03/04/2024
News Alert
Significant updates in tax legislations have recently been enacted by Parliament, directly impacting businesses across Sri Lanka.
Effective January 1, 2024, the turnover thresholds for Social Security Contribution Levy (SSCL) and Value Added Tax (VAT) registration have been reduced. Additionally, the VAT rate has been set at 18% from the same date. It's imperative for businesses to remain informed and compliant with these changes.
Learn more about the implications for your business and stay ahead of the curve.