Sri Lanka

Sri Lanka: Sri Lanka Inland Revenue Department Announces July 2026 VAT Return Compliance

As of 13 August 2026, the Inland Revenue Department of Sri Lanka issued a formal notice requiring all registered taxpayers to make tax payments and furnish Value Added Tax returns for the month of July 2026. This notice operates under the provisions of the Value Added Tax Act, No. 14 of 2002, and its implementing […]

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Sri Lanka: Sri Lanka Inland Revenue Department Announces July 2026 Social Security Contribution Payment

As of 13 August 2026, the Inland Revenue Department of Sri Lanka issued a notice compelling all applicable employers and entities to make Social Security Contribution Levy (SSCL) payments for the month of July 2026. The SSCL, established under the Social Security Contribution Levy Act, No. 10 of 2006, constitutes a statutory deduction from employee

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Sri Lanka: Sri Lanka Inland Revenue Department Announces July 2026 Advanced Personal Income Tax Payment

As of 13 August 2026, the Inland Revenue Department of Sri Lanka issued a notice requiring taxpayers and financial institutions to make Advanced Personal Income Tax (APIT) and Withholding Tax (WHT) payments pertaining to amounts withheld or accrued during the month of July 2026. The notice specifically addresses tax obligations on interest income and various

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Sri Lanka: Sri Lanka Revenue Quarterly Tax Instalments 2026/2027 Year of Assessment

The Inland Revenue Department of Sri Lanka, under the stewardship of the Commissioner General of Inland Revenue, has announced the release of Circular No. SEC/2026/E/06 (Re-Revised), dated 12 August 2026, providing authoritative guidance on the computation and remittance of quarterly advance income tax instalments for the forthcoming Year of Assessment 2026/2027. This regulatory instrument emanates

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Sri Lanka: Sri Lanka Inland Revenue Department Issues August 2026 Income Tax Payment Deadline

As of 7 August 2026, the Inland Revenue Department of Sri Lanka issued a public notice enjoining all taxpayers – individuals, partnerships, and corporations – to make income tax payments on or before 15 August 2026. This directive encompasses all categories of income tax, including Individual Income Tax (IIT), Personal Income Tax (PIT), and Corporate

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Sri Lanka: Sri Lanka Revenue Quarterly Tax Instalments 2026/2027 Year of Assessment

The Inland Revenue Department of Sri Lanka, under the stewardship of the Commissioner General of Inland Revenue, has announced the release of Circular No. SEC/2026/E/06 (Revised), dated 6 August 2026, providing authoritative guidance on the computation and remittance of quarterly advance income tax instalments for the forthcoming Year of Assessment 2026/2027. This regulatory instrument emanates

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Sri Lanka: Sri Lanka Revenue Quarterly Tax Instalments 2026/2027 Year of Assessment

The Inland Revenue Department of Sri Lanka, under the stewardship of the Commissioner General of Inland Revenue, has announced the release of Circular No. SEC/2026/E/06, dated 3 August 2026, providing authoritative guidance on the computation and remittance of quarterly advance income tax instalments for the forthcoming Year of Assessment 2026/2027. This regulatory instrument emanates from

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