How to file PAYE Annual Declaration for the Y/A 2018/2019
Department of Inland Revenue has published a quick guide for “How to file PAYE Annual Declaration for the Y/A 2018/2019” Download PAYE quick guide
April 2019
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Due date of submission of PAYE and WHT Returns extended
Department of Inland Revenue has extended due date of submission of PAYE Annual Declaration and WHT Return for the Y/A 2018/19 up to May 15, 2019. IRD Notice
Highlights on WHT Return and Schedules
The Department of Inland Revenue has now published in their website, the Withholding Tax Return, Schedule Templates and Guidelines applicable for the year of assessment 2018/2019, in terms of section 84 and 85 of the Inland Revenue Act No. 24 of 2017 and the Circular No. SEC/2018/06 published on 18 April 2018. Please find attached…
New Commissioner General of Inland Revenue Department
The Cabinet of Ministers has approved the appointment of Mr. Nadun Guruge as the Commissioner General of Inland Revenue Department. Mr. Nadun Guruge had previously served as the Deputy Commissioner General of Inland Revenue Department and was later appointed the Acting Commissioner General of Inland Revenue Department.
Gazette to be released on Budget 2019
Following gazettes to be released on Budget 2019. DATE GAZETTE NO. DESCRIPTION DOWNLOAD 09-04-2019 2118/24 Luxury Tax on Motor vehicles Click here to download 04-04-2019 2117/48 Gazette Notification Issued under Excise (Special Provisions) Act to Release Vehicles Laying in Hambantota Port in 2015 – 2017 Click here to download 04-04-2019 2117/48 Application Specified in Schedule…
Withholding Tax Return and Guidelines – Year of Assessment 2018/2019
The Department of Inland Revenue has now published in their website, the Withholding Tax Returnand Guidelines applicable for the year of assessment 2018/2019, in terms of the provisions in the Inland Revenue Act No. 24 of 2017 and the Circular No. SEC/2018/06 published on 18 April 2018. Withholding Tax Return Guidelines to Fill the Statement…
Updated Schedule Verification Tool
WHT Annual Statement – Year of Assessment 2018/2019 is due on April 30, 2019 which is required to submit together with applicable WHT schedules. IRD has published “Updated Schedule File Verifier Tool” in order to verify the WHT schedules applicable under new IRA. Click on below link to Download and run the Updated Schedule File…
WHT Schedules applicable with effective from 01 April 2018
IRD has published WHT schedules applicable w.e.f. 01-04-2018 (Y/A 2018/2019) Schedule 1 – Withholding Tax Deduction from Interest / Discount Schedule 2A – Withholding Tax on Payments to Resident under Section 84 & 85 Schedule 2B – Withholding Tax on Payments to Non Resident under Section 84 & 85 Schedule 3 – Withholding Tax Deduction…