Full-time freelancers of elakiri - Do you pay taxes?

liquid

Active member
  • Nov 11, 2010
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    Full-time online earning (dropshipping, blogging, freelancing etc) karana kattiya godak mey forum eke innawa kiyala man hithanwa. Mey prashne godak apply wenne foreign platforms walin full-time income ekak hadagena inna ayata. (Adsense, Affiliates, Upwork, Fiverr etc)

    Samanyen tax law eka apply wenne kohomada mey wage income walata? Personal tax file ekak open karanna oneda? Danna kenek innawa nan please let us know :yes:

    UPDATE
    Thanks for all the replies guys! So to summarize (Please correct if this is inaccurate):

    "Gains and profits earned or derived by any person from any foreign source, other than gains and profits stated above, where such gains and profits earned or derived in foreign currency and remitted through a bank to Sri Lanka is exempt from income tax, w.e.f. 01.01.2020."

    source: https://www.desaram.com/covid-19/recent-changes-to-income-tax.php

    "any service rendered in or outside Sri Lanka to any person to be utilized outside Sri Lanka, where the payment for such services is received in foreign currency and remitted through a bank to Sri Lanka on or after January 1, 2020;"

    source: http://www.documents.gov.lk/files/bill/2021/3/37-2021_E.pdf (The Bill to amend the Inland Revenue Act No. 24 of 2017 (“the Act") was gazetted and issued on 18th March 2021. The Bill is yet to be passed by the Parliament for legal enactment)

    Mey sources walata anuwa nan foreign currency income is exempt from tax.
     
    Last edited:

    GTRZ

    Administrator
    Staff member
  • Apr 27, 2006
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    rata salli walata tax wadinne na
    maha bankuwen 1% da kohe apita wadipura denawa ban hema remit ekatama
    Eke limit ekak thiyenawa neda? Maseta Rs 10 million withara genawaoth tax wadinawada?
    Private limited company ekaka namata salli awoth company tax wadinneth nadde?
     
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    maxtalker

    Well-known member
  • Oct 7, 2007
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    Eke limit ekak thiyenawa neda? Maseta Rs 10 million withara genawaoth tax wadinawada?
    Private limited company ekaka namata salli awoth company tax wadinneth nadde?

    PVT Ltd එකකට පෙන්නන්න පුලුවන් නම් ඩිරෙක්ට් එන්නෙ ෆොරීන් සල්ලි කියලා tax වදින්නෑ මම හිතන්නෙ.
     

    U-tag

    Well-known member
  • Nov 18, 2011
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    Foreign Service income is exempt from January 1, 2020.

    හැබැයි foreign currency වලින් account එකේ deposit වෙන්න ඕනේ.
     

    GTRZ

    Administrator
    Staff member
  • Apr 27, 2006
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    PVT Ltd එකකට පෙන්නන්න පුලුවන් නම් ඩිරෙක්ට් එන්නෙ ෆොරීන් සල්ලි කියලා tax වදින්නෑ මම හිතන්නෙ.
    Ehenam lankawe okkoma wage loku IT company, export company ekak wath tax gewana ekak nahane. Mokak hari limit ekak athi.
     
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    liquid

    Active member
  • Nov 11, 2010
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    Foreign Service income is exempt from January 1, 2020.

    හැබැයි foreign currency වලින් account එකේ deposit වෙන්න ඕනේ.
    Mchn any reliable source for this info? Man danna tharamin meka apply wenne non-residents lata witharai. Residents lata worldwide income is taxable.
     

    liquid

    Active member
  • Nov 11, 2010
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    "Gains and profits earned or derived by any person from any foreign source, other than gains and profits stated above, where such gains and profits earned or derived in foreign currency and remitted through a bank to Sri Lanka is exempt from income tax, w.e.f. 01.01.2020."

    source: https://www.desaram.com/covid-19/recent-changes-to-income-tax.php

    "any service rendered in or outside Sri Lanka to any person to be utilized outside Sri Lanka, where the payment for such services is received in foreign currency and remitted through a bank to Sri Lanka on or after January 1, 2020;"

    source: http://www.documents.gov.lk/files/bill/2021/3/37-2021_E.pdf (The Bill to amend the Inland Revenue Act No. 24 of 2017 (“the Act") was gazetted and issued on 18th March 2021. The Bill is yet to be passed by the Parliament for legal enactment)

    Mewala thiyana widihata anuwa nan foreign currency income is exempt from tax.