TAX ප්‍රශ්නයක්

wqe123

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  • Aug 21, 2015
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    ලංකාවේ.. ලංකාවේ
    mage salary income eka 1.2M ta adui, anith eva dollar income. danna vidiyata evata gewanna ona neh
    USD walinma remit wenawa nam ona naa danata.

    ube 1.2 unata interest income eka ekathu unama 1.2 paninawada ? ehenam gewanna wenawa.
    nathi nam nil return ekak file karanna thiyenne.

    Salary eken APIIT deduct wela bank ekata ena balance ekata interest ekak hadenawane.
    wena mokuth savings na kiyala hithala gaththoth
    ara decut wela bank ekata awa salary ekata bank eke WHT gahanawane, ethakota api ekath aye file karanna onada?

    mala magulai
    tax kiyanne ugulak putha....
    ow 5% WHT gewapu eka apiit wage adu karanna puluwan
    But salary + interest income deke ekathuwa 1.2Mn walata wadi nam taxable.
    can deduct WHT paid + 1api1it paid
    ------ Post added on Aug 7, 2024 at 10:27 PM
     

    Bounty_Hunter

    Well-known member
  • Apr 18, 2015
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    USD walinma remit wenawa nam ona naa danata.

    ube 1.2 unata interest income eka ekathu unama 1.2 paninawada ? ehenam gewanna wenawa.
    nathi nam nil return ekak file karanna thiyenne.


    tax kiyanne ugulak putha....
    ow 5% WHT gewapu eka apiit wage adu karanna puluwan
    But salary + interest income deke ekathuwa 1.2Mn walata wadi nam taxable.
    can deduct WHT paid + 1api1it paid
    ------ Post added on Aug 7, 2024 at 10:27 PM
    e kiyanne dollar account ekakata ena evada? wise haraha sampath bank ekata enne okkoma
     

    wqe123

    Well-known member
  • Aug 21, 2015
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    ලංකාවේ.. ලංකාවේ
    e kiyanne dollar account ekakata ena evada? wise haraha sampath bank ekata enne okkoma
    wise haraha awoth oyata source eka prove karanna bari parashanyak thiyanwa.
    leda malath bada sudda wenna nam RFC enna ona.

    namuth wise ekan dena advise eka pennala claim karana kattiya innawa.
    namuth okama anith paththata ube tax file eka handle karana accessor ta puluwan kiyanna oya salli oya lankawe wadak karala tax walin galawwenna wise haraha gaththa wage kathwak. ehema unoth prove karanna lasi naa....

    oka paththu wenna awrudu 2-3 kin passe. ethakota records ganna bari unoth uba tax + penalty walata ahu wenawa.
    e nisa best option RFC/NRFC wage direct bank to bank tranfers.
    tax karana godak dena ehema naa kiyala kiyanawa. passe kela unama eka ehema dan ba. ekko oya documents maintain karala naa kiyala atha hodagannawa. mokada responsibility is yours. not their's. anika file eka ahu wena assesor athe thiyenne hira karanawada nadda kiyana eka.

    RFC is the best option, but it will have 45-50 USD transfer fee + 5 USD bank charge to you depending bank you use.
    in other hand, wise is cheaper and less than 9 usd per txn.
    but i cant say wise is disallowed. but high risk on proving source of income.
    source of the income is the point basic point which it differentiate
     
    Last edited:

    Panda_jr

    Active member
  • Apr 25, 2023
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    Wise eken LKR ekata awath tax free kathawak thamai company eken qwe. But watenne LKR account ekata. Case ekak weida?
    TIN number ekaknan aawa.. habai payments anan manan mukuthma balala or karala na thaama. TIN eka thiyanawanan aniwa tax gewanna ooneda?
     

    wqe123

    Well-known member
  • Aug 21, 2015
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    ලංකාවේ.. ලංකාවේ
    Wise eken LKR ekata awath tax free kathawak thamai company eken qwe. But watenne LKR account ekata. Case ekak weida?
    TIN number ekaknan aawa.. habai payments anan manan mukuthma balala or karala na thaama. TIN eka thiyanawanan aniwa tax gewanna ooneda?
    hamathissema gewanna ona kiyala ekak naa. taxable income ekak nathi wenna puluwan ne.
    but nil return hari file wenna onaa 30-11-20XX kalin.
     
