BB · AmericasGG · Europe
Barbados vs Guernsey: tax rates compared
Barbados has an income tax rate of 28.5%, 8.5pp above Guernsey's 20%. The 200-country average is 28%: Barbados sits above it, Guernsey sits below it. Barbados's figure is dated 2026-01-11 and Guernsey's 2025-12-17, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BB | GG | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 20% | BB +8.5 pp |
| Corporate Tax | 9% | 0% | BB +9 pp |
| VAT | 17.5% | 0% | BB +17.5 pplargest gap |
| Capital Gains 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 |
| Guernsey | 20% | Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17 |
| Difference | +8.5 pp | Barbados higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Guernsey | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +9 pp | Barbados higher |
Barbados has a corporate tax rate of 9%, 9pp above Guernsey's 0%. 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 |
| Guernsey | 0% | Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17 |
| Difference | +17.5 pp | Barbados higher |
Barbados has a VAT rate of 17.5%, 17.5pp above Guernsey's 0%. The 181-country average is 15%: Barbados sits above it, Guernsey sits below it. Barbados's figure is dated 2026-01-11 and Guernsey's 2025-12-17, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Guernsey | 0% | Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17 |
| Difference | 0 pp | displayed rates match |
Barbados and Guernsey share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Barbados's figure is dated 2026-01-11 and Guernsey's 2025-12-17, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11 |
| Guernsey | 0% | Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17 |
| Difference | 0 pp | displayed rates match |
Barbados and Guernsey share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Barbados's figure is dated 2026-01-11 and Guernsey's 2025-12-17, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.