January 04, 2024

TIN Registration In Sri Lanka: What You Need To Know About The 2024 Update

Sri Lanka’s tax system has been updated with a new requirement for everyone aged 18 years or more. The Inland Revenue Department of Sri Lanka
November 29, 2023

2024 Budget update

It’s that time again – delving into the financial roadmap of Sri Lanka for 2024. Overview The proposed budget for 2024 paints an interesting financial
November 19, 2023

Budget 2024: Summary of Tax Provisions

As Sri Lanka’s fiscal year 2023/2024 unfolds, it’s crucial for taxpayers, businesses, and professionals to stay informed about the latest tax regulations and financial implications. 
June 03, 2023

Are You Required to Register for Tax? Check If You Fall into the 14 Categories

As the wheels of taxation keep turning, it’s vital for individuals and businesses to stay informed and adhere to the latest regulations. In a recent
February 22, 2023

Guide to Lump Sum Tax in Sri Lanka

As tax regulations and rates have been changing a lot recently, we thought we’d give you a breakdown of yet another important tax in Sri
January 30, 2023

Everything You Need to Know About Stamp Duty Sri Lanka

Stamp Duty in Sri Lanka is one of those government payments which you aren’t made explicitly aware of, but are required to pay on a
January 13, 2023

Change the way you manage your business with the Simplebooks Dashboard

Starting a new business is a daunting task, and there are many aspects to consider. One important aspect is business registration. Traditionally, these processes have
December 24, 2022

Capital Gains Tax in Sri Lanka: How to Calculate, Pay and More

Capital Gains Tax (CGT) in Sri Lanka is a fancy term the Inland Revenue Department (IRD) uses to describe the tax they charge you whenever
October 23, 2022

Everything you need to know about the new Income Tax Changes

The Inland Revenue (Amendment) Bill was published in the Gazette on the 11th of October 2022. This new bill was issued to amend the old
October 13, 2022

A guide to Simplified Value Added Tax

Let’s face it, Sri Lanka’s VAT and SVAT regulations aren’t the easiest to understand.  Most folks have advisors or accountants to help them navigate through