Notice on Online Tax Registration
Taking into account of the COVID – 19 pandemic situation in the country, importers and exporters of goods are requested to obtain Taxpayer Identification Number (TIN) and Value Added Tax Registration (temporary or permanent) through e-Services provided in Inland Revenue web portal. Download IRD Notice: PN/TPS/2021-02 | Dated: 03.03.2021
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
How to get a TIN Certificate | | How to determine Residency
How to get a TIN Certificate Online: IRD Link to register as a Taxpayer and obtain your TIN By Visit or Post: This form (Name A below) is to be submitted along with supporting documents to the Primary Registration Unit at the IRD head office or any of the Metro Branches or Regional Offices. If…
Updated Schedules for Withholding Tax Credit
Department of Inland Revenue has published updated schedules for WHT Credit which are required to be submitted together with Income Tax Return. Individuals Schedule for Withholding Tax Credit Schedule for Withholding Tax Credit (Amendment) Partnerships Schedule for Withholding Tax Credit Schedule for Withholding Tax Credit (Amendment) Resident, Non-Resident Companies, Entities and Corporations, etc. Schedule for…
How to search for system generated Paying-in-slip Number/ Payment Voucher Number /DIN number
Department of Inland Revenue has introduced a search facility to obtain system generated Paying-in-slip Number/ Payment Voucher Number /DIN number. Link to Search Paying-in-slip Number/ Payment Voucher Number /DIN number.
Ascertainment of Income Tax Payable for the Year of Assessment 2018/2019
How to compute income tax payable for the Y/A 2018/2019 who has obtained the approval for calendar year basis ? Taxpayers who have obtained the approval to make up their accounts for calendar year basis, the ascertainment of Income Tax payable for the year of assessment 2018/2019 has to be computed following manner; For…
Updated SVAT Registered Persons (RIPs & RIPs)
Department of Inland Revenue has published updated SVAT Registered Persons (RIPs & RIPs) as at 20.02.2019. List of Registered Identified Suppliers (RISs) [20-02-2019] List of Registered Identified Purchasers (RIPs) [20-02-2019]
Value Added Tax (Amendment) Bill – 2022
This amendment is to increase the VAT rate from 15% to 18% per centum on supply of financial services on financial institutions with effect from January 1, 2022 and to exempt certain goods and services from VAT in order to give effect to budget proposals of 2022. Download Bill – English | Sinhala
Interest and repayment of capital
The interest and repayment of capital under subsections (1) and (2) of section 31 of the Inland Revenue Act, No. 24 of 2017, shall be calculated as if the loan were a blended loan with interest compounded six-monthly or other period which is considered by the generally accepted accounting principles.
Sample Format of Individual Income Tax Loss Adjustment Sheet – 2018/2019
Department of Inland Revenue has published a Sample Format of Individual Income Tax Loss Adjustment Sheet – 2018/2019. Download – Sample Format of Individual Income Tax Loss Adjustment Sheet – 2018/2019