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Comprehensive tax solutions tailored for diverse industries, ensuring compliance and maximizing financial efficiency.
Value Added Tax (VAT) can be a labyrinthine path for Sri Lankan business owners. This comprehensive guide aims to illuminate the key aspects of VAT, empowering you to navigate the system with confidence. We’ll delve into VAT rates, exemptions (with…
The Inland Revenue Department (IRD) announced the establishment of a dedicated High Wealth Individuals Unit (HWIU) to ensure tax compliance among Sri Lanka’s most affluent residents. This initiative aims to enhance fairness and public confidence in the nation’s tax administration…
There’s been a buzz in the air lately, and it’s all about TIN. If you’re 18 or older in Sri Lanka, chances are you’ve heard whispers about mandatory registration with the Inland Revenue Department (IRD) and obtaining a Taxpayer Identification…
Sri Lanka’s economy is on the path of recovery and taxes will be playing a crucial role this year. Our team of tax experts has gathered the top five tax stories to keep all our business leaders and stakeholders informed…
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 promulgation of the VAT (Amendment) Act No. 32 of 2023 brings significant changes to the…