ZA · AfricaTH · Asia
South Africa vs Thailand: tax rates compared
South Africa has an income tax rate of 45%, 10pp above Thailand's 35%. The 200-country average is 28%: both sit above it.
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 | ZA | TH | Difference |
|---|---|---|---|
| Income Tax | 45% | 35% | ZA +10 pp |
| Corporate Tax | 27% | 20% | ZA +7 pp |
| VAT | 15% | 7% | ZA +8 pp |
| Capital Gains Tax | 18% | 0% | ZA +18 pplargest gap |
| Crypto Tax | 18% | 15% | ZA +3 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Thailand | 35% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02 |
| Difference | +10 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| South Africa | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Thailand | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7 pp | South Africa higher |
South Africa has a corporate tax rate of 27%, 7pp above Thailand's 20%. The 201-country average is 22.6%: South Africa sits above it, Thailand sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Thailand | 7% | Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02 |
| Difference | +8 pp | South Africa higher |
South Africa has a VAT rate of 15%, 8pp above Thailand's 7%. The 181-country average is 15%: South Africa matches the world average, Thailand sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| South Africa | 18% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | +18 pp | South Africa higher |
South Africa has a capital gains tax rate of 18%, 18pp above Thailand's 0%. The 175-country average is 10.3%: South Africa sits above it, Thailand sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| South Africa | 18% | Source: South African Revenue Service — Crypto Assets & Tax · as of 2026-03-20 |
| Thailand | 15% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | +3 pp | South Africa higher |
South Africa has a crypto tax rate of 18%, 3pp above Thailand's 15%. The 88-country average is 13%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
South Africa and Thailand share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.