author_orbitax
Orbitax

Share This Article

Saint Lucia 2023/2024 Budget Includes New Health and Security Levy

11 May 2023

|

Proposed Changes

|

Saint Lucia

The Saint Lucia government has published the Prime Minister's 2023/2024 Budget Address, which was delivered on 25 April 2023. Tax measures covered in the address include the following: The introduction of a Health and Security Levy at the rate of 2.5% on goods and services from 1 July 2023, with the exception of food items, medicines, select buildings materials, medical equipment, and security equipment; The removal of VAT (12.5%) on "plywood, lumber, steel, cement, and galvanize" for a period of two years beginning 1 July 2023; The extension of the one-year tax amnesty program for taxes paid by 1 May...