GG · EuropeMT · Europe

Guernsey vs Malta: tax rates compared

Malta's income tax rate is 15pp higher than Guernsey's (35% vs 20%). The 200-country average is 28%: Guernsey sits below it, Malta sits above it. Guernsey's figure is dated 2025-12-17 and Malta's 2026-01-01, 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

0102030405060Income20%35%Corporate0%35%VAT0%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax GG MTDifference
Income Tax20%35%MT +15 pp
Corporate Tax0%35%MT +35 pplargest gap
VAT0%18%MT +18 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
Malta35%Source: PWC Worldwide Tax Summaries — Malta (Individual, Taxes on personal income) · as of 2026-01-01
Difference−15 ppMalta higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Malta35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−35 ppMalta higher

Malta's corporate tax rate is 35pp higher than Guernsey's (35% vs 0%). The 201-country average is 22.6%: Guernsey sits below it, Malta sits above it.

VAT

VAT, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Malta18%Source: PWC Worldwide Tax Summaries — Malta (Corporate, Other taxes) · as of 2026-02-19
Difference−18 ppMalta higher

Malta's VAT rate is 18pp higher than Guernsey's (18% vs 0%). The 181-country average is 15%: Guernsey sits below it, Malta sits above it. Guernsey's figure is dated 2025-12-17 and Malta's 2026-02-19, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Guernsey0%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17
Malta0%Source: PwC Worldwide Tax Summaries — Malta (Individual, Income determination) · as of 2026-02-19
Difference0 ppdisplayed rates match

Guernsey's capital gains tax rate is identical to Malta's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Guernsey's figure is dated 2025-12-17 and Malta's 2026-02-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Malta0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-19
Difference0 ppdisplayed rates match

Guernsey's wealth tax rate is identical to Malta's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Guernsey's figure is dated 2025-12-17 and Malta's 2026-02-19, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.