Sri Lanka

APRIL 2024

• Certificate of Income Tax Deductions – Form T10 for 2023 - 2024

• Annual Statement of Employer - APIT 2023/2024 - (AsmtAPIT001_E)

APRIL 2023

• Tax Deductions on Lump-sum Payments

• Deduction of Tax on Cumulative Gains and Profits from Employment

• Tax-on-tax Rates - TAX TABLE NO. 06

MARCH 2023

• No Statutory Updates

FEBRUARY 2023

• No Statutory Updates

JANUARY 2023

• No Statutory Updates

DECEMBER 2022

• Amended Advance Personal Income Tax (APIT) Tables

• APIT Tables from 1st January 2023

NOVEMBER 2022

• No Statutory Updates

OCTOBER 2022

• No Statutory Updates

SEPTEMBER 2022

• No Statutory Updates

AUGUST 2022

• No Statutory Updates

JULY 2022

• No Statutory Updates

JUNE 2022

• No Statutory Updates

MAY 2022

• No Statutory Updates

APRIL 2022

• No Statutory Updates

MARCH 2022

• No Statutory Updates

FEBRUARY 2022

• No Statutory Updates

JANUARY 2022

• No Statutory Updates

DECEMBER 2021

• No Statutory Updates

NOVEMBER 2021

• No Statutory Updates

OCTOBER 2021

• No Statutory Updates

SEPTEMBER 2021

• No Statutory Updates

AUGUST 2021

• No Statutory Updates

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