In a bold step to invigorate the economy, the government of St. Lucia has reduced its Value Added Tax (VAT) rate from 15% to 12.5%. Announced on February 1 by Prime Minister Allen Chastanet, this significant tax cut is part of a broader strategy to enhance competitiveness, stimulate consumption, and alleviate the financial pressures on […] The post New VAT Move: St. Lucia’s Pro-Growth Strategy first appeared on Montserrat News: Your Island Hub.