IM · EuropeZA · Africa
Isle of Man vs South Africa: tax rates compared
South Africa's income tax rate is 24pp higher than Isle of Man's (45% vs 21%). The 200-country average is 28%: Isle of Man sits below it, South Africa sits above 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
| Tax | IM | ZA | Difference |
|---|---|---|---|
| Income Tax | 21% | 45% | ZA +24 pp |
| Corporate Tax | 0% | 27% | ZA +27 pplargest gap |
| VAT | 20% | 15% | IM +5 pp |
| Capital Gains Tax | 0% | 18% | ZA +18 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 21% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06 |
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Difference | −24 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Africa | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −27 pp | South Africa higher |
South Africa's corporate tax rate is 27pp higher than Isle of Man's (27% vs 0%). The 201-country average is 22.6%: Isle of Man sits below it, South Africa sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 20% | Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06 |
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | +5 pp | Isle of Man higher |
Isle of Man's VAT rate is 5pp higher than South Africa's (20% vs 15%). The 181-country average is 15%: Isle of Man sits above it, South Africa matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 0% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06 |
| South Africa | 18% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29 |
| Difference | −18 pp | South Africa higher |
South Africa's capital gains tax rate is 18pp higher than Isle of Man's (18% vs 0%). The 175-country average is 10.3%: Isle of Man sits below it, South Africa sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 0% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06 |
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
Isle of Man's wealth tax rate is identical to South Africa's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.