WorldTax Compareโ† All Comparisons

Barbados vs Pakistan
Tax Rate Comparison

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

๐Ÿ‡ง๐Ÿ‡ง Barbados
vs
๐Ÿ‡ต๐Ÿ‡ฐ Pakistan
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
12.5โ€“28.5%
28.5% top; competitive Caribbean jurisdiction
No change
0โ€“35%
IMF fiscal consolidation; rate structure maintained
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
17.5%
17.5% stable
No change
18%
18% GST; digitalization of tax collection progressing
No change
Corporate Tax Rate
Corporate Tax Rate
5.5โ€“9%
Tiered rate; Pillar Two compliance for large groups
No change
29%
29% stable; FDI incentives in SEZs
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT โ€” sustained advantage
No change
15%
CGT unchanged; real estate documentation improving
No change
Social Security & Payroll
Social Security / Payroll
~18.1%
NIS contributions; pension reform needed
No change
~12%
EOBI; provincial systems varying
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡ง Barbados โ€” Parish Councils & Land Tax

Barbados's 11 parishes have parish councils that levy land tax at 0.1%โ€“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.

๐Ÿ‡ต๐Ÿ‡ฐ Pakistan โ€” Provincial Sales Taxes & Levies

Pakistan's 4 provinces (Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan) levy their own sales tax on services at 13%โ€“16%, separate from federal GST on goods. Agricultural income tax is exclusively provincial, though poorly collected. Sindh has the most developed provincial tax authority (SRB). Urban immovable property tax is provincial. Development surcharges and cess taxes vary by province. The FBR (Federal Board of Revenue) administers national taxes.

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

Barbados vs Pakistan: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ต๐Ÿ‡ฐ Pakistan has a higher top income tax rate (12.5โ€“28.5% vs 0โ€“35%). ๐Ÿ‡ง๐Ÿ‡ง Barbados is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Both countries have comparable consumption tax rates (17.5% vs 18%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ง Barbados offers a lower corporate rate (9% vs 29%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ง๐Ÿ‡ง Barbados taxes investment gains at a lower rate (0% vs 15%), benefiting investors.

Related Comparisons

๐Ÿ‡จ๐Ÿ‡ณ China vs ๐Ÿ‡ต๐Ÿ‡ฐ PakistanTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ต๐Ÿ‡ฐ PakistanTax comparison๐Ÿ‡ฏ๐Ÿ‡ต Japan vs ๐Ÿ‡ต๐Ÿ‡ฐ PakistanTax comparison๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia vs ๐Ÿ‡ต๐Ÿ‡ฐ PakistanTax comparison๐Ÿ‡ต๐Ÿ‡ฐ Pakistan vs ๐Ÿ‡ฐ๐Ÿ‡ท South KoreaTax comparison๐Ÿ‡ต๐Ÿ‡ฐ Pakistan vs ๐Ÿ‡บ๐Ÿ‡ธ United StatesTax comparison๐Ÿ‡ซ๐Ÿ‡ท France vs ๐Ÿ‡ต๐Ÿ‡ฐ PakistanTax comparison๐Ÿ‡ฉ๐Ÿ‡ช Germany vs ๐Ÿ‡ต๐Ÿ‡ฐ PakistanTax comparison๐Ÿ‡ฎ๐Ÿ‡ณ India vs ๐Ÿ‡ต๐Ÿ‡ฐ PakistanTax comparison๐Ÿ‡ต๐Ÿ‡ฐ Pakistan vs ๐Ÿ‡ฌ๐Ÿ‡ง United KingdomTax comparison๐Ÿ‡ฆ๐Ÿ‡บ Australia vs ๐Ÿ‡ต๐Ÿ‡ฐ PakistanTax comparison๐Ÿ‡ง๐Ÿ‡ท Brazil vs ๐Ÿ‡ต๐Ÿ‡ฐ PakistanTax comparison