Major Tax Relief for Taxpayers as Government Expands Allowances and Exempts Pensions

Significant tax relief is on the way for Saint Lucians as sweeping changes to the country’s income tax regime take effect for the 2025 income year. The amendments, recently passed in Parliament, increase child allowances, expand deductions for mortgage interest and medical expenses, raise investment caps, and make pension income fully tax-exempt.

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This episode was published on February 26, 2026.

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