Grenada vs New Zealand
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐ฉ Grenada โ Grenada Tax System
Grenada imposes income tax at a flat 30% on income above the personal allowance. No capital gains tax applies. VAT is 15%. The Citizenship by Investment programme (among the oldest in the Caribbean) is a significant revenue source. The 'Spice Isle' economy depends heavily on tourism and nutmeg exports.
๐ณ๐ฟ New Zealand โ Local & Regional Council Rates
New Zealand's 67 councils (cities and districts) levy property rates (analogous to council tax). There are no provincial or state-level income taxes โ all income tax is national. GST is a national tax. Regional councils levy rates for transport, environmental, and water services. Auckland Council is New Zealand's largest with significant combined rating authority. The Earthquake Commission (EQC) levy is a national building insurance premium.
Grenada vs New Zealand: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ฟ New Zealand has a higher top income tax rate (0โ30% vs 10.5โ39%). ๐ฌ๐ฉ Grenada is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
๐ข Corporate Tax: Corporate rates are similar in both countries (28% vs 28%).
๐ Capital Gains: ๐ฌ๐ฉ Grenada taxes investment gains at a lower rate (0% vs 39%), benefiting investors.