Barbados Personal Income Tax Rate  Forecast


Personal Income Tax Rate in Barbados is expected to be 33.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Personal Income Tax Rate is projected to trend around 33.50 percent in 2020, according to our econometric models.


Barbados Personal Income Tax Rate
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Barbados Taxes Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Personal Income Tax Rate 33.5 33.5 33.5 33.5 33.5 33.5
Corporate Tax Rate 25 25 25 25 25 25
Sales Tax Rate 17.5 17.5 17.5 17.5 17.5 17.5
Social Security Rate 21.35 21.35 21.35 21.35 21.35 21.35
Social Security Rate For Companies 11.25 11.25 11.25 11.25 11.25 11.25
Social Security Rate For Employees 10.1 10.1 10.1 10.1 10.1 10.1