Saint Lucia is reportedly revising the personal income tax brackets and rates as follows with effect from 1 January 2023, including a reduction in the number of brackets from four to three:

• up to XCD 15,000 - 15%
• XCD 15,001 to 30,000 - 20%
• over XCD 30,000 - 30%

In addition to the bracket/rates changes, two other important changes will also be made from 1 January 2023, including an increase i…