Nigeria vs Saint Vincent and the Grenadines
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.
π³π¬ Nigeria β State & Local Government Taxes
Nigeria's 36 states and FCT each have their own Personal Income Tax Law (PITL), though rates follow a national schedule. States levy property rates, land use charges, and business premises levies. The 774 local government areas (LGAs) levy tenement rates and market fees. Only federal employees and residents in the FCT pay federal income tax to FIRS; all others pay to state tax authorities. VAT revenue is shared: 15% FIRS, 50% states, 35% LGAs.
π»π¨ Saint Vincent and the Grenadines β SVG Tax System
Saint Vincent and the Grenadines taxes individual income at progressive rates up to 30%. No capital gains tax. VAT of 15% was introduced in 2007. The country is developing its offshore financial sector and Citizenship by Investment programme. Banana exports and tourism are key economic pillars.
Nigeria vs Saint Vincent and the Grenadines: Key Tax Differences (2026)
π° Income Tax: π»π¨ Saint Vincent and the Grenadines has a higher top income tax rate (7β24% vs 0β30%). π³π¬ Nigeria is more favourable for high earners.
π VAT/Sales Tax: Saint Vincent and the Grenadines has a higher consumption tax (7.5% vs 15%).
π’ Corporate Tax: π³π¬ Nigeria offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
π Capital Gains: π»π¨ Saint Vincent and the Grenadines taxes investment gains at a lower rate (0% vs 10%), benefiting investors.