Tag: Tax

June 15, 2024

Withholding Tax Sri Lanka? Here’s Everything You Need to Know

Updated 2024 The Withholding tax was introduced in Sri Lanka as a tax charge on interest payments in 1986. In recent times, withholding tax has
May 20, 2024

Everything you need to know about Income Tax in Sri Lanka

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.
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 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
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
March 07, 2019

Budget 2019: A Basic Breakdown

It’s that time of the year again – a brand new financial year, and a brand new government budget to go with it!…