Seychelles 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.
πΈπ¨ Seychelles β Seychelles Tax System
Seychelles has a progressive income tax up to 15% β very low by global standards. No capital gains tax. The country is an established offshore financial centre (International Business Companies, trusts). Tourism dominates the formal economy. Business Tax (corporate tax) is 25% on the first SCR 1M, 33% above. The Seychelles Revenue Commission administers tax. EU blacklisted briefly in 2019 for harmful tax practices.
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.
Seychelles vs South Africa: Key Tax Differences (2026)
π° Income Tax: πΏπ¦ South Africa has a higher top income tax rate (0β15% vs 18β45%). πΈπ¨ Seychelles 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 33%), which can influence business location decisions.
π Capital Gains: πΈπ¨ Seychelles taxes investment gains at a lower rate (0% vs 18%), benefiting investors.