Jamaica or Lesotho: which taxes less?

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

Level pegging: Jamaica and Lesotho weigh about the same on the taxpayer.

Tax Jamaica Lesotho Gap
Corporate income tax headline rate 25% 25% Same rate
Personal income tax top bracket 25% to 30% 20% to 30% Same rate
VAT standard rate 15% 15% Same rate

Detailed schedules

Corporate income tax

Jamaica

Unregulated companies 25%
Regulated companies banks, insurance, financial services 33.33%
Mortgage credit companies 30%
Renewable energy producers and life insurance 25%

Lesotho

Standard companies 25%
Manufacturing industry and commercial agriculture 10%
See the Jamaica page See the Lesotho page