Lesotho vs Hungary
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π±πΈ Lesotho β Lesotho Tax System
Lesotho is a landlocked enclave within South Africa with progressive income tax up to 35%. VAT is 15%. The country's economy is closely tied to South Africa β customs revenues from SACU (Southern African Customs Union) provide a major share of government income. Textile exports (especially to the US under AGOA) and diamond mining are key sectors. Water royalties from the Lesotho Highlands Water Project also contribute.
ππΊ Hungary β Local Business Tax & Communal Levies
Hungary's 19 counties and 3,177 municipalities levy Helyi IparΕ±zΓ©si AdΓ³ (HIPA β local business tax) on companies at up to 2% of net revenues. This is a major cost for businesses operating in Hungary. Budapest applies the maximum 2%. Municipalities also set property tax (Γ©pΓtmΓ©nyadΓ³) within national caps. Hungary has a uniquely simple income tax structure with a flat 15% rate across all income levels.
Lesotho vs Hungary: Key Tax Differences (2026)
π° Income Tax: π±πΈ Lesotho has a higher top income tax rate (0β35% vs 15%). ππΊ Hungary is more favourable for high earners.
π VAT/Sales Tax: Hungary has a higher consumption tax (15% vs 5β27%).
π’ Corporate Tax: ππΊ Hungary offers a lower corporate rate (9% vs 25%), which can influence business location decisions.
π Capital Gains: ππΊ Hungary taxes investment gains at a lower rate (15% vs 25%), benefiting investors.