NIS contributions in Guyana

NIS contributions calculated and filed by the 15th.

Reviewed by the Oma Solutions accounting team · Updated 13 November 2026

NIS Contributions at Oma Solutions, Accounting & Finance

About the service

Employers in Guyana deduct National Insurance Scheme (NIS) contributions from employees’ pay, add the employer’s share, and submit the contribution schedule and payment by the 15th of the following month. Oma Solutions calculates the contributions and prepares the schedules.

Late schedules and payments attract a surcharge, and unpaid contributions can affect employees’ benefits and the business’s ability to show NIS compliance for tenders and loans. We keep each month on time and reconcile NIS to payroll.

Ideal for

Employers
Self-employed people paying their own NIS
Businesses that need NIS compliance for a tender or loan

How Oma Solutions helps you

We calculate employee and employer NIS for every worker, prepare the schedule, and make sure it is filed and paid on time.

1. We take pay figures

We take the pay figures for the month.
2. We calculate both shares

We calculate both shares for each employee.
3. We prepare the schedule

We prepare the schedule and review it with you.
4. We file by the 15th

You approve, and the schedule and payment go in by the 15th.

What you get each month

Employee and employer contributions calculated each pay run
The monthly contribution schedule prepared for submission by the 15th
A reconciliation of NIS to payroll and the books
Help registering new employees and the business with NIS

The benefits to your business

Correct contributions for every worker
Stay compliant with NIS
Know your employer cost each month
Protect your staff’s NIS benefits
One less monthly deadline to manage

NIS rates for 2026

Employee 5.6% and employer 8.4% of earnings, a total of 14%.
Contributions apply to earnings up to G$280,000 a month (G$64,615 a week), so the employee’s share is at most G$15,680 a month.
Self-employed people contribute 12.5% of insurable earnings.
Schedules and payment are due by the 15th of the month after the wages were paid.

Sources: National Insurance Scheme, GRA notice on 2026 allowances

What we need from you

Each employee’s NIS number and pay
Details of new starters and leavers
Previous schedules and receipts

How pricing works

Recurring work such as bookkeeping, payroll, and monthly returns is quoted as a fixed monthly fee, based on the number of transactions, bank accounts, and employees. One-off work such as a catch-up, a year-end, or an annual tax return is quoted as a fixed fee once we have seen the records. The quotation lists what is included before any work starts.

Questions

When is NIS due?

By the 15th of the month after the wages were paid. Late schedules and payments attract a surcharge.

Is NIS deducted before PAYE?

Yes. The employee’s NIS contribution is deducted from income before PAYE is worked out.

Do self-employed people pay NIS?

Yes, at 12.5% of insurable earnings. The self-employed person registers and pays.

Can you help with NIS compliance for a tender?

Yes. We check the contribution history, prepare any missing schedules, and help you request the compliance letter.

NIS contributions in Guyana

How Oma Solutions helps you

1. We take pay figures

2. We calculate both shares

3. We prepare the schedule

4. We file by the 15th