About this document

PAYE Tax Guidelines for Sri Lanka 2024 by Ravihara D.G.K is a document available to read on EtoBox.

This document discusses PAYE (Pay As You Earn) tax in Sri Lanka. It defines PAYE tax as income tax charged on employment income over Rs. 250,000 per month. Employers must deduct the tax from employee salaries and pay it to the Inland Revenue Department. The document provides PAYE tax tables for calculating tax on cumulative gains and profits from employment income for periods between January and March 2020. It also provides an example calculation and discusses how to calculate tax on tax in certain instance

Author

Ravihara D.G.K

Language

EN