BM · AmericasJE · Europe

Bermuda vs Jersey: tax rates compared

Jersey's income tax rate is 20pp higher than Bermuda's (20% vs 0%). The 200-country average is 28%: both sit 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

0102030405060Income0%20%Corporate0%VAT0%5%Capital Gains0%Crypto0%Wealth Tax0%
six shared taxes, side by side
Tax BM JEDifference
Income Tax0%20%JE +20 pplargest gap
Corporate Tax0%0%match
VAT0%5%JE +5 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Taxes on personal income) · as of 2026-02-19
Jersey20%Source: PWC Worldwide Tax Summaries — Jersey, Channel Islands (Individual, Taxes on personal income) · as of 2026-02-02
Difference−20 ppJersey higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bermuda0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Jersey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Bermuda's corporate tax rate is identical to Jersey's — both sit at 0%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Corporate, Other taxes) · as of 2026-02-19
Jersey5%Source: PWC Worldwide Tax Summaries — Jersey (Corporate, Other taxes) · as of 2026-02-02
Difference−5 ppJersey higher

Jersey's VAT rate is 5pp higher than Bermuda's (5% vs 0%). The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Income determination) · as of 2026-02-19
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Income determination) · as of 2026-02-02
Difference0 ppdisplayed rates match

Bermuda's capital gains tax rate is identical to Jersey's — both sit at 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Bermuda0%Source: PwC Worldwide Tax Summaries — Bermuda (Individual, Income determination) · as of 2026-02-19
Jersey0%Source: Government of Jersey — Cryptocurrency tax treatment · as of 2026-07-19
Difference0 ppdisplayed rates match

Bermuda's crypto tax rate is identical to Jersey's — both sit at 0%. The 88-country average is 13%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Net wealth/worth tax rates) · as of 2026-02-19
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

Bermuda's wealth tax rate is identical to Jersey's — both sit at 0%. The 193-country average is 0.1%: both sit below it.