Saint Lucia

Individual - Significant developments

Last reviewed - 29 January 2021

Effective 1 January 2020, personal allowances were to be increased as follows:

  • From 18,000 East Caribbean dollars (XCD) to XCD 23,000 for non-pensioners.
  • From XCD 24,000 to XCD 31,000 for pensioners.

The tax brackets and income tax rates were to be revised as follows:

Taxable income (XCD) Tax rate (%)
0 to 10,000 10
10,001 to 20,000  20
Over 20,000 30

Deductions against chargeable income were to be capped at XCD 25,000 in any one income year, and the categories available were to have been reduced from 28 to the following categories:

  • Housing deductions.
  • Future and financial benefits.
  • Medical deductions.
  • Child and education benefits.

To date the legislation to enact these changes has not been passed.