IRD Circular to Withholding Agents (WHA) on Deduction of Withholding Tax and Advance Income Tax

Department of Inland Revenue has published a Circular to Withholding Agents (WHA) on Deduction of Withholding Tax and Advance Income Tax. Download IRD Circular No. SEC/2020/04 | Dated: 19 May 2020

IRD Circular to Banks and Financial Institutions on Deduction of Withholding Tax and Advance Income Tax

Department of Inland Revenue has published a Circular to Banks and Financial Institutions on Deduction of Withholding Tax and Advance Income Tax. Download IRD Circular No. SEC/2020/03 | Dated: 19 May 2020

Further Extension of Tax Return Submission Dates

Department of Inland Revenue has published a notice in addition to the notice issued under PN/Tax Returns/2020-01 on 21.04.2020 allowing extension for submission of returns and taking in to account the prevailing situation in the country, the date of submission

Inbound Tour Operators exempt from VAT with effect from 1 April 2020

Department of Inland Revenue has published a notice as per the approval granted by the Cabinet of Ministers and instructed by the Ministry of Finance on April 24, 2020, the supply of services in respect of inbound tours by a

Further Instructions on Alternative Tax Payment System (ATPS) through Online Fund Transfer Facility

Department of Inland Revenue has published notice by providing further instructions in addition to the notice published on 08.04.2020 (No. PN/PMT/2020-1) on Alternative Tax Payment System (ATPS) through Online Fund Transfer Facility, by considering some practical issues encountered by the taxpayers. Download

IRD Notice on Making Payments of IT, PAYE, APIT, WHT (AIT)

As per the notice published by the Commissioner General of Inland Revenue, PAYE payment for the period from January 01, 2020 to March 31, 2020, WHT/AIT, APIT payments for the month of April 2020 and income tax (IT) 4th installment payment

IRD Notice on Issuance of Credit Voucher Books

Department of Inland Revenue has published notice by specifying instructions to obtain credit voucher books for Registered Identified Purchasers (RIPs) under SVAT Scheme. Download IRD Notice No. PN/VAT/2020-06 | Dated: 13.05.2020

IRD Notice to ETF Board, Provident Funds and Employers who have retained the Tax on Terminal Benefits to Retiring Employees

Extension of Time to Remit Tax to the Inland Revenue Department Any amount (in lieu of income tax) retained by the Employees’ Trust Fund Board (ETF), any Provident Fund or Employer as per the Circular No. SEC/2020/02 of the Commissioner-General of Inland

Submission of Statement Estimated Tax (SET) Payable for the year of assessment 2019/2020

Department of Inland Revenue has published notice by extending the due date of the Submission of Statement Estimated Tax (SET) Payable – Year of assessment 2019/2020. Accordingly, SET could be submitted to the IRD once the IRD is opened for the

Tax Deduction Certificate T-10 for the YA 2019/2020

Department of Inland Revenue has published Certificate of Income Tax Deductions – (P.A.Y.E_T-10 (new)) format for the Y/A 2019/2020. Download Tax Deduction Certificate T-10 for the YA 2019/2020

For Individuals: Instructions on the 4th Installment Payment for the Year of Assessment 2019/2020

Department of Inland Revenue has published a Notice for by instructing Individuals to compute the 4th Installment Payment for the Year of Assessment 2019/2020. Download IRD Notice PN/IT/2020-04 (06.05.2020): English | Sinhala

For Partnerships and Partners in a Partnership: Computation and Payment of Income Tax for the Year of Assessment 2019/2020

Department of Inland Revenue has published a Notice for by instructing Partnerships and Partners in a Partnership to compute the income tax payable (subject to the provisions of the IRA) for the Year of Assessment 2019/2020. Download IRD Notice PN/IT/2020-05