After holding out against their workers since October of last year by continuing the deduction of taxes on overtime and all premium hours worked, the Bauxite Company of Guyana Incorporated (BCGI), a subsidiary of the Russian-owned RUSAL, has finally agreed to comply with the law.
In August last year then Minister of Social Protection Volda Lawrence had announced that effective 1st October, 2016, workers of BCGI would be exempted from paying taxes on the overtime and premium hours worked.
However, BCGI has been ignoring the ruling and it wasn’t until the Guyana Trades Union Congress (GTUC) threatened the company with a strike by workers this week that action was taken.
