GOVERNMENT ANNOUNCES TAX RELIEF AND FEE REDUCTIONS TO HELP LOWER COST OF LIVING.

GOVERNMENT ANNOUNCES TAX RELIEF AND FEE REDUCTIONS TO HELP LOWER COST OF LIVING.

With the rising cost of living weighing heavily on households, the government is rolling out a series of relief measures aimed at putting money back into consumers’ pockets. Effective June 1st, the 6% service charge on price-controlled goods has been scrapped—and come July 1st, selected essential items will also be exempt from VAT. In addition, travel will become more affordable, with a 50% cut to airport service charges expected to boost regional tourism and ease travel costs for Saint Lucians.

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