If you’ve received a text message from the Inland Revenue Department (IRD) stating “IIT Paying-in-slip Generated,” you m...
Calculating the Tax Liability for the Year of Assessment 2023/2024
September 28, 2024
On 24th September 2024, the Department of Inland Revenue of Sri Lanka issued a crucial notice to all taxpayers, remindin...
Cost And Time Frame To Have A Sri Lankan Company
February 1, 2024
Updated: 2024 Introduction: Embarking on the journey of establishing a company in Sri Lanka is an exciting venture. H...
Understanding the Mandatory Registration of Resident Persons in Sri Lanka under Section 102 of the Inland Revenue Act
December 30, 2023
Introduction: As we usher in the new year, residents of Sri Lanka face a significant change in tax regulations. Effectiv...
Navigating Tax Changes in Sri Lanka for 2023/2024: A Simple Guide
December 5, 2023
Introduction As the financial year in Sri Lanka kicks off on April 1st and runs through March 31st, it’s esse...
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