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Oman vs Barbados
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇴🇲 Oman
vs
🇧🇧 Barbados
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0%
No personal income tax
No change
12.5–28.5%
28.5% top; competitive Caribbean jurisdiction
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
5%
5% maintained; Vision 2040 diversification
No change
17.5%
17.5% stable
No change

Corporate Tax Rate

Corporate Tax Rate
15%
15% maintained
No change
5.5–9%
Tiered rate; Pillar Two compliance for large groups
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
0%
No CGT — sustained advantage
No change

Social Security & Payroll

Social Security / Payroll
~21.5%
PASI reform to improve adequacy
No change
~18.1%
NIS contributions; pension reform needed
No change
State, Regional & Local Taxes

🇴🇲 OmanGovernorate Fees & Levies

Oman's 11 governorates do not levy independent income or corporate taxes. The Tax Authority (OTA) administers national taxes centrally. Municipalities collect commercial registration fees and municipal development levies. Social protection (PASI) for Omani nationals is nationally administered. Oman introduced corporate income tax on foreign companies in the 1970s and has been expanding its tax base since the 2017 fiscal consolidation to reduce oil dependence. VAT was introduced in 2021.

🇧🇧 BarbadosParish 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.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Oman vs Barbados: Key Tax Differences (2026)

💰 Income Tax: 🇧🇧 Barbados has a higher top income tax rate (0% vs 12.5–28.5%). 🇴🇲 Oman is more favourable for high earners.

🛒 VAT/Sales Tax: Barbados has a higher consumption tax (5% vs 17.5%).

🏢 Corporate Tax: 🇧🇧 Barbados offers a lower corporate rate (9% vs 15%), which can influence business location decisions.

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