WorldTax CompareAll Comparisons

South Africa vs Barbados
Tax Rate Comparison

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

🇿🇦 South Africa
vs
🇧🇧 Barbados
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
18–45%
Top rate maintained; NHI funding discussions
No change
12.5–28.5%
28.5% top; competitive Caribbean jurisdiction
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
16%
VAT raised to 16% from 1 April 2026 (Budget 2025)
+0.5pp vs 2025
17.5%
17.5% stable
No change

Corporate Tax Rate

Corporate Tax Rate
27%
Stable; National Health Insurance funding debate
No change
5.5–9%
Tiered rate; Pillar Two compliance for large groups
No change

Capital Gains Tax

Capital Gains Tax
~18%
Possible review of inclusion rate
No change
0%
No CGT — sustained advantage
No change

Social Security & Payroll

Social Security / Payroll
~2%
NHI contribution framework being developed
No change
~18.1%
NIS contributions; pension reform needed
No change
State, Regional & Local Taxes

🇿🇦 South AfricaProvincial & Municipal Taxes

South Africa's 9 provinces do not levy their own income tax — this is national. Municipalities levy property rates (0.5%–2.5% 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.

🇧🇧 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.

South Africa vs Barbados: Key Tax Differences (2026)

💰 Income Tax: 🇿🇦 South Africa has a higher top income tax rate (18–45% vs 12.5–28.5%). 🇧🇧 Barbados is more favourable for high earners.

🛒 VAT/Sales Tax: Barbados has a higher consumption tax (16% vs 17.5%).

🏢 Corporate Tax: 🇧🇧 Barbados offers a lower corporate rate (9% vs 27%), which can influence business location decisions.

📈 Capital Gains: 🇧🇧 Barbados taxes investment gains at a lower rate (0% vs 18%), benefiting investors.

Related Comparisons

🇿🇦 South Africa vs 🇪🇬 EgyptTax comparison🇿🇦 South Africa vs 🇪🇹 EthiopiaTax comparison🇿🇦 South Africa vs 🇬🇭 GhanaTax comparison🇿🇦 South Africa vs 🇰🇪 KenyaTax comparison🇿🇦 South Africa vs 🇲🇦 MoroccoTax comparison🇿🇦 South Africa vs 🇳🇬 NigeriaTax comparison🇿🇦 South Africa vs 🇷🇼 RwandaTax comparison🇿🇦 South Africa vs 🇹🇿 TanzaniaTax comparison🇿🇦 South Africa vs 🇬🇧 United KingdomTax comparison🇿🇦 South Africa vs 🇺🇸 United StatesTax comparison🇿🇦 South Africa vs 🇨🇳 ChinaTax comparison🇿🇦 South Africa vs 🇫🇷 FranceTax comparison
All 🇿🇦 South Africa comparisons →All 🇧🇧 Barbados comparisons →