SSCL Threshold Changes in Sri Lanka (2022–2026) – A Clear Timeline for Businesses

The Social Security Contribution Levy Act, No. 25 of 2022 introduced a registration-based levy system targeting businesses based on turnover. Over time, the threshold for registration has been progressively reduced, significantly expanding the number of liable taxpayers.

This article outlines the exact evolution of SSCL thresholds with applicable time periods, based on legislative changes up to the Social Security Contribution Levy (Amendment) Act, No. 10 of 2026.

1. Initial Stage – From 01.10.2022 (Introduction of SSCL)

At the inception of SSCL:

• Registration was required if:
  • Turnover exceeded Rs. 120 million per annum

This applied based on:

• The 12 months immediately prior to the date of commencement

This phase mainly targeted large-scale businesses.

2. First Operational Threshold – Up to 31.12.2023

For any quarter commencing prior to 01 January 2024:

• Registration required if:
  • Quarterly turnover exceeded Rs. 30 million

This effectively aligned with:

• Rs. 120 million annually

This marked the first structured quarterly threshold system.

3. Revised Threshold – From 01.01.2024 to 30.06.2026

A major amendment reduced the threshold significantly:

• Registration required if:
  • Quarterly turnover exceeds Rs. 15 million, OR
  • Turnover for consecutive four quarters exceeds Rs. 60 million

Registration timeline:

• Must register within 15 days from the date the threshold is exceeded or likely to be exceeded

This phase expanded SSCL coverage to medium-scale businesses.

4. Latest Amendment – From 01.07.2026 Onwards

Under the latest amendment, the threshold is further reduced:

• Registration required if:
  • Quarterly turnover exceeds Rs. 9 million, OR
  • Turnover for consecutive four quarters exceeds Rs. 36 million

Registration requirement:

• Must register within 15 days from exceeding or likely exceeding the threshold

5. Summary of Threshold Changes (Chronological)