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WATCH: Pierre Says No Tax For Government Contracts Valued $10,000 Or Less

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The government of Saint Lucia, led by Prime Minister Hon. Philip J. Pierre, will NOT TAX any government contract with a value $10,000 and below.

Before Prime Minister Pierre took Office, all government contracts were subject to a 10% income tax deduction.

Prime Minister Pierre has intervened. New legislation has passed to increase profitability and keep more money in the pockets of small contractors.

SOURCE: Office of the Prime Minister

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8 COMMENTS

  1. Has anyone noticed that this SLP government does not talk about sustainable economic development.
    No word about increased tourism or job creation. Everything about taxes and borrowing by this government.
    Did we have as many cruise ships as 2019? Are our stayover arrivals recovered as yet from the major pandemic that killed millions? The same pandemic that the SLP fought the UWP while they were trying to right the ship.

    All we hear is borrowing and taxation into the hundreds of millions even as citizens cannot pay bills and food bills are ravaging the country.
    You cannot run a country on taxes and borrowing which the SLP have done everytime and bankrupted the country.
    They are still playing the same old song!

  2. Ant, if the 863 million dollars borrowed by the previous government had been put into good use, today you would have the audacity to talk about taxes raised by this government.

  3. ANT
    We need excercise objectivity in our remarks. If we initially mis managed the country’s finances what is expexted in order to return to economic recovery?
    Its a step by step process. What i have seen so far is a focus on the construction industry which touches a large percentage of the economic workforce.
    The tourist dollar does not impact every one therefore impacting other sectors remain critical.

  4. The 10% was withholding tax which could have been claimed back on Tax Returns at the end of the year. Anyways, it’s just that these decisions seem to come out of nowhere. So many small contracts are being given out to cut grass and clean drains. These ppl which are plenty are saying the 10% is eating into their profit so King and PJP say stop it so we can plz those many voters who depend on small jobs from their Rep. NO sound economics behind any decision. Anyways.

  5. So only one set of people have to pay tax in this country? The same set of people that use private insurance (i.e. not a burden on government). The same set of people likely to not cause a problem in society. Why is that one bunch of people keep getting all the benefits and another have to sustain it?

  6. There seems to be no coherent strategy with this government. Just adhoc fly by night decisions to benefit a minority.

    Remove $8.5million in subsidies on flour which would have kept the price of bread low for all yet foregoing revenue which could have allowed continuation of the subvention to the benefit of the majority.

    Record cost of fuel and record revenue raised on fuel tax yet allow bus fares to increase for the majority when they could have reduced the tax and allow bus fares to remain low. I don’t get it.

    Meanwhile increased consultancy allocation in their budget so moneys can be funneled to party loyalists for whom public service posts cannot be created through “contracts”

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