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Barbados vs Bangladesh
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇧🇧 Barbados
vs
🇧🇩 Bangladesh
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
12.5–28.5%
28.5% top; competitive Caribbean jurisdiction
No change
0–30%
LDC graduation adjustments; revenue mobilization priority
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
17.5%
17.5% stable
No change
15%
15% standard; digital economy VAT enforcement
No change

Corporate Tax Rate

Corporate Tax Rate
5.5–9%
Tiered rate; Pillar Two compliance for large groups
No change
20–45%
Rates maintained; RMG sector retains export incentives
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT — sustained advantage
No change
15%
15% on securities
No change

Social Security & Payroll

Social Security / Payroll
~18.1%
NIS contributions; pension reform needed
No change
~3%
Social protection floor development post-LDC graduation
No change
State, Regional & Local Taxes

🇧🇧 BarbadosParish Councils & Land Tax

Barbados's 11 parishes have parish councils that levy land tax at 0.1%–0.7% of site value. Barbados has long been a significant international business and financial centre, particularly for Canadian companies. Major tax reform in 2019 aligned Barbados with OECD BEPS standards. A tiered corporate tax rate structure was introduced. Barbados was removed from the EU tax haven blacklist following these reforms and maintains competitiveness as an IFC.

🇧🇩 BangladeshLocal Government & Municipal Taxes

Bangladesh's 8 divisions, 64 districts, and 492 upazilas have limited tax powers. City corporations (like Dhaka, Chittagong) levy holding tax (property tax) on buildings at rates set by each corporation. Union Parishads collect land development taxes. The National Board of Revenue (NBR) administers income, VAT, and customs nationally. The garment sector (RMG) is a dominant export industry with special fiscal treatment. Bangladesh graduated from LDC status in 2026 with implications for trade preferences and tax policy.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Barbados vs Bangladesh: Key Tax Differences (2026)

💰 Income Tax: 🇧🇩 Bangladesh has a higher top income tax rate (12.5–28.5% vs 0–30%). 🇧🇧 Barbados is more favourable for high earners.

🛒 VAT/Sales Tax: Barbados has a higher consumption tax (17.5% vs 15%).

🏢 Corporate Tax: 🇧🇧 Barbados offers a lower corporate rate (9% vs 45%), which can influence business location decisions.

📈 Capital Gains: 🇧🇧 Barbados taxes investment gains at a lower rate (0% vs 15%), benefiting investors.

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All 🇧🇧 Barbados comparisons →All 🇧🇩 Bangladesh comparisons →