Grenada vs South Africa
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¬π© Grenada β 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.
πΏπ¦ South Africa β Provincial & Municipal Taxes
South Africa's 9 provinces do not levy their own income tax β this is national. Municipalities levy property rates (0.5%β2.5% of assessed value/year), utilities, and refuse levies. Cape Town and Johannesburg have relatively higher municipal rates. Load-shedding prompted energy-related tax credits in recent budgets.
Grenada vs South Africa: Key Tax Differences (2026)
π° Income Tax: πΏπ¦ South Africa has a higher top income tax rate (0β30% vs 18β45%). π¬π© Grenada is more favourable for high earners.
π VAT/Sales Tax: South Africa has a higher consumption tax (15% vs 16%).
π’ Corporate Tax: πΏπ¦ South Africa offers a lower corporate rate (27% vs 28%), which can influence business location decisions.
π Capital Gains: π¬π© Grenada taxes investment gains at a lower rate (0% vs 18%), benefiting investors.