Exempt amounts under third schedule of the Inland Revenue Act No. 24 of 2017

Exempt amounts under third schedule of the inland revenue act no. 24 of 2017

Exempt amounts under third schedule of the inland revenue act no. 24 of 2017 Download Schedule 01 Code Table 19/20

List of Codes for Special Tax Rates 19/20

Code for Tax Rate which are applicable to fill the return of Income Year of Assessment -2019/2020 Download the List of Codes for Special Tax Rates 19/20 >>

Budget 2021

Budget speech 2021 and budget analyses. Budget Speech 2021 Budget Speech (Including Technical Notes): English | Sinhala | Tamil Budget 2021 analyses Ernst & Young: Sri Lanka 2021 budget proposals – at a glance KPMG: Budget Analysis 2021 Deloitte: Budget Highlights 2021

Customs changes on Budget 2021

Customs changes on Budget 2021 are as follows; 2021 Budget Import Cess Letter 2021 Budget Import Cess Annexure Order under Section 14 of Sri Lanka Export Development Act No. 40 of 1979 Revenue Protection Order No.08.2020 published under Revenue Protection

Customer Information Update via IRD e-Services

Customer Information Update via IRD e-Services

Taking in to account the prevailing situation in the country, the services of the Customer Information Update Unit can be availed via IRD e-Services. Download IRD Notice No. PN/TPS/2020-3 (Amended) | Dated: 17 November 2020 for the steps to be followed.

Budget Seminar 2020 EY Sri Lanka – FREE

Join EY’s 20th Post Budget Conference 2020 LIVE on Microsoft TEAMS. To receive the event invite send your joining instructions here: https://cvent.me/7kWk94 FREE ENTRANCE / REGISTRATION

A person who filed a Tax Return electronically (via e-Service) for the Y/A 18/19 shall continue to file Tax Returns in that manner

A person who filed a tax return electronically (via e-Service) for the Y/A 18/19 shall continue to file Tax Returns in that manner

The IRD has informed that the taxpayers who had e-Filed the Return of Income for the last Year of Assessment (2018/ 2019), should e-File their Returns of Income for this year. Further, Returns of Income of such taxpayers have neither

Tax Payments & Returns due dates – November 2020

Tax payments & Returns due dates and tax types & payment period codes for the month of November 2020 are as follows: NOVEMBER 15TH Corporate Income Tax (CIT) 2nd Instalment for the Y/A 2020/2021 is due on November 13, 2020 (Since

Revised IRD Notice on Requirement of Tax Clearance Certificates for Outward Remittances

IRD has informed that the Notice issued on 08 April, 2020 under the reference No. PN/TC/2020-03 is still valid and all Commercial Banks & Authorized Dealers Engaged in Outward Remittances and the Persons who make Outward Remittances are kindly requested to adhere

Revised IRD Notice on issuing Tax Residency Certificates (TRC)

Revised notice on issuing Tax Residency Certificates

Taking into account the prevailing situation in the country, IRD has revised the arrangements have been made to issue Tax Residency Certificates (TRC). Download IRD Notice No. PN/TC/2020-05 (Revised) | Dated: 03 November 2020

Furnishing Returns of Income for the Year of Assessment 20192020

Furnishing Returns of Income for the Year of Assessment 20192020

Penalties for failure to file a return on time as provided in IRA will not be imposed, where the Return of Income for the Year of Assessment 2019/2020 is furnished on or before February 28, 2021. Download IRD Notice No. PN/IT/2020-09

Extension of Validity Period of the VAT Active Certificates

Extension of Validity Period of the VAT Active Certificates

Taking into account of the prevailing situation in the country, the validity period of all VAT Active Certificates (which are expiring on or after October 01, 2020) issued by the Inland Revenue Department to the VAT registered persons are extended