Saint Lucia

Subsequent to the Budget presentation by the Prime Minister and Minister of Finance on 26 April 2022, the changes to the personal allowances and income tax rates and bands will be effective from 1 January 2023.

The personal allowance deduction available to resident individuals has increased from 18,000 to 25,000 East Caribbean dollars (XCD). The income tax rates and bands have also changed effective 1 January 2023.