April 2018

Section 25, read together with Section 32 of the Excise Ordinance (Chapter 52), as amended with the license fees for toddy tapping with effect from April 16, 2018.  

Gazette notification under Paragraph (e)(iii) of the Third Schedule of the Inland Revenue Act, No. 24 of 2017- official emoluments of any individual who is employed by the Asian Development Bank.    

Individuals other than who are in employment Resident employee who has furnished the Primary Employment Declaration* to Employer (Employee who is Resident & Citizen / Non-Citizen) Employee who is Non-Resident and Non-Citizen Any employee who has not furnish the primary employment declaration, or any employee employed under more than one employer * Primary Employment Declaration Form Every…

  Download Form Every employee is required to furnish Primary Employment Declaration Form, to the employer nominating his primary employment under New IRA. A declaration must be signed and dated by the employee and the employer, and may relate to one or more years of assessment. An employee must not have more than one primary…

  Download the document published by IRD IRD has published a document for Values of Non Cash Benefits for the purpose of PAYE. Non Cash Benefits can be categorized mainly into four as follows; Value of Company shares awarded by Employer . Value of benefits from any residence provided by the Employer Value of Transport…

   Download Circular Department of Inland Revenue has published a Circular to Commercial Banks and specialized Banks – Remittances which are not required to obtain a “Tax Clearance Certificate” to proceed the payment through a Banks [Circular No. SEC/2018/03_29 March 2018]  

The Excise (Amendment) Act, No. 4 of 2018 shall come into operation with effective on April 1, 2018. Excise (Amendment) Act, No. 4 of 2018 – Download English Excise (Amendment) Act, No. 4 of 2018 – Download Sinhala Section 15 of the Excise Ordinance (Chapter 52) is hereby amended by the repeal of paragraphs (b) and…

The Inland Revenue Act, No. 24 of 2017 comes into operation with effect on April 1, 2018. Inland Revenue Act, No. 24 of 2017 – Download English Inland Revenue Act, No. 24 of 2017 – Download Sinhala