Barbados Sales Tax Rate | VAT  Forecast


Sales Tax Rate in Barbados is expected to be 17.08 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Sales Tax Rate | VAT is projected to trend around 16.21 percent in 2020, according to our econometric models.


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Barbados Taxes Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Personal Income Tax Rate 33.5 34.97 34.97 34.97 34.97 34.98
Corporate Tax Rate 25 25 25 25 25 25
Sales Tax Rate 17.5 17.08 16.99 16.9 16.82 16.21
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