Belize vs Guyana
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ง๐ฟ Belize โ Municipal & Town Council Taxes
Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system โ a turnover-based tax (1.75%โ19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.
๐ฌ๐พ Guyana โ Regional & Municipal Taxes
Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.
Belize vs Guyana: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐พ Guyana has a higher top income tax rate (0โ25% vs 28โ40%). ๐ง๐ฟ Belize is more favourable for high earners.
๐ VAT/Sales Tax: Guyana has a higher consumption tax (12.5% vs 14%).
๐ข Corporate Tax: ๐ง๐ฟ Belize offers a lower corporate rate (19% vs 40%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ฟ Belize taxes investment gains at a lower rate (0% vs 20%), benefiting investors.