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The Bahamas public holidays 2026, VAT rate and tax data

The Bahamas: VAT rate 10% since 1 Jan 2022; 11 public holidays in 2026 (next: Christmas Day, 25 Dec 2026); minimum wage 260 BSD per week; policy interest rate 4%; inflation rate (CPI) 3.1%.

11 series, each cited to the official source it was verified against; most recently verified 10 Oct 2026. Currency BSD.

verified recentlyre-verification due soonstaleColour is the age of the last check against the series' own update cycle.

The Bahamas public holidays 2026

11 days in 2026; next: Christmas Day on 25 Dec 2026. Official source: Cabinet Office, Government of The Commonwealth of The Bahamas · last verified 30 Jul 2026

Fixed by law 6 Confirmed 3 Substitute 2

DateHolidayStatusSource
1 Jan 2026 Thu New Year's Day Fixed by law Cabinet Office, Government of The…
12 Jan 2026 Mon Majority Rule Day
observed; falls 10 January, a Saturday
Substitute Cabinet Office, Government of The…
3 Apr 2026 Fri Good Friday Fixed by law Cabinet Office, Government of The…
6 Apr 2026 Mon Easter Monday Fixed by law Cabinet Office, Government of The…
25 May 2026 Mon Whit Monday Fixed by law Cabinet Office, Government of The…
5 Jun 2026 Fri Randol Fawkes Labour Day Confirmed Cabinet Office, Government of The…
10 Jul 2026 Fri Independence Day Fixed by law Cabinet Office, Government of The…
3 Aug 2026 Mon Emancipation Day / August Monday (first Monday in August) Confirmed Cabinet Office, Government of The…
12 Oct 2026 Mon National Heroes Day Confirmed Cabinet Office, Government of The…
25 Dec 2026 Fri Christmas Day Fixed by law Cabinet Office, Government of The…
28 Dec 2026 Mon Boxing Day
observed; falls 26 December, a Saturday
Substitute Cabinet Office, Government of The…
2027 dates already held (12)
DateHolidayStatusSource
1 Jan 2027 Fri New Year's Day Fixed by law Cabinet Office, Government of The…
11 Jan 2027 Mon Majority Rule Day
observed — 10 January falls on a Sunday
Substitute Cabinet Office, Government of The…
26 Mar 2027 Fri Good Friday Fixed by law Cabinet Office, Government of The…
29 Mar 2027 Mon Easter Monday Fixed by law Cabinet Office, Government of The…
17 May 2027 Mon Whit Monday Fixed by law Cabinet Office, Government of The…
4 Jun 2027 Fri Randol Fawkes Labour Day (first Friday in June) Confirmed Cabinet Office, Government of The…
10 Jul 2027 Sat Independence Day
statutory date; falls Saturday — see notes, no statutory Saturday substitution
Fixed by law Cabinet Office, Government of The…
2 Aug 2027 Mon Emancipation Day / August Monday (first Monday in August) Confirmed Cabinet Office, Government of The…
11 Oct 2027 Mon National Heroes Day (second Monday in October) Confirmed Cabinet Office, Government of The…
25 Dec 2027 Sat Christmas Day
statutory date; falls Saturday — see notes
Fixed by law Cabinet Office, Government of The…
26 Dec 2027 Sun Boxing Day Fixed by law Cabinet Office, Government of The…
27 Dec 2027 Mon Boxing Day observed
26 December falls on a Sunday — statutory substitution
Substitute Cabinet Office, Government of The…

Status is read from the record: fixed by law follows from a standing rule (a fixed date or the Easter computus); confirmed is dated in the cited official calendar and not flagged provisional; estimated is provisional or moon-sighting dependent; substitute stands in for a statutory day that fell on a weekend or was moved. Hover a status for the reason.

