Singapore vs Grenada
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
🇸🇬 Singapore — City-State — No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0–32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
🇬🇩 Grenada — 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.
Singapore vs Grenada: Key Tax Differences (2026)
💰 Income Tax: 🇬🇩 Grenada has a higher top income tax rate (0–24% vs 0–30%). 🇸🇬 Singapore is more favourable for high earners.
🛒 VAT/Sales Tax: Grenada has a higher consumption tax (9% vs 15%).
🏢 Corporate Tax: 🇸🇬 Singapore offers a lower corporate rate (17% vs 28%), which can influence business location decisions.