Solomon Islands vs Sierra Leone
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.
πΈπ§ Solomon Islands β Solomon Islands Tax System
The Solomon Islands levies income tax at progressive rates up to 40%. GST (Goods and Services Tax) replaced import duties for many items. Tax administration is handled by the Inland Revenue Division. Logging, fishing, and subsistence agriculture dominate the economy. Political instability and dependence on aid are ongoing challenges.
πΈπ± Sierra Leone β Sierra Leone Tax System
Sierra Leone has progressive income tax up to 35%. NRA (National Revenue Authority) administers tax collection. The country is recovering from the Ebola epidemic (2014β16) and remains heavily aid-dependent. Mineral exports (iron ore, diamonds, titanium) are key. A 15% GST applies. The 2023 elections brought a new government focused on domestic revenue mobilization.
Solomon Islands vs Sierra Leone: Key Tax Differences (2026)
π° Income Tax: πΈπ§ Solomon Islands has a higher top income tax rate (0β40% vs 0β35%). πΈπ± Sierra Leone is more favourable for high earners.
π VAT/Sales Tax: Sierra Leone has a higher consumption tax (10% vs 15%).
π’ Corporate Tax: Corporate rates are similar in both countries (30% vs 30%).
π Capital Gains: πΈπ§ Solomon Islands taxes investment gains at a lower rate (0% vs 30%), benefiting investors.