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Jamaica vs Andorra
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ฏ๐Ÿ‡ฒ Jamaica
vs
๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0โ€“25%
25% top; economic recovery strong
No change
0โ€“10%
10% top; EU alignment reforms ongoing
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
GCT 15% maintained
No change
4.5%
4.5% IGI โ€” lowest in Europe
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25%; financial services hub aspirations
No change
10%
10% IS; EU Association Agreement compliance
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT maintained
No change
0%
No CGT โ€” key differentiator
No change
Social Security & Payroll
Social Security / Payroll
~11.5%
NIS; NHT housing contributions stable
No change
~21.5%
CASS stable; healthcare system well-funded
No change
State, Regional & Local Taxes

๐Ÿ‡ฏ๐Ÿ‡ฒ Jamaica โ€” Parish Councils & Local Taxes

Jamaica's 14 parishes each have a parish council that levies property tax (based on unimproved value at progressive rates), business licences, and local improvement fees. The Tax Administration Jamaica (TAJ) administers national taxes. Jamaica has undergone significant tax reform and fiscal consolidation since its 2013โ€“19 IMF Extended Fund Facility. The income tax threshold was significantly raised in 2016 to benefit low-income workers. Remittances are a key income source (~16% of GDP). Tourism is the primary export sector.

๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra โ€” Parish Taxes & Local Levies

Andorra's 7 parishes (parrรฒquies) levy communal taxes including building and land taxes, commercial licence fees, and local service charges. Andorra only introduced a personal income tax (IRPF) in 2015 and corporate tax (IS) in 2012. This micro-state in the Pyrenees between France and Spain remains a significant tax haven due to very low VAT and no inheritance or capital gains tax. It has an Association Agreement with the EU.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Jamaica vs Andorra: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฏ๐Ÿ‡ฒ Jamaica has a higher top income tax rate (0โ€“25% vs 0โ€“10%). ๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Jamaica has a higher consumption tax (15% vs 4.5%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra offers a lower corporate rate (10% vs 25%), which can influence business location decisions.

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