Sri Lanka has published the Social Security Contribution Levy (Amendment) Act, No. 15 of 2024, which was certified on 20 March 2024. The Act provides for a reduction in the Social Security Contribution Levy registration threshold from LKR 30 million per quarter or LKR 120 million per annum (four consecutive quarters), to LKR 15 million per quarter or LKR 60 million per annum (four consecutive quarters) with retroactive effect from 1 January 2024. Taxpayers subject to registration as a result…