Updated Inactive VAT List as at 20-02-2019
Department of Inland Revenue has published updated VAT Inactive List as at 20-02-2019. Download Inactive VAT List as at 20-02-2019
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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 been printed nor posted for manual submission. IRD highly promotes all other taxpayers as well…
PAYE Return for the Y/A 2019/2020
Department of Inland Revenue has published Annual Statement of Employer (PAYE Return) for the Y/A 2019/2020. Download Annual Statement of Employer 2019/2020 Schedule 01 – For Remuneration Other than and Once- and –for – all payments Schedule 02- For Ones- and-for-all Payments Instructions to Complete the Annual Statement of Employer and Schedules
Corporate Income Tax Return and Guide – YA 2019/2020
Department of Inland Revenue has published a sample format of Corporate Income Tax Return and Guide to filling the Return & Schedules for the Y/A 2019/2020. Download: Return of Income – [Asmt_CIT_001_E] Schedules to Return of Income – Part A – [Asmt_CIT_002A_E] Schedules to Return of Income – Part B – [Asmt_CIT_002B_E] Guide to Corporate…
Income Tax Guide (Individuals)- Year of Assessment 2018/2019
Department of Inland Revenue has published Guide to Individuals Tax Return of Income – Year of Assessment 2018/2019. Download English Guide Download Sinhala Guide
Download: Returns of Income – Year of Assessment 2022/2023
Individuals Partnerships Resident, Non-Resident Companies, Entities and Corporations, etc. facebook, youtube, amazon, weather, google maps, news, gmail, sports, movies, music, games, translate, dictionary, shopping, flights, hotels, jobs, health, travel, recipes
IRD Notice on Tax proposals announced in the Budget – 2021
The Commissioner General of Inland Revenue has published a notice pertaining to changes proposed in the Budget 2021 to the Inland Revenue Act, No. 24 of 2017. These changes mainly relate to the following: Exemptions from Income Tax Tax rate changes Tax computation, deductions and qualifying payments Tax administrative measures Other proposals Tax relief measures…
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
Recent Amendments to the Social Security Contribution Levy (SSCL): Key Takeaways from IRD Notice PN/SSCL/2026-04/1
The Inland Revenue Department (IRD) has published a crucial Notice to Taxpayers (PN/SSCL/2026-04/1, dated April 16, 2026) outlining significant modifications to the Social Security Contribution Levy. These changes are mandated by the recently enacted Social Security Contribution Levy (Amendment) Act, No. 10 of 2026, which was certified by the Speaker on April 9, 2026. For…
Gazette on Foreign Exchange Regulations
EY has issued a Tax Alert which provides a snapshot of the policy changes to the Foreign Exchange Regulations by order published in Gazette Notification 2169/3 dated 02 April 2020. Download EY Tax Alert Download Gazette No. 2169/3
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
New Year, New Levies: Casino Entrance Fee Doubled and Betting Taxes Hiked for 2026
By Lanka Tax Club Editorial Team The Inland Revenue Department (IRD) has issued a significant notice regarding the Betting and Gaming industry, announcing immediate changes to levies effective from January 01, 2026. Following the amendments made to the Betting & Gaming Levy Act, No. 40 of 1988 by the Betting and Gaming Levy (Amendment) Act…
Budget 2019 – Proposals on Income Tax
Income Tax (Amendments to the Inland Revenue Act, No.24 of 2017) Exemptions The Earnings by any non-resident person on any sovereign bond denominated in local or foreign currency will be exempted. Interest income earned by any resident person on sovereign bonds denominated in foreign currency, including Sri Lanka Development Bonds (SLDB) will be exempted. Interest…