Annual report & statement of accounts

ANNUAL REPORT & STATEMENT OF ACCOUNTS
37
INTEGRATED REGIONAL TAX OFFICES
The Guyana Revenue Authority has established Integrated Regional Tax Offices in various Regions in Guyana to ensure that taxpayers have convenient access to all of its services under one roof. Offices are currently located in Lethem, Corriverton, New Amsterdam, Parika, Anna Regina, Linden and Bartica. During the year under review, staff received a combined total of fifty thousand, one hundred and fifty- five (50,155) tax returns. This amount comprised thirty thousand, one hundred and thirty-two (30,132) for Income Tax, seven thousand, two hundred and twenty-one (7,221) for individual Property Tax and five thousand, three hundred and twelve (5,312) for Value-Added Tax. In addition, seven thousand, one hundred and fifty-nine (7,159) Monthly Remittance Forms (Form 5) were received from employers as well as three hundred and thirty-one (331) Employers Returns (Form 1). Data entry and data approval activities were completed for fifty one thousand, two hundred and eighty- seven (51,287) returns inclusive of twenty nine thousand, nine hundred and sixty-nine (29,969) for Income Tax, nine thousand, four hundred and forty-one (9,441) for Individual Property Tax, four thousand, nine hundred and two (4,902) for Value-Added Tax, six thousand, six hundred and fifty seven (6,657) Employers Monthly Remittance Forms (Form 5) and three hundred and eighteen (318) Employers Returns (Form 1). Staff also processed fifteen thousand and forty-six (15,046) applications for Taxpayer Identification Number (TIN) and registered twenty-nine (29) taxpayers for Value-Added Tax. Tax Compliance Certificates were also issued to taxpayers with a combined total of four thousand, five hundred and thirteen
(4,513) being issued. Of this amount, one thousand, five hundred and forty-four (1,544) were issued to facilitate the transfer of ownership of lands and buildings, one thousand, five hundred and forty-nine
(1,549) for the transfer of ownership of vehicles and one thousand, four hundred and twenty (1,420) for tender purposes. The number of Compliance Certificates issued exhibited an increase of 3.6% over the amount issued during 2013. In addition, nine hundred and forty-eight (948) Liability Statements, three hundred and thirty-eight (338) letters granting exemption from Withholding Tax, thirty-eight (38) Tax Practice Certificates and eighteen
(18) letters for Work Permits were also issued. The sale of Motor Vehicle licences amounted to thirty- nine thousand, one hundred and seventy-six (39,176) while one thousand, five hundred and seventy-four
(1,574) new Liquor/Trade/Miscellaneous Licences were issued and one thousand, five hundred and ninety-two (1,592) were renewed. One hundred and eleven (111) objections to assessments were registered during the year while thirty-six
(36) were finalized. One hundred and eighty-eight (188) applications for refund of Value-Added Tax were received and processed and a total of three hundred and eighty-seven (387) Compliance and Advisory Visits were conducted to ensure that taxpayers are complying with the requirements of the Laws

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