Add St. Lucia News Online on Whatsapp +1758 712 6700; get major headlines and source us with news tips, photos, and videos

Government announces tax relief


 Share This On:

(PRESS RELEASE) – The Government of Saint Lucia continues to deliver on tax relief measures and passed an amendment to allow Residential property owners to benefit from a three-year exemption on Land and House Tax Act for 2017, 2018 and 2019.

The relief measure forms part of the Government’s “Five to Stay Alive” pre-election promise which has already seen the Government reduce the Value Added Tax (VAT), cut the former administration’s Vehicle License Increase by 50 percent and increase the School Feeding Programme and School Transportation subsidies.

Prime Minister and Minister for Finance, Economic Growth, Job Creation, External Affairs and the Public Service, Honourable Allen Chastanet brought the legislation before the House of Assembly on Tuesday, explaining that this three year exemption will benefit 11,220 registered residential homeowners who will save $5.2 million annually.

Said Prime Minister Chastanet: “It means that the owner of a residential property will not pay land and house tax for the three mentioned years . . . The total impact of this three year exemption is that residential homeowners obtain a reprieve from current taxes and an opportunity to take advantage of the ongoing tax amnesty to settle their arrears with the Inland Revenue Department. In addition it provides the Property Tax Division an opportunity to further strengthen its administrative framework to enhance the administration of property taxes in Saint Lucia.”

This article was posted in its entirety as received by This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of, its sponsors or advertisers.


  1. Where is the loss in revenue will be found to replace this tax relief? Chastanet is already borrowing $40m to finance the budget this means the country is broke. Yet still he is on another stupid thing. When will this idiot face reality?

  2. So tell us what will you increase to make up the difference.

  3. Yeah right ! OK and you are making this lost of revenue where ??? Fool me once you can't fool me twice that is what you said about the VAT but you did what in return on items that did not carry VAT ? OK you "claim" you reduce vehicle license fee but you turn around and did what ? OK When they announced a reduction petrol what did they turn around and did with cooking gas and kerosene ? OK you fool me once you can't fool me twice

  4. Thank you every cent counts


Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.