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Guernsey vs Saint Vincent and the Grenadines: tax rates compared

Saint Vincent and the Grenadines has an income tax rate of 28%, 8pp above Guernsey's 20%. The 200-country average is 28%: Guernsey sits below it, Saint Vincent and the Grenadines matches the world average. Guernsey's figure is dated 2025-12-17 and Saint Vincent and the Grenadines's 2024-01-01, 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%28%Corporate0%28%VAT0%16%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax GG VCDifference
Income Tax20%28%VC +8 pp
Corporate Tax0%28%VC +28 pplargest gap
VAT0%16%VC +16 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
Saint Vincent and the Grenadines28%Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01
Difference−8 ppSaint Vincent and the Grenadines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Saint Vincent and the Grenadines28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−28 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines has a corporate tax rate of 28%, 28pp above Guernsey's 0%. The 201-country average is 22.6%: Guernsey sits below it, Saint Vincent and the Grenadines sits above it.

VAT

VAT, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Saint Vincent and the Grenadines16%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01
Difference−16 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines has a VAT rate of 16%, 16pp above Guernsey's 0%. The 181-country average is 15%: Guernsey sits below it, Saint Vincent and the Grenadines sits above it. Guernsey's figure is dated 2025-12-17 and Saint Vincent and the Grenadines's 2026-01-01, 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
Saint Vincent and the Grenadines0%Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19
Difference0 ppdisplayed rates match

Guernsey and Saint Vincent and the Grenadines share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Guernsey's figure is dated 2025-12-17 and Saint Vincent and the Grenadines's 2026-07-19, 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
Saint Vincent and the Grenadines0%Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18
Difference0 ppdisplayed rates match

Guernsey and Saint Vincent and the Grenadines share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Guernsey's figure is dated 2025-12-17 and Saint Vincent and the Grenadines's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.