Gambia or Grenada: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Gambia and Grenada weigh about the same on the taxpayer.

Tax Gambia Grenada Gap
Corporate income tax headline rate 27% 0% to 28% −1.0 points
Personal income tax top bracket 0% to 30% 0% to 28% +2.0 points
VAT standard rate 15% 15% Same rate

Detailed schedules

Corporate income tax

Gambia

Net profit Tax due is the higher of the two calculations 27%
Revenue, audited accounts Due even if no profit 1%
Revenue, unaudited accounts 2%

Grenada

n/a

See the Gambia page See the Grenada page