WorldTax CompareAll Comparisons

Slovakia vs Barbados
Tax Rate Comparison

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

🇸🇰 Slovakia
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
19–25%
Rates stable; fiscal consolidation ongoing
No change
12.5–28.5%
28.5% top; competitive Caribbean jurisdiction
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
5–20%
New 5% super-reduced rate phasing in
No change
17.5%
17.5% stable
No change

Corporate Tax Rate

Corporate Tax Rate
15–21%
21% large; 15% small; Pillar Two compliance
No change
5.5–9%
Tiered rate; Pillar Two compliance for large groups
No change

Capital Gains Tax

Capital Gains Tax
19–25%
As income; no separate CGT
No change
0%
No CGT — sustained advantage
No change

Social Security & Payroll

Social Security / Payroll
~48.6%
Highest in EU; reform pressure
No change
~18.1%
NIS contributions; pension reform needed
No change
State, Regional & Local Taxes

🇸🇰 SlovakiaMunicipal Property & Business Taxes

Slovakia's 79 districts and 2,927 municipalities have limited taxing powers. Municipalities set property tax (daň z nehnuteľností) within nationally defined limits and may apply local coefficients. Commercial property tax in Bratislava is higher than rural areas. Vehicle tax is set regionally. A local fee for municipal waste applies. Slovakia uses a progressive income tax system since abandoning its flat 19% rate in 2013. The 15% CIT rate for SMEs is one of the EU's most competitive.

🇧🇧 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.

Slovakia vs Barbados: Key Tax Differences (2026)

💰 Income Tax: 🇧🇧 Barbados has a higher top income tax rate (19–25% vs 12.5–28.5%). 🇸🇰 Slovakia is more favourable for high earners.

🛒 VAT/Sales Tax: Slovakia has a higher consumption tax (5–20% vs 17.5%).

🏢 Corporate Tax: 🇧🇧 Barbados offers a lower corporate rate (9% vs 21%), which can influence business location decisions.

📈 Capital Gains: 🇧🇧 Barbados taxes investment gains at a lower rate (0% vs 25%), benefiting investors.

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All 🇸🇰 Slovakia comparisons →All 🇧🇧 Barbados comparisons →