Solomon Islands 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
🇸🇧 Solomon Islands — Solomon Islands Tax System
The Solomon Islands levies income tax at progressive rates up to 40%. GST (Goods and Services Tax) replaced import duties for many items. Tax administration is handled by the Inland Revenue Division. Logging, fishing, and subsistence agriculture dominate the economy. Political instability and dependence on aid are ongoing challenges.
🇬🇩 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.
Solomon Islands vs Grenada: Key Tax Differences (2026)
💰 Income Tax: 🇸🇧 Solomon Islands has a higher top income tax rate (0–40% vs 0–30%). 🇬🇩 Grenada is more favourable for high earners.
🛒 VAT/Sales Tax: Grenada has a higher consumption tax (10% vs 15%).
🏢 Corporate Tax: 🇬🇩 Grenada offers a lower corporate rate (28% vs 30%), which can influence business location decisions.