PE · AmericasZA · Africa

Peru vs South Africa: tax rates compared

Between the two, South Africa's income tax rate (45%) tops Peru's (30%) by 15pp. The 200-country average is 28%: both sit 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

0102030405060Income30%45%Corporate27%29.5%VAT15%18%Capital Gains5%18%Wealth Tax0%
five shared taxes, side by side
Tax PE ZADifference
Income Tax30%45%ZA +15 pplargest gap
Corporate Tax29.5%27%PE +2.5 pp
VAT18%15%PE +3 pp
Capital Gains Tax5%18%ZA +13 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Peru30%Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13
South Africa45%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01
Difference−15 ppSouth Africa higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Peru29.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
South Africa27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2.5 ppPeru higher

Between the two, Peru's corporate tax rate (29.5%) tops South Africa's (27%) by 2.5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Peru18%Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13
South Africa15%Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29
Difference+3 ppPeru higher

Between the two, Peru's VAT rate (18%) tops South Africa's (15%) by 3pp. The 181-country average is 15%: Peru sits above it, South Africa matches the world average.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Peru5%Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13
South Africa18%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29
Difference−13 ppSouth Africa higher

Between the two, South Africa's capital gains tax rate (18%) tops Peru's (5%) by 13pp. The 175-country average is 10.3%: Peru sits below it, South Africa sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Peru0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01
South Africa0%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

There's no gap here — Peru and South Africa both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Peru's figure is dated 2025-10-01 and South Africa's 2026-05-29, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.