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Belize vs Guernsey: tax rates compared

Belize has an income tax rate of 25%, 5pp above Guernsey's 20%. The 200-country average is 28%: both sit below it.

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

0102030405060Income20%25%Corporate0%VAT0%12.5%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax BZ GGDifference
Income Tax25%20%BZ +5 pp
Corporate Tax0%0%match
VAT12.5%0%BZ +12.5 pplargest gap
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belize25%Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
Difference+5 ppBelize higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Belize and Guernsey share the same corporate tax rate: 0%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Belize12.5%Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Difference+12.5 ppBelize higher

Belize has a VAT rate of 12.5%, 12.5pp above Guernsey's 0%. The 181-country average is 15%: both sit below it. Belize's figure is dated 2011-12-31 and Guernsey's 2025-12-17, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31
Guernsey0%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17
Difference0 ppdisplayed rates match

Belize and Guernsey share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Guernsey's 2025-12-17, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Difference0 ppdisplayed rates match

Belize and Guernsey share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Belize's figure is dated 2026-07-18 and Guernsey's 2025-12-17, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.