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14.3. Calendar of Important Compliance Events

Tax Year

The tax year is the fiscal year in Saint Lucia. A different tax year may be allowed if authorized by the tax authorities.

Tax Return Filing

Taxpayers are required to file the tax returns within 3 months from the end of the tax year. An extension for the filing of tax returns may be obtained from tax authorities. Tax returns must be accompanied by financial statements along with a schedule reconciling taxable income with book income and various other schedules of additional information.

Tax Payments

Advance tax is payable in three equal instalments on 25 March, 25 June, and 25 September each year. Each instalment is equal to one-third of the preceding year's taxable income. The final tax due is payable along with the tax return.

Tax Amnesty Program

Saint Lucia announced a tax amnesty program starting from 1 May 2022 until 30 April 2023 which provides a 100% waiver of penalties and interest on all outstanding tax liabilities for the tax periods 2000 up to 2020, except for PAYE, withholding tax (including contract tax) and VAT. Additionally, all tax liabilities including interest and penalties due on tax liabilities prior to the tax period 2000 are also waived. Taxpayers who fail to take advantage of this amnesty and settle their tax liabilities will face a variety of enforcement actions, including penalties and interest associated with the amounts outstanding.

Availability of E-Filing

Tax returns can be filed electronically on the dedicated portal of tax authorities: https://efiling.govt.lc/taxefs/auth/Public/LogOn.aspx.