Trinidad and Tobago vs New Zealand
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
🇹🇹 Trinidad and Tobago — Municipal & Regional Corporations
Trinidad and Tobago's 14 regional/municipal corporations (including Port of Spain City Corporation) levy property taxes and business licence fees. T&T is a significant energy producer in the Caribbean — natural gas and oil revenues are major fiscal pillars. The country uses a Business Levy (0.6% of gross sales as minimum tax) and a Green Fund Levy (0.3%). T&T has the highest per-capita income in the Caribbean and a well-developed financial services sector.
🇳🇿 New Zealand — Local & Regional Council Rates
New Zealand's 67 councils (cities and districts) levy property rates (analogous to council tax). There are no provincial or state-level income taxes — all income tax is national. GST is a national tax. Regional councils levy rates for transport, environmental, and water services. Auckland Council is New Zealand's largest with significant combined rating authority. The Earthquake Commission (EQC) levy is a national building insurance premium.
Trinidad and Tobago vs New Zealand: Key Tax Differences (2026)
💰 Income Tax: 🇳🇿 New Zealand has a higher top income tax rate (25–30% vs 10.5–39%). 🇹🇹 Trinidad and Tobago is more favourable for high earners.
🛒 VAT/Sales Tax: New Zealand has a higher consumption tax (12.5% vs 15%).
🏢 Corporate Tax: 🇳🇿 New Zealand offers a lower corporate rate (28% vs 35%), which can influence business location decisions.
📈 Capital Gains: 🇹🇹 Trinidad and Tobago taxes investment gains at a lower rate (0% vs 39%), benefiting investors.