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Australia vs Saint Vincent and the Grenadines: tax rates compared

Australia has an income tax rate of 47%, 19pp above Saint Vincent and the Grenadines's 28%. The 200-country average is 28%: Australia sits above it, Saint Vincent and the Grenadines matches the world average. Australia's figure is dated 2025-01-01 and Saint Vincent and the Grenadines's 2024-01-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income28%47%Corporate28%30%VAT10%16%Capital Gains0%45%Crypto0%45%Wealth Tax0%
six shared taxes, side by side
Tax AU VCDifference
Income Tax47%28%AU +19 pp
Corporate Tax30%28%AU +2 pp
VAT10%16%VC +6 pp
Capital Gains Tax45%0%AU +45 pplargest gap
Crypto Tax45%0%AU +45 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Australia47%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Saint Vincent and the Grenadines28%Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01
Difference+19 ppAustralia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Australia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Saint Vincent and the Grenadines28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2 ppAustralia higher

Australia has a corporate tax rate of 30%, 2pp above Saint Vincent and the Grenadines's 28%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Australia10%Source: PWC Worldwide Tax Summaries — Australia (Corporate, Other taxes) · as of 2026-06-30
Saint Vincent and the Grenadines16%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01
Difference−6 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines has a VAT rate of 16%, 6pp above Australia's 10%. The 181-country average is 15%: Australia sits below it, Saint Vincent and the Grenadines sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Australia45%Source: PWC Worldwide Tax Summaries — Australia (Individual, Taxes on personal income) · as of 2026-06-30
Saint Vincent and the Grenadines0%Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19
Difference+45 ppAustralia higher

Australia has a capital gains tax rate of 45%, 45pp above Saint Vincent and the Grenadines's 0%. The 175-country average is 10.3%: Australia sits above it, Saint Vincent and the Grenadines sits below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Australia45%Source: Australian Taxation Office — How to work out and report CGT on crypto · as of 2026-06-22
Saint Vincent and the Grenadines0%Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19
Difference+45 ppAustralia higher

Australia has a crypto tax rate of 45%, 45pp above Saint Vincent and the Grenadines's 0%. The 88-country average is 13%: Australia sits above it, Saint Vincent and the Grenadines sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Australia0%Source: PWC Worldwide Tax Summaries — Australia (Net wealth/worth tax rates) · as of 2026-06-30
Saint Vincent and the Grenadines0%Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18
Difference0 ppdisplayed rates match

Australia and Saint Vincent and the Grenadines share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.