The Guyana Manufacturing and Services Association (GMSA) is pushing for an incentives model that will galvanize the sector by allowing local manufacturers to benefit from tax concessions based on employment levels.
GMSA President Eon Caesar says the association is advocating the implementation of an “employment tax rebate scheme” or employment tax credit aimed at incentivizing both some existing companies as well as local start-up entities. He says the scheme is currently in place in Jamaica “and can work here.”
