
VAT Cut to Rs. 36m Threshold Draws SME Pushback
Sri Lanka’s decision to lower the VAT and SSCL registration threshold from Rs. 60 million to Rs. 36 million has sparked concern among small and medium businesses,
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Sri Lanka’s decision to lower the VAT and SSCL registration threshold from Rs. 60 million to Rs. 36 million has sparked concern among small and medium businesses,
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News of the Day
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The Inland Revenue Department (IRD) says that all Value Added Tax (VAT) returns must be filed electronically from July 01, 2025.
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