Zimbabwe vs Trinidad and Tobago
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฟ๐ผ Zimbabwe โ Local Authority Taxes
Zimbabwe's 10 provinces and urban/rural councils levy local government taxes including rates on immovable property (based on improved or site value), council fees, and local levies for services. Harare, Bulawayo, and other urban councils have the highest property rate tariffs. The Zimbabwe Revenue Authority (ZIMRA) administers national taxes. Zimbabwe has experienced hyperinflation (2007โ2009 destroyed the ZWD; ZWL introduced 2019; ZiG introduced 2024). Tax collection is complicated by currency instability and dollarization.
๐น๐น Trinidad and Tobago โ Municipal & Regional Corporations
Trinidad and Tobago's 14 regional/municipal corporations (including Port of Spain City Corporation) levy property taxes and business licence fees. T&T is a significant energy producer in the Caribbean โ natural gas and oil revenues are major fiscal pillars. The country uses a Business Levy (0.6% of gross sales as minimum tax) and a Green Fund Levy (0.3%). T&T has the highest per-capita income in the Caribbean and a well-developed financial services sector.
Zimbabwe vs Trinidad and Tobago: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฟ๐ผ Zimbabwe has a higher top income tax rate (0โ41% vs 25โ30%). ๐น๐น Trinidad and Tobago is more favourable for high earners.
๐ VAT/Sales Tax: Zimbabwe has a higher consumption tax (15% vs 12.5%).
๐ข Corporate Tax: ๐ฟ๐ผ Zimbabwe offers a lower corporate rate (24.72% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐น๐น Trinidad and Tobago taxes investment gains at a lower rate (0% vs 20%), benefiting investors.