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April 15, 2026
  • Major Tax Overhaul for the Textile Sector: Fabric Imports Now Subject to 18% VAT
  • Navigating the 2026 Tax Landscape: Quick-Reference Guide to the Inland Revenue Amendment Bill
  • New SSCL Amendments: Key Changes from Act No. 24 of 2025
  • New Year, New Levies: Casino Entrance Fee Doubled and Betting Taxes Hiked for 2026

Lanka Tax Club

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Headlines
  • Major Tax Overhaul for the Textile Sector: Fabric Imports Now Subject to 18% VAT

    4 days ago4 days ago
  • Navigating the 2026 Tax Landscape: Quick-Reference Guide to the Inland Revenue Amendment Bill

    4 weeks ago4 weeks ago
  • New SSCL Amendments: Key Changes from Act No. 24 of 2025

    3 months ago3 months ago
  • New Year, New Levies: Casino Entrance Fee Doubled and Betting Taxes Hiked for 2026

    3 months ago3 months ago
  • UPDATE: Implementation of New Standardized Tax Invoice Format Postponed to April 2026

    4 months ago4 months ago
  • Sutherland v Commissioner of Income Tax (CTC Volume I)

    4 months ago4 months ago
  • TIN

    Bank & Finance Company TIN List for Interest Income & AIT/WHT Schedules

    5 months ago3 months ago
  • Budget 2026

    Budget 2026 – Key Revenue Proposals and What They Mean for You

    5 months ago5 months ago
  • Capital Gain Tax (CGT)

    Capital Gains Tax (CGT)

    7 months ago2 months ago
  • New VAT Rules for Digital Services Supplied by Non-Residents in Sri Lanka – Effective from 1 October 2025

    9 months ago9 months ago
  • Understanding Employment Income and APIT for Resident Individuals in Sri Lanka – Year of Assessment 2024/2025

    10 months ago10 months ago
  • Simplified Value Added Tax (SVAT) Scheme in Sri Lanka

    2 years ago2 years ago
  • Tax Invoice in Sri Lanka: A Comprehensive Guide

    2 years ago10 months ago
  • Certificate of Income Tax Deductions (T-10): An Overview

    2 years ago2 years ago
  • Home
  • Extension

Extension

  • Tax Related News

Extension for tax on terminal benefits

Lanka Tax Club5 years ago01 mins

Income tax on terminal benefits due for the retiring employees for which such employees were required to produce a Direction from the IRD within 90 days from the date of such retention of tax is further extended to 31 January 2021. Download IRD Notice: PN/APIT/2020-05 | Dated: 30.12.2020

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Extension of Time to Remit Tax to the Inland Revenue Department
  • Tax Related News

Extension of Time to Remit Tax to the Inland Revenue Department

Lanka Tax Club5 years ago01 mins

Notice to ETF Board, Provident Funds and Employers who have retained the Tax on Terminal Benefits to Retiring Employees;  Any amount retained by the ETF Board, any Provident Fund or Employer, as income tax on terminal benefits due for the retiring employees for which such employees were required to produce a Direction from the IRD…

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Extension of Validity Period of the VAT Active Certificates
  • Tax Related News

Extension of Validity Period of the VAT Active Certificates

Lanka Tax Club5 years ago5 years ago01 mins

Taking into account of the prevailing situation in the country, the validity period of all VAT Active Certificates (which are expiring on or after October 01, 2020) issued by the Inland Revenue Department to the VAT registered persons are extended until December 31, 2020. Download IRD Notice No. PN/TC/2020-07 | Dated: 02 November 2020

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Recent Posts

  • Major Tax Overhaul for the Textile Sector: Fabric Imports Now Subject to 18% VAT
  • Navigating the 2026 Tax Landscape: Quick-Reference Guide to the Inland Revenue Amendment Bill
  • New SSCL Amendments: Key Changes from Act No. 24 of 2025
  • New Year, New Levies: Casino Entrance Fee Doubled and Betting Taxes Hiked for 2026
  • UPDATE: Implementation of New Standardized Tax Invoice Format Postponed to April 2026