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Grenada vs Jersey: tax rates compared

Between the two, Grenada's income tax rate (30%) tops Jersey's (20%) by 10pp. The 200-country average is 28%: Grenada sits above it, Jersey sits 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%30%Corporate0%28%VAT5%15%Capital Gains0%Crypto0%
five shared taxes, side by side
Tax GD JEDifference
Income Tax30%20%GD +10 pp
Corporate Tax28%0%GD +28 pplargest gap
VAT15%5%GD +10 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Jersey20%Source: PWC Worldwide Tax Summaries — Jersey, Channel Islands (Individual, Taxes on personal income) · as of 2026-02-02
Difference+10 ppGrenada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%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
Difference+28 ppGrenada higher

Between the two, Grenada's corporate tax rate (28%) tops Jersey's (0%) by 28pp. The 201-country average is 22.6%: Grenada sits above it, Jersey sits below it.

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Jersey5%Source: PWC Worldwide Tax Summaries — Jersey (Corporate, Other taxes) · as of 2026-02-02
Difference+10 ppGrenada higher

Between the two, Grenada's VAT rate (15%) tops Jersey's (5%) by 10pp. The 181-country average is 15%: Grenada matches the world average, Jersey sits below it. Grenada's figure is dated 2010-02-01 and Jersey's 2026-02-02, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Income determination) · as of 2026-02-02
Difference0 ppdisplayed rates match

There's no gap here — Grenada and Jersey both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Jersey0%Source: Government of Jersey — Cryptocurrency tax treatment · as of 2026-07-19
Difference0 ppdisplayed rates match

There's no gap here — Grenada and Jersey both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it.

Not covered for both countries yet: Wealth Tax.