The Government of Saint Lucia has issued a release announcing an annual personal income tax exemption threshold of XCD (EC $) 25,400 with effect from 1 January 2023, which is up from XCD 23,000.
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New tax policy in effect
GOVERNMENT REMAINS MINDFUL OF THE IMPACT OF GLOBAL ECONOMIC PRESSURES ON THE AVERAGE SAINT LUCIAN HOUSEHOLD.
The Government of Saint Lucia is putting money back in the pockets of ordinary Saint Lucians.
Effective January 1, 2023, those earning up to EC $25,400 annua…