Downloads

Acts

PAYE Tables

Applicability of provisions of Inland Ravenue Act,No.24 of 2017 w.e.f 01.04.2018

How to apply Tax Tables

An employer who makes a payment during a year of assessment to an employee, in respect of that employee’s employment, the employer must withhold an amount from such payment using the relevant PAYE table.

In the case of employee who has furnished a Primary Employment Declaration, the applicable PAYE tables are as follows.

Profits from EmploymentRelevent Table 
Regular profits from the employment    Table 01    Summarised Tax Table 01
Lump-sum payment  Table 02    Summarised Tax Table 02
Once-and-for-all payment (Terminal Benefits)  Table 03

Payment received by the non-citizens in Sri Lanka 

 Table 04

Where the monthly regular profits is less than LKR 100,000 but the cumulative profits from the employment up to any month  in the year of assessment exceeds LKR 1,200,000.Table 05
Tax on Tax TableTable 06

In case where the employee who has not furnished a Primary Employment Declaration, or who has more than one employment the applicable tax table  

Table 07

 

 SPECIAL NOTE

  • Where the employee has given Primary Employment Declaration the deduction of tax under Table 1 commences after exceeding the regular profits from employment of LKR 100,000 per month.
  • In case where the employee who has not furnished a Primary Employment Declaration, or who has more than one employment the tax should be deducted as follows.
Monthly payment Tax Rate 
Up to LKR 50,000   10%
More than LKR 50,000 
           LKR 50,000  10%
           Balance 20%

                                                                              

Gazettes

2018 Budget proposals on Excise Duty

Approved Charity

Book keeping regulations

Special Commodity Levy on Maldive Fish, Black Gram, Chillies etc.

Special Commodity Levy  on Maize 

Special Commodity Levy on Potatoes-w.e.f 24.02.2018

Special Commodity Levy has on Mackerel, Peas, Seeds etc-w.e.f 08.03.2018

Permitted to issue International Sovereign Bonds in 2018 for non-resident investors

Gazette Notifications issued under Inland Revenue Act, No. 24 of 2017

Other Gazettes

IRD Circulars /Updates  

Inland Revenue Department

 

"TAX ALERT" To Register Type "REG TAX" send to 77000 through Dialog | Mobitel | Hutch | Airtel