- The Social Security Contribution Levy (Amendment) Act No. 24 of 2025 was published on December 26, 2025.
- A new exemption is introduced for providers of financial services subject to VAT at 20.5%.
- The exemption is effective from December 17, 2025.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Sri Lanka"
- Cabinet Approves VAT Amendment Bill for Parliament Submission, Delays E-Services Tax to July 2026
- Sri Lanka Delays VAT on Non-Resident E-Services to July 2026 Pending Legal Amendment
- Sri Lanka Delays 18% VAT on Non-Resident Digital Service Providers to July 2026
- Implementation of VAT on Nonresident Digital Services Postponed to July 1, 2026
- Sri Lanka has adopted a new format for tax invoices
