BB · AmericasVG · Americas
Barbados vs British Virgin Islands: tax rates compared
Between the two, Barbados's income tax rate (28.5%) tops British Virgin Islands's (0%) by 28.5pp. The 200-country average is 28%: Barbados sits above it, British Virgin Islands sits below it.
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
| Tax | BB | VG | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 0% | BB +28.5 pplargest gap |
| Corporate Tax | 9% | 0% | BB +9 pp |
| VAT | 17.5% | 0% | BB +17.5 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 28.5% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11 |
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-20 |
| Difference | +28.5 pp | Barbados higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| British Virgin Islands | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +9 pp | Barbados higher |
Between the two, Barbados's corporate tax rate (9%) tops British Virgin Islands's (0%) by 9pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Barbados | 17.5% | Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11 |
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department · as of 2026-07-19 |
| Difference | +17.5 pp | Barbados higher |
Between the two, Barbados's VAT rate (17.5%) tops British Virgin Islands's (0%) by 17.5pp. The 181-country average is 15%: Barbados sits above it, British Virgin Islands sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and British Virgin Islands both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PwC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and British Virgin Islands both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11 |
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department services listing · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and British Virgin Islands both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.