Sri Lanka increases VAT to 12% & Telecommunication Levy to 15%
Posted by Editor on May 31, 2022 - 4:20 pm
The Value Added Tax (VAT) has been increased from 8% to 12% with immediate effect, announced the Office of the Prime Minister today (May 31).
In addition, the Telecommunication Levy was increased from 11.25% to 15% with immediate effect, said a statement.
Latest Headlines in Sri Lanka
- Sri Lanka lifts vehicle import ban effective February 1, 2025 January 31, 2025
- Chinthaka Darshana Hewapathirana Resigns as NYSC Chairman January 31, 2025
- Sri Lanka revises fuel prices from February 1, 2025 January 31, 2025
- Sri Lanka President pledges swift action on northern land, jobs and development January 31, 2025
- U.S. to deport 3,065 Sri Lankans amid crackdown on illegal immigrants January 31, 2025