Betting and Gaming Levy (B&GL)

Following persons are liable fo​r the Levy

• The Business of a Bookmaker or
• The Business of Gaming

A person, who is carrying on the business of a bookmaker or busin​​ess of gaming within Sri Lanka either lawfully or unlawfully, is chargeable to tax, at the respective rates specified in the Schedule to the Act. If such business is carried on in different places by the same person, he is required to pay the levy for each such different place. (Each place is considered as a separate business for tax purposes)​

Amount of the Levy on the Business of Betting

• For the period from  01/04/2015 to date 
  • Where it is carried on through agents-Four Million Rupees
  • In case when live telecast facilities are used for carrying on the business-.Six Hundred Thousand Rupees
  • In case where live telecast facilities are not used in carrying on the business- Fifty Thousand Rupees

Amount of the Levy on the business of Gaming(Casino and Rujino)

• With effect from 01/01/2015 to date - Two Hundred Million Rupees
• Casino Entry Fee of US$ 100 per Person

Payments

Due date :

Before the commencement of the quarter (in 4 equal installments of the annual levy)

Levy on the Gross collection

A levy at the rate of 10% on the gross collection of business of bookmaker or gaming is payable on monthly basis.However, where the gross collection does not exceed one million rupees per month, there is no liability to such levy. Any business which is subject to this levy on the gross collection is not liable to pay the Value Added Tax or the Nation Building Tax. ​

Payments

The levy payable on the gross collection should be paid on or before the first week of the month immediately following the relevant month.

Furnishing of Returns

• The Quarter ending on 31^st of March     -   Before 20^th of April
• The Quarter ending on 30^th June          ​ -   Before 20^th of July
• The Quarter ending on 30^th September -   Before 20^th of October
• The Quarter ending on 31^st December  -   Before 20^th of January​​​​​​​​​​