Tax return

SIC

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    USD income ekak tiyena aya 2024-2025 financial year ekata tax return eka submit kalada? 2025/04/1 idan neda tax gewanna tiyenne aluth rule ekata anuwa? etakota kalin awuruddata submit karanna oni nill return ekakda ? currrency eka rupees witarai tiyenne form eke. nattam doller rate ekak bank eken aran salaray watuna dawasata rupiayl walata convert karala, mulu mudalama tax adala na kiyala dala ewage doc ekak submit karanna onida. kohewat guide ekak na hariyata. IRD kauruhari innawanm help ekak denna. Thanks
     

    piyals

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    USD taxable income taxed at a max rate of 15%. Tax liable from April 2025 onwards. You need to pay quarterly payments starting from August 2025. Spot exchange rate can be used to convert the amounts to LKR.
     
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    SIC

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    USD taxable income taxed at a max rate of 15%. Tax liable from April 2025 onwards. You need to pay quarterly payments starting from August 2025. Spot exchange rate can be used to convert the amounts to LKR.
    Spot exchange rates cannot be used for tax purposes because they differ from the actual bank buying rates.

    For example, if I receive USD 1,000:
    • Spot rate: LKR 299 → LKR 299,000
    • Bank buying rate: LKR 294 → LKR 294,000
    By using the spot rate, my income is overstated by LKR 5,000, which I never actually received.
    If this happens for three months, I end up paying tax on an additional LKR 15,000—money that doesn’t exist in my account.
     

    nooby

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    Spot exchange rates cannot be used for tax purposes because they differ from the actual bank buying rates.

    For example, if I receive USD 1,000:
    • Spot rate: LKR 299 → LKR 299,000
    • Bank buying rate: LKR 294 → LKR 294,000
    By using the spot rate, my income is overstated by LKR 5,000, which I never actually received.
    If this happens for three months, I end up paying tax on an additional LKR 15,000—money that doesn’t exist in my account.
    Good point
     
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    nkt

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    USD taxable income taxed at a max rate of 15%. Tax liable from April 2025 onwards. You need to pay quarterly payments starting from August 2025. Spot exchange rate can be used to convert the amounts to LKR.
    monthly salary nm monthly gevanna ona, quarterly neme, CBSL buying rate ek ganna ona remit una dawasata
     
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    Thu Nodakin

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    එක්කෝ English වලින්ම ලියන්න. නැත්නම් සිංහලෙන් ලියන්න. මෙහෙම ලිව්වම කියවන්න එපා වෙනවා.
     
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    SIC

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    monthly salary nm monthly gevanna ona, quarterly neme, CBSL buying rate ek ganna ona remit una dawasata
    monthly gewano kiyala deyak nane mcn. quarterly tama kohomat. man baluwe salary watena bank eke remit una dawase buying rate eka request karala ganna.

    මාසේ ගානේ දෙන්න ඕනද ඕක?
    masa 3 kata parak. April-June eka August 15 kalin
    ------ Post added on Jun 5, 2025 at 10:43 PM
     
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    SIC

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    meka kauruwatma kiyan nane mcn, IRD office giya , call kala. tama kal tiyenawa habai first payment eka cumalative salaray eka 18 lak unata passe

    Starting from April 1st of the year of assessment and continuing until the end of the year of assessment, which is March 31st of the following year, compute the cumulative employment income (after converting the foreign currency amounts into Sri Lankan Rupees) received each month. Tax payments should begin when the cumulative income exceeds Rs. 1,800,000.

    1749183709017.png


    uda rule eka anuwa 18 lak wenakan gewanna oni na cumulative. then cumulative *6 % -108000 laksha 28 wenakn. then cumulative*15%-360000 . hari neda @nkt ?
    ------ Post added on Jun 6, 2025 at 7:11 AM
     
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    sandaru1rox

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    meka kauruwatma kiyan nane mcn, IRD office giya , call kala. tama kal tiyenawa habai first payment eka cumalative salaray eka 18 lak unata passe

    Starting from April 1st of the year of assessment and continuing until the end of the year of assessment, which is March 31st of the following year, compute the cumulative employment income (after converting the foreign currency amounts into Sri Lankan Rupees) received each month. Tax payments should begin when the cumulative income exceeds Rs. 1,800,000.

