Saint Vincent and the Grenadines vs Australia
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
🇻🇨 Saint Vincent and the Grenadines — 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.
🇦🇺 Australia — State & Territory Taxes
Australia's 6 states and 2 territories levy payroll tax (4.75%–6.85%), stamp duty on property, and land tax on investment properties. There is no state income tax — income tax is federal only. The Stage 3 tax cuts (effective July 2024) restructured brackets significantly. The ACT is progressively replacing stamp duty with broad-based land value tax. Councils levy rates on property owners.
Saint Vincent and the Grenadines vs Australia: Key Tax Differences (2026)
💰 Income Tax: 🇦🇺 Australia has a higher top income tax rate (0–30% vs 0–45%). 🇻🇨 Saint Vincent and the Grenadines is more favourable for high earners.
🛒 VAT/Sales Tax: Saint Vincent and the Grenadines has a higher consumption tax (15% vs 10%).
🏢 Corporate Tax: Corporate rates are similar in both countries (30% vs 25–30%).
📈 Capital Gains: 🇻🇨 Saint Vincent and the Grenadines taxes investment gains at a lower rate (0% vs 22.5%), benefiting investors.