PAYE tax - personal tax

[hiran108]

what is the best option to pay this tax ?
1. pay though company (they will deduct it from salary)
2. open tax file personalty
3. do nothing.

what will happen if we don't pay it (option 3) ?

 

[dmsupun]

They will open a tax file (IR), therefore its covenient to pay it through the company.

 

[Smartm]

what is the best option to pay this tax ?
1. pay though company (they will deduct it from salary)
2. open tax file personalty
3. do nothing.

what will happen if we don't pay it (option 3) ?

බන්දුලගේ පච වලට අහූඋන තවත් එකෙක්.. කොහොමද කීවේ, පේයී ටැක්ස් අයින් කලා කීවා.. ඉන්කම් ටැක්ස් ගහන්නේ කීවා..



දැන් දෙකම ගෙවපන්කෝ..


69 ලක්ශෙට දැන් සතුටු ඇති..

 

[hiran108]

They will open a tax file (IR), therefore its covenient to pay it through the company.

what is process if we don't pay ? ex: if salary get sink to bottom due to loans.

 

[Balanna Nayini]

Company through gewanna
ubalata karadarayi anith dekama

 

[Mad Weera]

what is the best option to pay this tax ?
1. pay though company (they will deduct it from salary)
2. open tax file personalty
3. do nothing.

what will happen if we don't pay it (option 3) ?

මාසික ආදායම ලක්ෂ 2.5 වැඩි වෙන්න ඕන නේද

 

[hiran108]

මාසික ආදායම ලක්ෂ 2.5 වැඩි වෙන්න ඕන නේද

yes.

 

[Jack_Sparrow]

government eka metanadi podi bulak keliya PAYE ayin karala
saralawa grace amount eka 1 laks indan 2.5laks idan wedi karanna tibba


muladi kiwwa employyes lata tax file open karanna kiyala end of April. Office walin eka nisa deduct karanne naha.


Dan ayeth meka introduce karala "Personal Income Tax" kiyala. dan masa thunama kapanawa ekata. eka office eken transfer karanne just like PAYE TAX

 

[Jack_Sparrow]

බන්දුලගේ පච වලට අහූඋන තවත් එකෙක්.. කොහොමද කීවේ, පේයී ටැක්ස් අයින් කලා කීවා.. ඉන්කම් ටැක්ස් ගහන්නේ කීවා..



දැන් දෙකම ගෙවපන්කෝ..


69 ලක්ශෙට දැන් සතුටු ඇති..

dekama gewanna oni naha. office eken Personal Income Tax kapanawanam tax wenama gewanna oni naha

 

[analytics]

මම දන්නා විදිහට තමන්ම ගෙවනවා නම් tax exempt benifit ගන්න පුළුවන්. Housing loan, ළමයින්ගේ අධ්‍යාපන වියදම් අඩු කරන්න පුළුවන් tax එකෙන්.
හැබැයි අලුත්ම news එකේ විදිහට හැමෝම register වෙන්න ඕන scene එකක් තියෙන්නේ
http://www.ird.gov.lk/en/Lists/Latest News Notices/Attachments/238/APIT20042020_E.pdf

 

[Jack_Sparrow]

මම දන්නා විදිහට තමන්ම ගෙවනවා නම් tax exempt benifit ගන්න පුළුවන්. Housing loan, ළමයින්ගේ අධ්‍යාපන වියදම් අඩු කරන්න පුළුවන් tax එකෙන්.
හැබැයි අලුත්ම news එකේ විදිහට හැමෝම register වෙන්න ඕන scene එකක් තියෙන්නේ
http://www.ird.gov.lk/en/Lists/Latest News Notices/Attachments/238/APIT20042020_E.pdf

2.5laks walata wada hamba karana employees lata dan oka valid naha neda aluthin apu personnel tax scene eka nisa

 

[analytics]

what is process if we don't pay ? ex: if salary get sink to bottom due to loans.

If you salary is more than 2.5 laks then you have to pay either via company or by yourself. I think with the latest changes company will deduct the amount similar to PAYE IINM.

If you met the criteria and still avoid the payment, then they will charge a hefty fine once they find out this. As far as, you can hide from the system you are safe. Which means you can't buy a car, house under your name.

 

[analytics]

2.5laks walata wada hamba karana employees lata dan oka valid naha neda aluthin apu personnel tax scene eka nisa

සති 2න් 2කට මේවා මාරු කරන නිසා update නැහැ මචන්

 

[kamalboost]

බන්දුලගේ පච වලට අහූඋන තවත් එකෙක්.. කොහොමද කීවේ, පේයී ටැක්ස් අයින් කලා කීවා.. ඉන්කම් ටැක්ස් ගහන්නේ කීවා..



දැන් දෙකම ගෙවපන්කෝ..


69 ලක්ශෙට දැන් සතුටු ඇති..

Me mona modayekda? No Paye. Only Advance Income tax, if we need we can pay through Company itself. Else we need to pay by us.

 

[Jack_Sparrow]

සති 2න් 2කට මේවා මාරු කරන නිසා update නැහැ මචන්

AFAIK company has to deduct from the salary and do the payment just like PAYE. Just check with the HR machan. They might deduct 3 month tax amount by this month salary

 

[DasunDe]

If you salary is more than 2.5 laks then you have to pay either via company or by yourself. I think with the latest changes company will deduct the amount similar to PAYE IINM.

If you met the criteria and still avoid the payment, then they will charge a hefty fine once they find out this. As far as, you can hide from the system you are safe. Which means you can't buy a car, house under your name.

As per 20th guideline jan to march 2020 you need not to pay WHT. APIT is to be paid from April?

 

[slickdeath]

Beware.. I think now it's not been deducted from your salary. You'll have to pay it yourself. If you fail to pay you'll get charged a fine. Only good thing about this change is the tax is lesser than before.

You'll have to worry about this only if your total monthly income is more than 2.5laks. Remember it's total, not only your salary. If you have any side hustles you'll have to count them in. Always keep receipts and payment records with you. They'll be valuable in future

 

[dmsupun]

what is process if we don't pay ? ex: if salary get sink to bottom due to loans.

You will get a tax concession, as this is called a Advance income tax. Better consult a tax consultant, im also not 100% clear.

 

[dmsupun]

As per 20th guideline jan to march 2020 you need not to pay WHT. APIT is to be paid from April?

Apit from january,
If you are in the 6% slot, there is a deduction of 4500 for the 1st 3 months. So dont wry.

 

[DasunDe]

Beware.. I think now it's not been deducted from your salary. You'll have to pay it yourself. If you fail to pay you'll get charged a fine. Only good thing about this change is the tax is lesser than before.

You'll have to worry about this only if your total monthly income is more than 2.5laks. Remember it's total, not only your salary. If you have any side hustles you'll have to count them in. Always keep receipts and payment records with you. They'll be valuable in future

As per 20th guideline jan to march 2020 you need not to pay WHT. APIT is to be paid from April?
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