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St Lucia cuts VAT to 12.5%

  • VAT
  • 18 February 2017 | Richard Asquith

St Lucia cuts VAT to 12.5%

The Eastern Caribbean island of St Lucia this week announced a reduction in Value Added Tax from 15% to 12.5%.

VAT was introduced to St Lucia in 2012 at 15%, a relatively high rate for the region.  Hotel and accommodation services are charged at 10%.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.