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Business Tips, Guides & Strategies

Balancing Resource Allocation for Organic Growth and External Partnerships

In the quest for sustained success, businesses have two primary avenues for growth: organic efforts that focus on internal cultivation and external partnerships that leverage…

Byacmigroup
OnJanuary 13, 2024

Tax Useful

VAT Update – Amendments made to the VAT Act No.32 of 2023

Navigating the New Landscape in 2024 As Sri Lanka’s tax landscape evolves, understanding the latest regulations is crucial for businesses and individuals alike. The recent…

Byacmigroup
OnDecember 14, 2023

Tax Useful

Deadline ALERT: IRD imposes Rs.50,000 Fine for late payments

Introduction: The Inland Revenue Department (IRD) of Sri Lanka has introduced stringent penalties for taxpayers who fail to submit their annual income reports by the…

Byacmigroup
OnNovember 29, 2023