SRI LANKA
HIGHLIGHTS
JULY 2021
- Notice to ETF Board, Provident Funds and Employers who have retained the Tax on Terminal Benefits to Retiring Employees.
- Statement of Stamp Duty compounded and Payments.
JUNE 2021
- Notice to ETF Board, Provident Funds and Employers who have retained the Tax on Terminal Benefits to Retiring Employees.
- Special Working Arrangements by Employees’ Provident Fund Department of Central Bank of Sri Lanka.
- Notice on Contribution Collection of ETF Board.
MAY 2021
- No Recent Statutory Updates
APRIL 2021
- Schedules: Pay As You Earn (PAYE)/ Advance Personal Income Tax (APIT) – With effect from 01-04-2021
- Updated Schedule File Verifier Tool
- Annual Statement of Employer – APIT (2020/2021) -New Annual forms has been released
- Discontinuation of Alternative Tax Payment System (ATPS)
- Statement of Stamp Duty Compounded and Payments
MARCH 2021
- No Statutory Updates
FEBRUARY 2021
- No Statutory Updates
JANUARY 2021
- Extension of Time to Remit Tax to the Inland Revenue Department
DECEMBER 2020
- Furnishing of PAYE & WHT Statements, Year of Assessment 2019/2020
- Extension of Time to Remit Tax to the Inland Revenue Department
NOVEMBER 2020
- Tax Return Submission Dates -Stamp Duty
OCTOBER 2020
- No Statutory Updates
SEPTEMBER 2020
- Public and Bank Holidays for the year 2021
AUGUST 2020
- Deduction of Advance Personal Income Tax (APIT) from Resident but Non-Citizen Employees
JULY 2020
- Further Extension of Tax Return Submission Dates- Forms and Returns (Updated)
JUNE 2020
- No Statutory Updates
MAY 2020
- Primary and Secondary Employment Declaration Form
- Advance Personal Income Tax Tables updated -Rates for deduction of Tax from lumpsum payment
- Advance Personal Income Tax Tables- Table 5 and 7 updated
- Certificate of Income Tax Deductions – (P.A.Y.E./T.10 (new))
- Further Extension of Tax Return Submission Dates- Forms and Returns
APRIL 2020
- Amendments on Terminal benefits Taxation
- Statement of Stamp Duty- Forms and Returns
- Annual Statement of Employer – Y/A 2019/2020 (PAYE Tax -Year end activities/annual filing)
- Extension of Tax Return Submission Dates-Forms and Returns
- Deduction of Tax on Cumulative Income from Employment for the Period 01.01.2020 – 31.03.2020
- Deduction of Advance Personal Income Tax (APIT) on Gains and Profits from Employment
- Deduction of Tax on Cumulative Income from Employment for the Period 01.01.2020 – 31.03.2020
MARCH 2020
- No Statutory Updates
FEBRUARY 2020
- No Statutory Updates
JANUARY 2020
- No Statutory Updates