DT8753 | Double Taxation Relief Manual: Guyana: notes

Dividends

Any claim for relief for Guyanese tax on a dividend (other than a claim by a company entitled to relief for underlying tax (see DT950(d)), should be submitted to HMRC, Business International, Tax Treaty Team with the relevant documentation.

Students

Students, trainees or business apprentices from Guyana are exempt from UK tax on payments from sources outside the UK which are made for the purpose of their maintenance, education or training.

Tax spared

The convention provides for credit to be given for tax `spared’ (see INTM161270) in Guyana under the provisions of Guyanese laws set out in Article 24(3)(a).

Relief is however limited to tax `spared’ in Guyana for a period of ten years in respect of any one source of income.

Amounts of tax spared for which credit relief is given should be reported as mentioned in INTM161290.

Relief from Guyana tax

No special forms are available in the UK for the purpose of claiming relief from Guyana tax under the convention.

Claimants should write to Inland Revenue Department, Income Tax Division, 357 Lamaha and East Streets, Georgetown, Guyana.