Approximately 15, 000 hardworking Saint Lucians will benefit from another timely fiscal intervention orchestrated and implemented by the Pierre Administration.
Effective January 1, 2023, Saint Lucians earning up to XCD $25, 000 annually will be exempted from paying income tax.
The tax breaks put money back in the pockets of Saint Lucian households and redirect up to XCD $14 million back into the local economy.
The new tax cuts follow a series of targeted fiscal measures to protect Saint Lucian consumers from the impact of external economic shocks.