BB · AmericasLS · Africa

Barbados vs Lesotho: tax rates compared

Lesotho has an income tax rate of 30%, 1.5pp above Barbados's 28.5%. The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income28.5%30%Corporate9%25%VAT15%17.5%Wealth Tax0%
four shared taxes, side by side
Tax BB LSDifference
Income Tax28.5%30%LS +1.5 pp
Corporate Tax9%25%LS +16 pplargest gap
VAT17.5%15%BB +2.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Barbados28.5%Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11
Lesotho30%Source: Revenue Services Lesotho — Employees' Tax (Pay As You Earn) · as of 2026-07-20
Difference−1.5 ppLesotho higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Barbados9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Lesotho25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−16 ppLesotho higher

Lesotho has a corporate tax rate of 25%, 16pp above Barbados's 9%. The 201-country average is 22.6%: Barbados sits below it, Lesotho sits above it.

VAT

VAT, side by side
CountryRateSource
Barbados17.5%Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11
Lesotho15%Source: PwC — VAT and Indirect Taxes in Africa 2023, Lesotho · as of 2023-01-26
Difference+2.5 ppBarbados higher

Barbados has a VAT rate of 17.5%, 2.5pp above Lesotho's 15%. The 181-country average is 15%: Barbados sits above it, Lesotho matches the world average. Barbados's figure is dated 2026-01-11 and Lesotho's 2023-01-26, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Barbados0%Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11
Lesotho0%Source: Revenue Services Lesotho — official site (tax categories) · as of 2026-07-18
Difference0 ppdisplayed rates match

Barbados and Lesotho share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.