🇧🇧 Barbados tax

• On: Employment and other personal income
• Limit: BBD 25k/yr ≈ $13k

From income year 2026, after a BDS$25,000 personal allowance, individuals pay 11.5% on the first BDS$50,000 of taxable income (income of BDS$25,001 to BDS$75,000) and 27.5% on the rest; the rates were 12.5% and 28.5% before. ^{1 2 3}

Taxed on

Employment and other personal income

Limits

• BBD 25,000 a year (≈ $12,500) · Personal allowance deducted before tax; 11.5% applies to income above this up to BDS$75,000.
• BBD 75,000 a year (≈ $37,500) · Income above which the top rate of 27.5% applies.

Visas

Welcome Stamp holders working remotely for non-Barbados clients are stated by the programme not to be liable to Barbados income tax.

Other taxes

VAT is 17.5%; the general corporation tax rate is 9% from 1 January 2024; no capital gains, wealth, inheritance or gift tax.

Checked against official sources on 12 Oct 2026, some details partly verifiedChange log

• On: Resident and domiciled: world income
• Who: Tax resident: more than 182 days in Barbados in an income year in aggregate
• Limit: BBD 25k/yr ≈ $13k

Individuals who spend more than 182 days in Barbados in an income year, and persons with ordinarily resident status, are tax resident; residents who are also domiciled are taxed on worldwide income, while residents who are not domiciled are taxed on Barbados income and on foreign-source income from which a benefit is received in Barbados. From income year 2026 the rates are 0% to BBD 25,000 (≈ $12,500) allowance, 11.5% on BBD 25,001 (≈ $12,500)-75,000 and 27.5% above BBD 75,000 (≈ $37,500). ^{6 7 8 9}

Taxed on

Resident and domiciled: world income. Resident but not domiciled: income derived in Barbados plus foreign-source income remitted to Barbados or from which a benefit is derived in Barbados. Rates apply to chargeable income after the BBD 25,000 (≈ $12,500) personal allowance.

Who it applies to

• Tax resident: more than 182 days in Barbados in an income year in aggregate, or ordinarily resident status.
• Domicile determines whether foreign-source income is taxed when not remitted.

Exclusions

• Non-residents are taxed only on income derived from Barbados.
• Barbados has no tax on capital (BRA tax types page).

Limits

• BBD 25,000 a year (≈ $12,500) · Personal allowance used in the BRA policy note examples; income above it is taxed at 11.5% up to BBD 75,000 (≈ $37,500)
• BBD 75,000 a year (≈ $37,500) · Income over this amount is taxed at 27.5% from income year 2026 (was 28.5%)

Days in the country

• More than 182 days in income year · Aggregate days present in Barbados in an income year make an individual tax resident

Tax residence

Residency by day count (more than 182 days) or ordinarily resident status; domicile is a separate test that decides whether foreign-source income is taxed on an arising basis.

Visas

Tax residence under the Income Tax Act is independent of immigration status; the Welcome Stamp has its own deemed non-resident rule (see “Barbados Welcome Stamp: deemed non-resident for income tax”).

Other taxes

Income tax is self-assessed; PAYE applies to employees. Other taxes (VAT, land tax) are administered separately by BRA.

Checked against official sources on 10 Oct 2026Change log