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14.5. Interest and Penalties

Following interest and penalties are levied:

  • Delay or failure to file tax returns attracts a penalty of 5% of the tax liability of the relevant tax year
  • Delay in payment of tax attracts a penalty of 10% and interest of 12.5% of the unpaid tax
  • Unpaid tax and penalties attract a monthly interest at a rate of 1.04% of the tax due
  • Willful evasion of tax attracts a penalty of 100% of the tax sought to be evaded

COVID-19 Emergency Measures

In response to the COVID-19 pandemic, Saint Lucia has waived the interest and penalties on all tax types due in the month of March 2020.