Mexico vs South Africa
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇲🇽 Mexico — State & Municipal Taxes
Mexico's 31 states and Mexico City each have their own regimes. States charge local payroll tax (Impuesto Sobre Nómina) at 1%–4% (employer-paid). Municipal property tax (predial) rates vary significantly. Some states have lodging and entertainment levies. The Maquila sector benefits from special IMMEX programs. Nearshoring boom is driving new investment.
🇿🇦 South Africa — Provincial & Municipal Taxes
South Africa's 9 provinces do not levy their own income tax — this is national. Municipalities levy property rates (0.5%–2.5% of assessed value/year), utilities, and refuse levies. Cape Town and Johannesburg have relatively higher municipal rates. Load-shedding prompted energy-related tax credits in recent budgets.
Mexico vs South Africa: Key Tax Differences (2026)
💰 Income Tax: 🇿🇦 South Africa has a higher top income tax rate (1.92–35% vs 18–45%). 🇲🇽 Mexico is more favourable for high earners.
🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (0–16% vs 16%).
🏢 Corporate Tax: 🇿🇦 South Africa offers a lower corporate rate (27% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇿🇦 South Africa taxes investment gains at a lower rate (18% vs 35%), benefiting investors.