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…
Special Commodity Levy has been imposed on Mackerel, Peas, Seeds etc and shall be valid for a period of 06 months commencing from March 08, 2018. Download – English Download – Sinhala
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…
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…
New Gazette has been issued by approving “Center for Handicapped” Organization as a charitable Institution under the Inland Revenue Act No. 24 of 2017. Download Gazette: English | Sinhala
Taking into account the prevailing situation in the country, the temporary arrangements have been made to provide certain services through e-Services/e-Mails/telephone by the Inland Revenue Department. Refer to below the paper notice for more details. Download Paper Notice No: PN/TPS/2020-3 | Dated: 08.10.2020
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Ministry of Finance has published on their website a press release on the latest Income Tax changes. Download Press Release – Amendments to the IRA No. 24 of 2017
Department of Inland Revenue has published a Circular stating instructions to taxpayers for requesting a private ruling – Circular No. SEC/2018/07.
As the approval granted by the Cabinet of Ministers and instructed by the Ministry of Finance on December 17, 2020, piece based VAT rate applicable on local supply of certain garments classified under the HS Chapters 61, 62 and 63 by export oriented Board of Investment enterprises, has been reduced to Rs. 25/- from Rs….
The Colombo Port City Economic Commission Act was passed in Parliament on the 19th of May 2021 and is pending certification by the Speaker. Download EY Analysis of Colombo Port City Economic Commission Act. Colombo Port City Economic Commission Act – English
Department of Inland Revenue has published Advance Personal Income Tax (APIT) Tables for the Y/A 2020/2021. Index: Index Table – 1: [Monthly Tax deductions from regular profits] How to apply Table 1 Table 1 Table – 2: [Rates for the deduction of tax from Lump-sum-payments] How to apply Table 2 Table – 3: [Rates for the…
Download and run the Schedule File Verifier Tool to verify your schedules (VAT/SVAT/PAYE/WHT/CIT/IIT/PIT) before submitting to IRD via E-filing. Download Link (Version – 5.7.1) – 23 April 2021 Guide for “How to use the schedule verification tool”
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