GRA has $500M in uncollected tax refunds

The Guyana Revenue Authority (GRA) has over $500 million in uncollected refunds from since 2012.

According to GRA’s Commissioner-General Khurshid Sattaur, the situation is due to the fact that taxpayers are not checking with the GRA to see if they qualified for a tax refund.

Sattaur also told a press briefing at the GRA’s head offices on Camp Street on Tuesday that when taxpayers don’t update their TIN (Taxpayer Identification Number) information, the GRA has a hard time notifying persons of their current tax situation.

He said that the GRA would like to have people use their TINs as identification but noted that people did not regard the TIN with respect and couldn’t even be bothered to update addresses to ensure the GRA could properly contact them.

It was also noted that in the past when persons received a refund letter from GRA, many of them were often trashed because persons assumed the letters were requests for more taxes.

Sattaur also stated that since the GRA’s main offices moved to Camp Street, there is one office for payment of taxes and collection of refunds, which was somewhat of an inconvenience. However, he said he had hoped this would have forced persons to utilise the recent online tax payment service offered.

He noted that the GRA does advertise refunds on its website. The GRA head said that employers and employees had to take a more proactive approach to how their taxes are being paid and how much taxes are being paid. He said that employees who have a firm grasp of how taxes are calculated would have a general idea if they are paying too much tax and if they would qualify for a refund.

He said that in some instances employers have been delinquent and as a result employees do not have an understanding of their tax situation. Sattaur noted that the GRA would need to be more publicly savvy in 2014 to ensure that the public was more educated.

The GRA is responsible for collecting over $135.5 billion in taxes this year.

More in Local News


About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Get the day's headlines from SN in your inbox every morning:

Most Read This Week

  1. Ramesh Manbodh

    Man beaten with bat passes away

  2. Bibi Shareema (left) and her mother Bibi Shameela in
happier times

    Greenwich Park woman died 44 days after brutally stabbed by ex-partner

  3. Fast food lovers inside KFC yesterday

    KFC back in business

  4. Bharrat Jagdeo

    Meeting of Cabinet at GDF HQ pilloried by Jagdeo

  5. Ameer Abdool Subrati

    Man dies after bandits target overseas-based couple at Herstelling

  6. The building housing the home and grocery

    Bandits invade Alness businessman’s house, shots fired

  7. Alimudeen Gobin’s demolished house

    Violent storm lashes No. 19 Village

  8. Bharrat Jagdeo

    Crime has never been this bad – Jagdeo

  9. The ganja found in Prashad Nagar (Police photo)

    Police find 52 lbs of ganja in Prashad Nagar house

Recommended For You