Individuals who are non-residents would fall into the tax-paying bracket dependent on their residency status. If they have been in Sri Lanka for 183 days or more in a year, they would be considered as residents and be liable for taxation for that year.
If a person who is a non-resident in Sri Lanka derives his/her earnings from employment, business, investment or other sources within Sri Lanka, they will have to pay tax on it for that particular year.
Those holding dual-citizenship or non-resident workers would be bound to pay income tax on any income/profits derived from elsewhere (out of Sri Lanka) as per the guidelines of the Double Taxation Avoidance Treaties.
For making your tax payments, follow the tax calendar particular to your situation.
It is as easy as filling in the proper paperwork and paying your taxes. The Sri Lankan Inland Revenue office offers a comprehensive guide.
For tax refunds, the process is simple but requires advance preparation of support documents. The Sri Lankan Inland Revenue office offers an easy overview.
Yes, Sri Lankan tax structure does involve VAT payments on those goods and services which are supplied within the country, imported or locally produced.
It entails a taxation at every stage of the production and distribution cycle, borne by the end consumer. Certain items, however, have been exempted from this indirect tax. The standard rate is 15%.
When you move internationally you are taking a big step. Lots of things are changing and you have a million things to think about and take care of. If you are able to select a top of the line moving company that moves for a modest price, it can take a big weight of your shoulders in busy times.
Our network of international removal companies can move your furniture & possessions to Sri Lanka and anywhere overseas.
Filling in the form at the bottom will allow you to request up to 5 quotes from various moving companies. This service is free of charge and will help you select an international moving company that suits your needs and budget.