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    fdk

    Well-known member
  • Sep 16, 2011
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    Need help mage company eka APIt gewanawa

    I got the T10 form as well and otberthan tha I have a small FD (10,000 monthly income)

    Man dan moko karanna one, mata email ekakin awa pay in slip generated pay tax kiyala
     

    wqe123

    Well-known member
  • Aug 21, 2015
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    ලංකාවේ.. ලංකාවේ
    Need help mage company eka APIt gewanawa

    I got the T10 form as well and otberthan tha I have a small FD (10,000 monthly income)

    Man dan moko karanna one, mata email ekakin awa pay in slip generated pay tax kiyala
    read entire this thread and understand situation.
    discuss with your tax consultant.

    simply you have to pay small amount on additional 120,000 earned after deducting already paid WHT and APIIT
     
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    sihan

    Well-known member
  • Apr 7, 2007
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    how do you predict income for the whole year in 1st quater?
    it's just a rough estimate machan. if you go through your previous years accounts you have a rough idea how much you will earn. Or just project how you will earn. then calculate the tax and take 1/4. and pay little bit less of that amount. This is assuming you are refering to salaries or commission and other personal incomes. But if it is business related income and you have a registered business then tax depends on the profit not the revenue.

    Mekai, online register wela file open karanna ona kiyala podi kolayakui.

    thanks


    mage salary income eka 1.2M ta adui, anith eva dollar income. danna vidiyata evata gewanna ona neh
    Salary income eka 1.2 million adu nan ekata tax naha. dollar income eka issara nan tax naha. Dan kohomada danne naha. Poddak tax consultant kenekta katha karala clarify karanna. eta amatharawa FD interest, rental income monawahari thiyenawa nan e okkomath assessable income ekata add wela thamai tax liability eka consider karanna one.
    ------ Post added on Aug 8, 2024 at 11:44 AM
     
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    gannicuz

    Well-known member
  • Aug 8, 2024
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    namuth okama anith paththata ube tax file eka handle karana accessor ta puluwan kiyanna oya salli oya lankawe wadak karala tax walin galawwenna wise haraha gaththa wage kathwak. ehema unoth prove karanna lasi naa....

    Macho, first of all thanks for your advices.

    Methana prove karanna amaru de WISE ekenma payment eka awa kiyana ekada, nathnam lankawe kenekta service deela gaththa kiyana ekada?

    "lankawe wadak karala tax walin galawwenna wise haraha gaththa", me wage ekak PFCA ekata USD watunath unta kiyanna puluwan neda?

    By the way, I'm a freelancer and I'm very new to taxation. Oya danna trust karanna puluwan tax advisor kenek innawanam contact denna puluwanda?
     

    topkollek

    Well-known member
  • May 22, 2014
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    ┬┴┬┴┤(·_├┬┴┬┴
    it's just a rough estimate machan. if you go through your previous years accounts you have a rough idea how much you will earn. Or just project how you will earn. then calculate the tax and take 1/4. and pay little bit less of that amount. This is assuming you are refering to salaries or commission and other personal incomes.
    Lets say a person pays tax in 1st quater and loses his job in 2nd quater. His doesn't find substantial work for the rest of the year. Total income for the whole year falls short of 1.2 million.

    Will he be able to claim a tax refund?
     

    wqe123

    Well-known member
  • Aug 21, 2015
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    ලංකාවේ.. ලංකාවේ
    Macho, first of all thanks for your advices.

    Methana prove karanna amaru de WISE ekenma payment eka awa kiyana ekada, nathnam lankawe kenekta service deela gaththa kiyana ekada?
    Tax wala kiylaa thiyenne "services provide outside sri lanka" kiyala. eka prove karanna thama RFC/NRFC lesi. apu bankuwa. kagenda kiyala thiyanawa.


    "lankawe wadak karala tax walin galawwenna wise haraha gaththa", me wage ekak PFCA ekata USD watunath unta kiyanna puluwan neda?
    puluwan but lesi naa. money laundering methods witharayi nathi nam kagenda awe kiyala ahu wenawa ne.
    lankawa athulatha forex transaction karanawa nam CBSL approval gannath onaa ne.

    By the way, I'm a freelancer and I'm very new to taxation. Oya danna trust karanna puluwan tax advisor kenek innawanam contact denna puluwanda?
    ehema naa. oya hoyaganna yanna enna puluwan lesi thanakin.
    eg uba inne anuradhapura nam tax karana kena inna wallawatte nam kohomada sap..... ?

    Lets say a person pays tax in 1st quater and loses his job in 2nd quater. His doesn't find substantial work for the rest of the year. Total income for the whole year falls short of 1.2 million.

