Saying it believes that Guyana needs to make the right turn on to the right track and in the shortest period from day one, the AFC’s Action Plan sets out 26 changes that the party promises to deliver within its first year in office.
Among the changes is a reduction in VAT, from 16% to 12%. It also proposes to reduce the non-commercial (manufacturing) corporate tax from 30% to 25% in the first year and to 20% at the end of the first term. It adds that it would reduce the income tax from 33.3% to 25% and increase the PAYE tax-free threshold to $50,000.
In a bid to reform governance, the party promises to initiate a national discussion for constitutional reform and propose amendments
