Category Archives: Tax Updates

The Process of Opening Income Tax File – Individual

01. Visit Ird.gov.lk 02. Go to E- services Menu 03. Select Access to E-services 04.Click on Tax Payer Registration 05. Select applicable status Individual Local / Individual Foreigner  etc 06. Fill the application and submit with a copy National Identity Card … Continue reading

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Alternative Tax Payment System (ATPS) through Online Fund Transfer Facility – IRD Sri Lanka

Taking in to account of the Covid -19 Endemic situation currently prevailing in the country, the Inland Revenue Department (IRD) has introduced an Alternative Tax Payment System (ATPS) for making tax payments through Online Fund Transfer Facility, with the collaboration of specific … Continue reading

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Economic Service Charge Period codes 2020/21

Period Codes for Year of Assessment 2020/2021 Economic Service Charge Tax Type Code 80 Payment Period from Payment Period To Period Code Payment Due Date 01.04.2020 30.06.2020 20211 7/20/2020 01.07.2020 30.09.2020 20212 10/20/2020 01.10.2020 31.12.2020 20213 1/20/2021 01.01.2021 31.03.2021 20214 … Continue reading

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Tax on Distributable Profit Period Codes 2021

Period Codes for Year of Assessment 2020/2021 Tax on Distributable Profit Tax Type Code 08 Payment Period from Payment Period To Period Code Payment Due Date 01.04.2020 30.06.2020 20211 01.07.2020 30.09.2020 20212 01.10.2020 31.12.2020 20213 01.01.2021 31.03.2021 20214 01.04.2020 31.03.2021 … Continue reading

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Remittance Tax Period Codes 2020/21

Period Codes for Year of Assessment 2020/2021 Remittance Tax Tax Type Code 13 Payment Period from Payment Period To Period Code Payment Due Date 01.04.2020 30.06.2020 20211 01.07.2020 30.09.2020 20212 01.10.2020 31.12.2020 20213 01.01.2021 31.03.2021 20214 01.04.2020 31.03.2021 20210

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Dividend tax Period Codes 2020/21

Period Codes for Year of Assessment 2020/2021 Dividend Tax Tax Type Code 04 Payment Period from Payment Period To Period Code Payment Due Date 01.04.2020 30.06.2020 20211 01.07.2020 30.09.2020 20212 01.10.2020 31.12.2020 20213 01.01.2021 31.03.2021 20214 01.04.2020 31.03.2021 20210

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WHT (On Interest & Specified and Other) Period Codes 2020/21

WHT (On Interest & Specified and Other) Tax Type Code 43 44 Payment Period from Payment Period To Period Code Payment Due Date 01.04.2020 30.04.2020 21040 15.05.2020 01.05.2020 31.05.2020 21050 15.06.2020 01.06.2020 30.06.2020 21060 15.07.2020 01.07.2020 31.07.2020 21070 15.08.2020 01.08.2020 … Continue reading

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Income Tax Period codes 2020/21

Period Codes for Year of Assessment 2020/2021 INCOME TAX Tax Type Code 05 Payment Period from Payment Period To Period Code Payment Due Date 01.04.2020 30.06.2020 20211 15.08.2020 01.07.2020 30.09.2020 20212 15.11.2020 01.10.2020 31.12.2020 20213 15.02.2021 01.01.2021 31.03.2021 20214 15.05.2021 … Continue reading

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Economic Service Charge  Period codes 2019/20

Period Codes for Year of Assessment 2019/2020 Economic Service Charge Tax Type Code 80 Payment Period from Payment Period To Period Code Payment Due Date 01.04.2019 30.06.2019 19201 7/20/2019 01.07.2019 30.09.2019 19202 10/20/2019 01.10.2019 31.12.2019 19203 1/20/2020 01.01.2020 31.03.2020 19204 … Continue reading

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Tax on Distributable Profit Period Codes 2019/20

Period Codes for Year of Assessment 2019/2020 Tax on Distributable Profit Tax Type Code 08 Payment Period from Payment Period To Period Code Payment Due Date 01.04.2019 30.06.2019 19201 01.07.2019 30.09.2019 19202 01.10.2019 31.12.2019 19203 01.01.2020 31.03.2020 19204 01.04.2019 31.03.2020 … Continue reading

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