Tax in Sri Lanka

New VAT Invoice Format Sri Lanka

July 15, 2026

What Changed and Why It Matters If your business is VAT-registered, tax invoice Sri Lanka rules changed on 1 July 202...

by Isura Sirisena

January 15, 2026

The latest VAT requirements for IT outsourcing in Sri Lanka for 2026 bring major changes for exporters and tech firms. ...

by Isura Sirisena

May 15, 2025

On April 11, 2025, Sri Lanka certified the Value Added Tax (Amendment) Act No. 04 of 2025, bringing several changes to t...

by Isura Sirisena

October 19, 2024

If you’ve received a text message from the Inland Revenue Department (IRD) stating “IIT Paying-in-slip Generated,” you m...

by Isura Sirisena

September 28, 2024

On 24th September 2024, the Department of Inland Revenue of Sri Lanka issued a crucial notice to all taxpayers, remindin...

by Isura Sirisena

February 1, 2024

Updated: 2024 Introduction: Embarking on the journey of establishing a company in Sri Lanka is an exciting venture. H...

by Isura Sirisena

December 30, 2023

Introduction: As we usher in the new year, residents of Sri Lanka face a significant change in tax regulations. Effectiv...

by Isura Sirisena

December 5, 2023

Introduction As the financial year in Sri Lanka kicks off on April 1st and runs through March 31st, it’s esse...