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Dive into a diverse collection of articles, stories, and insights on a variety of topics. Our blog section features content from experts and enthusiasts, offering unique perspectives, tips, and thought-provoking discussions. Whether you’re looking for personal growth, professional advice, or just some inspiration, you’ll find it here.

Special Notice to TIN Holders (2024 July)

vtasweb / July 5, 2024

There are approximately 2.3 million TIN registered individuals as at end July 2024. It was noted that some of the […]

Cover image showing the Inland Revenue Department of Sri Lanka's new reporting obligations for financial and government institutions, effective July 2024.

Critical Notice for Banks, Financial Institutions, and Government Institutes effective from July 2024.

vtasweb / July 3, 2024

Introduction On March 21, 2024, the Inland Revenue Department of Sri Lanka issued Extraordinary Gazette Notification No. 2376/25. This notification

Illustration showing the conversion process from NIC (National Identification Card) to TIN (Taxpayer Identification Number).

TIN Registration: Conversion of NIC to TIN

vtasweb / May 21, 2024

It has been clarified by the Inland Revenue Department (IRD) that the proposal made by the State Minister Ranjith Siyabalapitiya

Image showing Inland Revenue clarification on VAT Invoicing issues.

Inland Revenue clarifies the Issues of VAT Invoicing

vtasweb / May 13, 2024

The department of Inland Revenue has clarified that there is no requirement or obligation to issue a VAT invoice for