Denmark vs Barbados
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇩🇰 Denmark — Municipal Income Tax
Denmark's 98 municipalities set local income tax (kommuneskat) at ~22.8%–27.8%. The national state tax adds 15% (top bracket). Combined rates including AM contribution (8% of gross) make Denmark one of the world's highest-tax nations at ~55–56% effective top. Church tax (~0.7%) applies to members. Property value tax is nationally set.
🇧🇧 Barbados — 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.
Denmark vs Barbados: Key Tax Differences (2026)
💰 Income Tax: 🇩🇰 Denmark has a higher top income tax rate (~55.9% vs 12.5–28.5%). 🇧🇧 Barbados is more favourable for high earners.
🛒 VAT/Sales Tax: Denmark has a higher consumption tax (25% vs 17.5%).
🏢 Corporate Tax: 🇧🇧 Barbados offers a lower corporate rate (9% vs 22%), which can influence business location decisions.
📈 Capital Gains: 🇧🇧 Barbados taxes investment gains at a lower rate (0% vs 42%), benefiting investors.