Sri Lanka Issues Notice to Taxpayers on Registration, Income Tax Payments, and Furnishing Returns for Year of Assessment 2019/2020

Sri Lanka Inland Revenue has issued a notice to taxpayers concerning taxpayer registration, income tax payments, and furnishing returns for the year of assessment 2019/2020.

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Taxpayer Registration, Income Tax Payments and Furnishing Return of Income for the Year of Assessment 2019/2020

In accordance with the amendments to the Inland Revenue Act, No. 24 of 2017 passed in Parliament on the May 4, 2021;

1. resident individuals whose employment income was subjected to PAYE prior to January …