Sri Lanka VAT registration threshold

Nov 12, 2016 | Richard Asquith

Sri Lanka has reduced that annual VAT registration threshold to LKR 12million. The threshold for retail and wholesale sectors has been cut to 50million per annum.

The move follows the raising of VAT from 11% to 15% on 1 November 2016.

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VP Global Indirect Tax

Richard Asquith

VP Global Indirect Tax Richard Asquith

Richard Asquith is the former VP Global Indirect Tax at Avalara