GD · AmericasLS · Africa

Grenada vs Lesotho: tax rates compared

Grenada and Lesotho share the same income tax rate: 30%. The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income30%Corporate25%28%VAT15%
three shared taxes, side by side
Tax GD LSDifference
Income Tax30%30%match
Corporate Tax28%25%GD +3 pplargest gap
VAT15%15%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
Lesotho30%Source: Revenue Services Lesotho — Employees' Tax (Pay As You Earn) · as of 2026-07-20
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%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+3 ppGrenada higher

Grenada has a corporate tax rate of 28%, 3pp above Lesotho's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Lesotho15%Source: PwC — VAT and Indirect Taxes in Africa 2023, Lesotho · as of 2023-01-26
Difference0 ppdisplayed rates match

Grenada and Lesotho share the same VAT rate: 15%. The 181-country average is 15%: Grenada matches the world average, Lesotho matches the world average. Grenada's figure is dated 2010-02-01 and Lesotho's 2023-01-26, so the two rates come from different data vintages.

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