iCalculator™ GY Guyana Social Security Calculator for Medical
This calculator for Guyana is part of our payroll calculators suite which support salary and income tax calculations in Guyana. With this Medical Calculator, you can calculate the associated contributions due for Medical in Guyana based on your annual income in the 2024 tax year, this includes, where appropriate, employee and employer medical contribitions.
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Medical in Guyana
Medical is subject to annual review in Guyana and rates and thresholds can change from year to year. The table below defines the associated tax years and tax rates that are integrated into the Guyana Income Tax calculators on iCalculator™ GY:
Guyana Current and Historic Social Security Rates for Medical | Tax Year | Employee Rate | Employer Rate | Combined Rate |
|---|
| 2024 | 5.6% | 8.4% | 14% |
| 2023 | 5.6% | 8.4% | 14% |
| 2022 | 5.6% | 8.4% | 14% |
| 2021 | 5.6% | 8.4% | 14% |
| 2020 | 5.6% | 8.4% | 14% |
| 2019 | 5.6% | 8.4% | 14% |
If you believe any of these rates are incorrect or you would like additional tax years adding to the Guyana tax suite then please contact us. All updates and amendments are complementary, we appreciate the support from our community with providing up to date free tax tools for Guyana. Note that you can view all tax years for Guyana supported by iCalculator™ GY here, this includes all payroll associated taxes and deductions that are applied in Guyana.