced by the Honourable Dr. Ashni K. Singh, Senior Minister with Responsibility for Finance in his budget presentation on 26 January 2022 has now been gazetted. In this newsletter, we summarise amendments to the Income Tax Act which are...

Highly anticipated, Budget 2022 was presented on 26 January by the Honourable Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni K. Singh, under the theme “Steadfast against all challenges, resolute in building our One Guyana.”With 19.9% growth in Real GDP...

Our video series looking at the employer, employee and private individual issues around working from anywhere.

BDO has published a COVID-19 supplement to its 31 December 2021 Illustrative IFRS Financial Statements. This publication includes disclosures that may arise as a result of COVID, as well as dozens of illustrative examples relating to going concern, impairment of assets, government assistance...

BDO has published its 31 December 2021 Illustrative IFRS Financial Statements. This update includes disclosures relating to the adoption of amendments to IFRS 16 – COVID-19 Related Rent Concessions beyond 30 June 2021. Click here to download.