    Will he be able to claim a tax refund?
    Technically Yes
    practically hard to take. but it is not impossible.

    thats why quarterly payment should be done lessor than the total liability as at date. wise decision.
    but after year end, you have to pay final tax before 30-09-20xx with correct amount.
    ------ Post added on Aug 8, 2024 at 1:46 PM
     

    EON

    Well-known member
  • Nov 4, 2012
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    USD walinma remit wenawa nam ona naa danata.

    ube 1.2 unata interest income eka ekathu unama 1.2 paninawada ? ehenam gewanna wenawa.
    nathi nam nil return ekak file karanna thiyenne.


    tax kiyanne ugulak putha....
    ow 5% WHT gewapu eka apiit wage adu karanna puluwan
    But salary + interest income deke ekathuwa 1.2Mn walata wadi nam taxable.
    can deduct WHT paid + 1api1it paid
    ------ Post added on Aug 7, 2024 at 10:27 PM
    me magul ahuwama oluwa karakenawa
     
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    gannicuz

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  • Aug 8, 2024
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    Tax wala kiylaa thiyenne "services provide outside sri lanka" kiyala. eka prove karanna thama RFC/NRFC lesi. apu bankuwa. kagenda kiyala thiyanawa.



    puluwan but lesi naa. money laundering methods witharayi nathi nam kagenda awe kiyala ahu wenawa ne.
    lankawa athulatha forex transaction karanawa nam CBSL approval gannath onaa ne.


    ehema naa. oya hoyaganna yanna enna puluwan lesi thanakin.
    eg uba inne anuradhapura nam tax karana kena inna wallawatte nam kohomada sap..... ?


    Technically Yes
    practically hard to take. but it is not impossible.

    thats why quarterly payment should be done lessor than the total liability as at date. wise decision.
    but after year end, you have to pay final tax before 30-09-20xx with correct amount.
    ------ Post added on Aug 8, 2024 at 1:46 PM

    Thanks so much friend. Thawa eka deyak. mawa force register karala thiyenawa IRD eken me July wala. habai mama ita kalin awurudu ganak idan Wise walin LKR widiyata salli genalla thiyenawa.

    Mawa me july register karala thiyena nisa, mama taxation start karanna one 2024/2025 year ekata neda?

    2023/2024 year ekata returns file karanna one nathuwa athi neda?

    Mata IRD web ekata log wennath baha force registration nisa, gedarata letter eka aweth na thawama. Next year ekata SET eka me august 15ta kalin submit karanna one, eth widihak na PIN eka letter ekakin awe nathi nisa. Mekata solution ekak dannawanm kiyanna, Thanks again.
     

    wqe123

    Well-known member
  • Aug 21, 2015
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    ලංකාවේ.. ලංකාවේ
    Thanks so much friend. Thawa eka deyak. mawa force register karala thiyenawa IRD eken me July wala. habai mama ita kalin awurudu ganak idan Wise walin LKR widiyata salli genalla thiyenawa.

    Mawa me july register karala thiyena nisa, mama taxation start karanna one 2024/2025 year ekata neda?

    2023/2024 year ekata returns file karanna one nathuwa athi neda?

    Mata IRD web ekata log wennath baha force registration nisa, gedarata letter eka aweth na thawama. Next year ekata SET eka me august 15ta kalin submit karanna one, eth widihak na PIN eka letter ekakin awe nathi nisa. Mekata solution ekak dannawanm kiyanna, Thanks again.
    typical uththare ona naa. mokada registration eken kalin ewa samanyayen hoyanne naa....

    namuth neethiyen tax gewanna kiyala thiyanwa nam, gewana eka ape wagakeema. (SL system is self assement method)
    (Mama kiyanne naa eka hari ho waradi. mama kiyanne neethiya)
    ethakota ona nam kaata hari kiyanna puluwan gewala naa kiyala.

    but ehema kela wechcha ekak mama ahalaa na. e nisa kalabala wenna epa. uba tax karana kena ekka katha karala eka mathayakata enna.
     
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    gannicuz

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  • Aug 8, 2024
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    typical uththare ona naa. mokada registration eken kalin ewa samanyayen hoyanne naa....

    namuth neethiyen tax gewanna kiyala thiyanwa nam, gewana eka ape wagakeema. (SL system is self assement method)
    (Mama kiyanne naa eka hari ho waradi. mama kiyanne neethiya)
    ethakota ona nam kaata hari kiyanna puluwan gewala naa kiyala.

    but ehema kela wechcha ekak mama ahalaa na. e nisa kalabala wenna epa. uba tax karana kena ekka katha karala eka mathayakata enna.

    Ok bro, thanks much for your valuable time on clarifying my personal matter. Specially for your kind words 🙂🙂