LS · AfricaPH · Asia

Lesotho vs Philippines: tax rates compared

Philippines's income tax rate is 5pp higher than Lesotho's (35% vs 30%). The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income30%35%Corporate25%VAT12%15%Wealth Tax0%
four shared taxes, side by side
Tax LS PHDifference
Income Tax30%35%PH +5 pplargest gap
Corporate Tax25%25%match
VAT15%12%LS +3 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Lesotho30%Source: Revenue Services Lesotho — Employees' Tax (Pay As You Earn) · as of 2026-07-20
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference−5 ppPhilippines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Lesotho25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Philippines25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Lesotho's corporate tax rate is identical to Philippines's — both sit at 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Lesotho15%Source: PwC — VAT and Indirect Taxes in Africa 2023, Lesotho · as of 2023-01-26
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Difference+3 ppLesotho higher

Lesotho's VAT rate is 3pp higher than Philippines's (15% vs 12%). The 181-country average is 15%: Lesotho matches the world average, Philippines sits below it. Lesotho's figure is dated 2023-01-26 and Philippines's 2026-01-12, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Lesotho0%Source: Revenue Services Lesotho — official site (tax categories) · as of 2026-07-18
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Difference0 ppdisplayed rates match

Lesotho's wealth tax rate is identical to Philippines's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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