BZ · AmericasZA · Africa
Belize vs South Africa: tax rates compared
Between the two, South Africa's income tax rate (45%) tops Belize's (25%) by 20pp. The 200-country average is 28%: Belize sits below it, South Africa sits above it. Belize's figure is dated 2025-01-01 and South Africa's 2026-03-01, 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 | BZ | ZA | Difference |
|---|---|---|---|
| Income Tax | 25% | 45% | ZA +20 pp |
| Corporate Tax | 0% | 27% | ZA +27 pplargest gap |
| VAT | 12.5% | 15% | ZA +2.5 pp |
| Capital Gains Tax | 0% | 18% | ZA +18 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 25% | Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01 |
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Difference | −20 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Africa | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −27 pp | South Africa higher |
Between the two, South Africa's corporate tax rate (27%) tops Belize's (0%) by 27pp. The 201-country average is 22.6%: Belize sits below it, South Africa sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belize | 12.5% | Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31 |
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | −2.5 pp | South Africa higher |
Between the two, South Africa's VAT rate (15%) tops Belize's (12.5%) by 2.5pp. The 181-country average is 15%: Belize sits below it, South Africa matches the world average. Belize's figure is dated 2011-12-31 and South Africa's 2026-05-29, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31 |
| South Africa | 18% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29 |
| Difference | −18 pp | South Africa higher |
Between the two, South Africa's capital gains tax rate (18%) tops Belize's (0%) by 18pp. The 175-country average is 10.3%: Belize sits below it, South Africa sits above it. Belize's figure is dated 2020-12-31 and South Africa's 2026-05-29, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18 |
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Belize and South Africa both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.