Budget 2026 is $1.558t, income tax ceiling raised to $140,000 per month - Finance Minister

GY$100,000 cash grant, hikes in children’s cash grants, old age pension, income tax threshold

Last Updated on Monday, 26 January 2026, 21:07 by Denis Chabrol Finance Minister Dr Ashni Singh said a cash grant of GY$100,000 or over GY$60 billion would be paid to Guyanese citizens 18 years and older. The income tax threshold, he said, would also be increased from GY$130,000 in 2025 to GY$140,000 from 2026. He ...

BUDGET 2026: Income tax threshold goes up to $140,000

The income tax threshold will increase from $130,000 to $140,000, Finance Minister Dr. Singh announced on Monday night during the presentation of the 2026 National Budget. This threshold increase, he noted, will result in the removal of 5,000 persons from the tax net whilst adding over $2 billion in disposable income to workers. Those workers who will no longer pay income taxes are those who earn $140,000 or less. What this also means is that in…

Low-Income mortgage ceiling rasised to $30M, allocates $7.5B for home upgrades

Finance Minister Dr Ashni Singh, in presenting Budget 2026 themed “Putting People First” to the National Assembly, announced measures aimed at reducing the cost of home ownership and expanding access to affordable housing. Highlighting the Government’s progress since 2020, Dr Singh noted that the low-income mortgage ceiling at commercial banks, previously increased from $8 million to $20 million, will now rise to $30 million. This move is intend…

Budget 2026 is $1.558t, income tax ceiling raised to $140,000 per month - Finance Minister

Finance Minister Dr Ashni Singh today announced that the 2026 budget will be a record $1.558t to be financed without any new taxes. The article Budget 2026 is $1.558t – Finance Minister appeared first on Stabroek News.