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July 6, 2025
  • Understanding Employment Income and APIT for Resident Individuals in Sri Lanka – Year of Assessment 2024/2025
  • Simplified Value Added Tax (SVAT) Scheme in Sri Lanka
  • Tax Invoice in Sri Lanka: A Comprehensive Guide
  • Certificate of Income Tax Deductions (T-10): An Overview

Lanka Tax Club

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  • Understanding Employment Income and APIT for Resident Individuals in Sri Lanka – Year of Assessment 2024/2025

    1 week ago1 week ago
  • Simplified Value Added Tax (SVAT) Scheme in Sri Lanka

    10 months ago9 months ago
  • Tax Invoice in Sri Lanka: A Comprehensive Guide

    10 months ago1 week ago
  • Certificate of Income Tax Deductions (T-10): An Overview

    10 months ago9 months ago
  • Understanding the 5% Advance Income Tax on Interest in Sri Lanka

    11 months ago11 months ago
  • What is Employment Income | How to calculate Assessable Income from Employment for the Y/A 2023/2024 & Y/A 2024/2025

    11 months ago10 months ago
  • Important Notice for VAT Registered Persons: Steps to Reclaim Credit Vouchers

    11 months ago10 months ago
  • Notice to Taxpayers: Beware of Fraudulent Activities

    11 months ago10 months ago
  • VAT & SVAT Registration requirements for Tea, Rubber, and Coconut Suppliers – SEC/2024/E/01 [04 Jan 2023]

    1 year ago10 months ago
  • Is it necessary for individuals who are not residents to obtain a Taxpayer Identification Number (TIN)?

    1 year ago10 months ago
  • VAT on Financial Services

    1 year ago10 months ago
  • How to get a TIN Certificate | | How to determine Residency

    1 year ago10 months ago
  • Is it mandatory to register with the Inland Revenue Department and obtain a Tax File Number (TIN)

    2 years ago10 months ago
  • Application Form for Temporary VAT Registration

    2 years ago10 months ago
  • Home
  • 2018
  • May

May 2018

  • Tax Related News

Taxes and other levies are not deductible

Lanka Tax Club7 years ago7 years ago31 mins

Following taxes or other levies are not deductible when calculating a person’s income under New Inland Revenue Act. Income Tax Economic Service Charge Value Added Tax on Financial Services Nation Building Tax on Financial Services Crop Insurance Levy Supper Gain Tax Bars and Taverns Levy Casino Industry Levy Mobile Telephone Operator Levy Satellite Location Levy…

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  • Tax Related News

Withholding Tax​ from Investment returns

Lanka Tax Club7 years ago7 years ago61 mins

Department of Inland Revenue has published notice on Deduction of Withholding Tax​ from Investment returns with effect from 01 April 2018.

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  • Tax Related News

Withholding Tax from Service fees and Contract Payments

Lanka Tax Club7 years ago41 mins

Department of Inland Revenue has published notice on Deduction of Withholding Tax from Service fees and Contract Payments with effect from 01 April 2018.

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  • Tax Related News

Draft manual for New Inland Revenue Act, No. 24 of 2017

Lanka Tax Club7 years ago01 mins

Department of Inland Revenue has published Draft manual for New Inland Revenue Act, No. 24 of 2017.

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Recent Posts

  • Understanding Employment Income and APIT for Resident Individuals in Sri Lanka – Year of Assessment 2024/2025
  • Simplified Value Added Tax (SVAT) Scheme in Sri Lanka
  • Tax Invoice in Sri Lanka: A Comprehensive Guide
  • Certificate of Income Tax Deductions (T-10): An Overview
  • Understanding the 5% Advance Income Tax on Interest in Sri Lanka