Ghana vs Barbados
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¬π Ghana β District Assembly Taxes
Ghana's 261 district assemblies levy property rates, basic rates (on adults), entertainment tax, and business operating levies. The Ghana Revenue Authority (GRA) administers national taxes. A key local levy is the Development Levy. Accra Metropolitan Assembly and Kumasi Metropolitan Assembly have the highest property rates. Ghana has faced significant fiscal challenges including a 2023 IMF bailout. An e-levy (1.5% on electronic transfers) was introduced in 2022, controversially, and later modified.
π§π§ Barbados β Parish Councils & Land Tax
Barbados's 11 parishes have parish councils that levy land tax at 0.1%β0.7% of site value. Barbados has long been a significant international business and financial centre, particularly for Canadian companies. Major tax reform in 2019 aligned Barbados with OECD BEPS standards. A tiered corporate tax rate structure was introduced. Barbados was removed from the EU tax haven blacklist following these reforms and maintains competitiveness as an IFC.
Ghana vs Barbados: Key Tax Differences (2026)
π° Income Tax: π¬π Ghana has a higher top income tax rate (0β35% vs 12.5β28.5%). π§π§ Barbados is more favourable for high earners.
π VAT/Sales Tax: Barbados has a higher consumption tax (15% vs 17.5%).
π’ Corporate Tax: π§π§ Barbados offers a lower corporate rate (9% vs 25%), which can influence business location decisions.
π Capital Gains: π§π§ Barbados taxes investment gains at a lower rate (0% vs 25%), benefiting investors.