    View attachment 251838

    uda rule eka anuwa 18 lak wenakan gewanna oni na cumulative. then cumulative *6 % -108000 laksha 28 wenakn. then cumulative*15%-360000 . hari neda @nkt ?
    ------ Post added on Jun 6, 2025 at 7:11 AM
    Ow cumulative 1.8 wenakan gewanna one na. Ita passe salary income nan monthly gewanna one. Mata thama therenne naththe spot rate awla goda daganna widiya.
     

    nooby

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    Ird එකෙන් තේරෙන සිංහලෙන් ඕක ගැන වීඩියෝ සීරිස් එකක් කලා නම් ඉවරයිනේ. බොරුවට බදු ශක්ති අරව මේවා කියල මගුල් කරන වෙලේ
     
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    SIC

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    Ird එකෙන් තේරෙන සිංහලෙන් ඕක ගැන වීඩියෝ සීරිස් එකක් කලා නම් ඉවරයිනේ. බොරුවට බදු ශක්ති අරව මේවා කියල මගුල් කරන වෙලේ
    wadak na katha karala. return ehemath sahenna godak tiye fill karanna. 4 mins podi video ekak tiyenne

    Ow cumulative 1.8 wenakan gewanna one na. Ita passe salary income nan monthly gewanna one. Mata thama therenne naththe spot rate awla goda daganna widiya.
    https://www.cbsl.gov.lk/en/rates-and-indicators/exchange-rates/daily-buy-and-sell-exchange-rates
    mekan ganna kiyala tiyenne mcn doc eke. meke buying rate penwano past days walata
    ------ Post added on Jun 6, 2025 at 9:54 AM
     

    Tax Advisor

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    excempt dala submit karanna oni.eeta amatharawa oyage asset liability declare karanna oni match wenna.and rupiyalak hari interest income enna athine.ewath record wenna oni.

    April idan thamai liable wenne.
     

    nkt

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    yearly tax rate ekak dala monthly gewanne khmda ban
    dan normal padiyat 36% kapenne, evage thama

    meka kauruwatma kiyan nane mcn, IRD office giya , call kala. tama kal tiyenawa habai first payment eka cumalative salaray eka 18 lak unata passe

    Starting from April 1st of the year of assessment and continuing until the end of the year of assessment, which is March 31st of the following year, compute the cumulative employment income (after converting the foreign currency amounts into Sri Lankan Rupees) received each month. Tax payments should begin when the cumulative income exceeds Rs. 1,800,000.

    View attachment 251843

    uda rule eka anuwa 18 lak wenakan gewanna oni na cumulative. then cumulative *6 % -108000 laksha 28 wenakn. then cumulative*15%-360000 . hari neda @nkt ?
    ------ Post added on Jun 6, 2025 at 7:11 AM
    ow bn 1.8 wenakan gevanna ona na, April wala idan hambena okkom total eka ganna ona,
    mat me masema set una gevanna :(

    mn excel eke damme mehem formula ekak -
    =IF(F7<=1800000, 0,
    IF(F7<=2800000, F7*0.06 - 108000,
    F7*0.15 - 360000))

    F7 kiyanne accumulated salary ek

    ow oka pahadiliw thibbe na bn ara youtube eke tax karan porak inne uge video ekakin math oka danagaththe :baffled:


    ------ Post added on Jun 6, 2025 at 7:27 PM

    Ow cumulative 1.8 wenakan gewanna one na. Ita passe salary income nan monthly gewanna one. Mata thama therenne naththe spot rate awla goda daganna widiya.
    menna meke thiyenw CBSL eke exchange rate, meke adala date ekat thiyen buying rate ek ganna ona, spot neme, hama masema update karnaw oka

    https://www.cbsl.gov.lk/sites/defau...Buying_&_Selling_Exchange_Rates_20250602.xlsx
    ------ Post added on Jun 6, 2025 at 7:30 PM