Every current The Bahamas value

SeriesCurrentIn force fromOfficial sourceLast verified
Central Bank of The Bahamas Discount Rate (Bank Rate) 4 percent 2016-12-22 Central Bank of The Bahamas last verified 9 Oct 2026
VAT standard rate 10 percent 2022-01-01 Value Added Tax Act (Ch. 370A), section 6(1)(c) last verified 23 Jul 2026
VAT registration threshold 100000 BSD 2015-01-01 Value Added Tax Act, 2014 (No. 32 of 2014), s.21… last verified 10 Oct 2026
National minimum wage (weekly) 260 BSD per week 2023-01-01 Bahamas National Statistical Institute last verified 23 Jul 2026
Public holidays (free API) 23 days held 2026-01-01 Cabinet Office, Government of The Commonwealth of The… last verified 30 Jul 2026
CPI inflation (year-on-year) 3.1 percent (YoY) 2026-03-01 Bahamas National Statistical Institute last verified 8 Oct 2026
Corporate income tax rate no single figure — Ministry of Finance, Government of The Bahamas last verified 23 Jul 2026
Withholding tax rates secondary 0% across 4 withholding taxes — no single rate — Department of Inland Revenue, The Bahamas - the taxes it… last verified 10 Aug 2026
Statutory interest on judgment debts 6.25 percent 2017-01-05 Civil Procedure (Award of Interest) Act (Ch. 80, Statute… last verified 10 Aug 2026
Personal income tax brackets no single figure — Ministry of Finance, Government of The Bahamas last verified 23 Jul 2026
Statutory social-insurance contributions 2–11.3% across 2 contribution branches 2026-07-01 National Insurance Board of The Bahamas last verified 11 Aug 2026

Rate schedules and breakdowns

Withholding tax rates

0% across 4 withholding taxes — no single rate · in force from — · Official source: Department of Inland Revenue, The Bahamas - the taxes it administers are Value… · last verified 10 Aug 2026 secondary

Rates by payment type

keylabelrateapplies toSource
dividendsDividends0dividends paid to non-residents - no income tax exists, so no withholding is imposedDepartment of Inland Revenue, The…
interestInterest0interest paid to non-residents - no income tax exists, so no withholding is imposedDepartment of Inland Revenue, The…
royaltiesRoyalties0royalties paid to non-residents - no income tax exists, so no withholding is imposedDepartment of Inland Revenue, The…
servicesService, management and technical fees0service, management and technical fees paid to non-residents - no income tax exists, so no withholding is imposedDepartment of Inland Revenue, The…
Large multinational groups (EUR 750m+ consolidated revenue) are separately subject to the 15% Domestic Minimum Top-Up Tax at entity level for fiscal years from 1 January 2025 - a Pillar Two tax, not a withholding on payments.

Statutory social-insurance contributions

2–11.3% across 2 contribution branches · in force from 2026-07-01 · Official source: National Insurance Board of The Bahamas · last verified 11 Aug 2026

keylabelrate totalrate employeerate employerunitbaseceiling monthly
national_insuranceNational Insurance contribution — employed persons (single combined contribution funding all benefit branches)11.34.656.65percentInsurable wages for the contribution week (Monday to Sunday), capped at the insurable wage ceiling of BSD 830 per week / BSD 3,597 per month. The Board defines "wages" as INCLUDING basic pay (including pay in lieu of notice), formally declared tips and gratuities, and bonuses; and as EXCLUDING overtime payments and severance payments. Commission-paid workers are assessed on either the average weekly or monthly wage earned during the previous year or the actual wage for the week or month concerned. Daily and piece-work pay is assessed on the LOWER of the basic wage paid for similar work and the actual cash paid for the week or month.3597
ONE CONTRIBUTION, MANY BRANCHES. The Bahamas charges a single combined percentage; there is no branch-by-branch split on the payslip. That one contribution funds short-term benefits (sickness, maternity, funeral), long-term benefits (retirement, invalidity, survivors)…
national_insurance_industrial_onlyNational Insurance contribution — reduced (industrial-benefits-only) categories: employees earning less than 50% of the ceiling, employees aged 65 or over already in receipt of Retirement Benefit, and persons employed during the summer202percentThe same insurable wages as the standard category, capped at BSD 830 per week / BSD 3,597 per month. The 50%-of-ceiling test is applied to what the person earns by way of wages, so the qualifying line moves with the ceiling.3597
EMPLOYER-ONLY, AND IT BUYS ONLY INDUSTRIAL COVER. The employee in these categories has nothing deducted, and the employer's 2% does not build any pension, sickness, maternity or unemployment right — the Regulations restrict it to Industrial Benefits and Industrial Benefit…

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Compare each figure with the other North American countries: Policy interest rate · VAT rate · VAT registration threshold · Minimum wage · Public holidays · Inflation rate (CPI) · Corporate tax rate · Withholding tax rates · Statutory interest rate · Income tax rates · Social contributions

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What makes this different

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