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A call for a review of the tax system regarding vehicles

Nov 17, 2021 Letters

Dear Editor,

Kaieteur News – I pen this letter with increasing concerns that in this drive for developing Guyana, the Guyanese are the last to benefit if ever. What is the true benefit to Guyanese? Is it $25,000 Covid-19 relief fund or $19,000 cash voucher per child?

BUSINESS INCENTIVE FOR GUYANESE

Have you ever been to Go-Invest? If you need land or tax exemptions it’s the place to get help from. Guyana needs foreign investors. We need people with capital and knowledge to bring investment into Guyana. I am in no way denying this need. But we also need to have a level playing field so that Guyanese can also build and develop businesses. Guyanese need to have access to tax exemptions and lands for business purposes. There must be training available and access to funding for persons with business ideas. We need to build capacity at every level for our own people. There must be an equal opportunity drive if not, we will soon be foreigners in our own land.

VEHICLES

There are great incentives to owning OLD vehicles in Guyana. We are a dumping ground for outdated and high-maintenance vehicles. It is time to be forward-thinking. To change the very look of the country and to encourage persons to own better and low maintenance cars we need to change the tax structure on vehicles. At the moment it’s the foreigners who have large capital and/or tax exemptions who can afford the upgraded vehicles. What is the benefit to the government to have its road littered with old vehicles? It is time to change the very thinking of the Guyanese people and the world towards Guyana. This is a call for a review of the tax system regarding vehicles. Balance the equation. Allow our middle-class and working citizens to have a greater incentive to remain in Guyana. Far too long we have to leave Guyana to own better houses and nicer cars.

It is time to change and to support the holistic development of the Guyanese people.

Regards
I am a Guyanese.

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