Help & FAQ

Quick answers about calculations, terminology and using GYCalc.

15 answers

Pick a topic, or read them all. Every answer links to the tool or guide that helps.

Not covered here? The guide explains each 2026 rule and links to its official source.

PAYE (Pay As You Earn) is the income tax your employer takes from each pay. GYCalc starts from your taxable pay, takes off your personal allowance (the larger of GY$140,000 a month or a third of your taxable pay), NIS and other allowed deductions. The first GY$280,000 a month of what is left is taxed at 25% and the rest at 35%. Work out your take-home.

What is PAYE and how is it worked out?

What is the difference between taxable and non-taxable allowances?

Why is my payslip different from GYCalc's estimate?

How does gratuity work in GYCalc?

What is NIS and how much is taken from my pay?

Does NIS reduce my PAYE?

What do FOB and CIF mean?

Why does the vehicle calculator ask for engine size, age and plate type?

Can I import a vehicle older than 8 years?

Do bi-weekly payments save me money?

How do extra payments help?

Is my information saved?

Can I install GYCalc or use it offline?

Are GYCalc's figures official?

How do I know the rules are up to date?