The Complete Guide to Advance Personal Income Tax
October 10, 2020
The Sri Lankan government replaced the previously applied Pay As You Earn (PAYE) tax with a revised tax policy known as the Advance Personal Income
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How to Start a Business in Sri Lanka
September 24, 2020
Starting your own business in Sri Lanka may sound like a challenging task. How to start, what are the steps to take, what to avoid,
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Everything you need to know about Income Tax in Sri Lanka
September 20, 2020
We all need to pay taxes. But, when do we start? If this is the first time you’re paying taxes, or if you’re unsure about the process, we’ve compiled a step by step article. There’s no need to worry. We’ll guide you through the process. Taxes come in many forms. Income tax is where you have to submit a portion of your salary to the Government on a yearly basis. Paying your taxes is considered a civic duty, and failure in complying would result in either a fine or even result in serving jail time.
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Statement of Estimated Income Tax Payable – Income Tax Calculation
August 10, 2020
The article covers the following: What is a Statement of Estimated Income Tax Payable or SET? How do you estimate your payable tax amount? Who
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How to Protect Your Business from Covid 19 Crisis?
April 16, 2020
The Covid-19 crisis is not an isolated pandemic, instead a long tail interconnected incident with extreme levels of uncertainty, which is well beyond the experience of business leaders, verily a test for many business leaders on how they think and respond to shape strategy’
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Everything You Need to Know About Covid 19 Working Capital Loan- Sri Lanka
April 15, 2020
The President instructed all financial institutions to provide working capital requirement loans at an interest rate of 4 percent and wave off interest payments for at least six months. This will be applicable for SMEs, tourism, apparel, plantation, IT and logistics sectors.
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