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Saint Vincent and the Grenadines vs South Africa: tax rates compared
Between the two, South Africa's income tax rate (45%) tops Saint Vincent and the Grenadines's (28%) by 17pp. The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, South Africa sits above it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 and South Africa's 2026-03-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | VC | ZA | Difference |
|---|---|---|---|
| Income Tax | 28% | 45% | ZA +17 pp |
| Corporate Tax | 28% | 27% | VC +1 pp |
| VAT | 16% | 15% | VC +1 pp |
| Capital Gains Tax | 0% | 18% | ZA +18 pplargest gap |
| Crypto Tax | 0% | 18% | ZA +18 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01 |
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Difference | −17 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | 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 | +1 pp | Saint Vincent and the Grenadines higher |
Between the two, Saint Vincent and the Grenadines's corporate tax rate (28%) tops South Africa's (27%) by 1pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 16% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01 |
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | +1 pp | Saint Vincent and the Grenadines higher |
Between the two, Saint Vincent and the Grenadines's VAT rate (16%) tops South Africa's (15%) by 1pp. The 181-country average is 15%: Saint Vincent and the Grenadines sits above it, South Africa matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| South Africa | 18% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29 |
| Difference | −18 pp | South Africa higher |
Between the two, South Africa's capital gains tax rate (18%) tops Saint Vincent and the Grenadines's (0%) by 18pp. The 175-country average is 10.3%: Saint Vincent and the Grenadines sits below it, South Africa sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| South Africa | 18% | Source: South African Revenue Service — Crypto Assets & Tax · as of 2026-03-20 |
| Difference | −18 pp | South Africa higher |
Between the two, South Africa's crypto tax rate (18%) tops Saint Vincent and the Grenadines's (0%) by 18pp. The 88-country average is 13%: Saint Vincent and the Grenadines sits below it, South Africa sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18 |
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Saint Vincent and the Grenadines and South Africa both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.