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Barbados vs Rwanda
Tax Rate Comparison

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

πŸ‡§πŸ‡§ Barbados
vs
πŸ‡·πŸ‡Ό Rwanda
Tax Year:

πŸ’° Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
12.5–28.5%
28.5% top; competitive Caribbean jurisdiction
No change
0–30%
30% top; tech and services hub ambitions
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
17.5%
17.5% stable
No change
18%
18% maintained; leading African compliance
No change
Corporate Tax Rate
Corporate Tax Rate
5.5–9%
Tiered rate; Pillar Two compliance for large groups
No change
30%
30%; Pillar Two for MNCs; Kigali IFC growing
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT β€” sustained advantage
No change
5–30%
5% securities; 30% other
No change
Social Security & Payroll
Social Security / Payroll
~18.1%
NIS contributions; pension reform needed
No change
~8%
RSSB reform; universal health insurance model
No change
State, Regional & Local Taxes

πŸ‡§πŸ‡§ Barbados β€” Parish 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.

πŸ‡·πŸ‡Ό Rwanda β€” District & Local Government Taxes

Rwanda's 30 districts (akarere) each have local tax collection powers. The Rwanda Revenue Authority (RRA) administers national taxes with high efficiency β€” Rwanda is consistently ranked highly for tax administration in Africa. Local taxes include market fees, business development taxes, and immovable property taxes. Districts receive grants and shared revenues from the national government. Rwanda has pursued aggressive economic development and tax reform as part of Vision 2050. E-invoicing (EBM machines) is mandatory for VAT-registered businesses.

⚠️ 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 Rwanda: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡·πŸ‡Ό Rwanda has a higher top income tax rate (12.5–28.5% vs 0–30%). πŸ‡§πŸ‡§ Barbados is more favourable for high earners.

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

🏒 Corporate Tax: πŸ‡§πŸ‡§ Barbados offers a lower corporate rate (9% vs 30%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡§πŸ‡§ Barbados taxes investment gains at a lower rate (0% vs 30%), benefiting investors.

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