A Budget speech proposes and does not change the law. What the 12 November 2026 proposals could mean for companies and employers, and when they apply.

Read article

Explore Tax Advisory

Continue learning

Need tailored guidance?

Book a call with WinCore consultants to apply these insights to your finance or compliance roadmap.

Speak with a consultant

Latest articles

IRD Tax Calendar 2026 page 4, August and September, with the 15 August SET line and the 30 September final payment marked

Tax Updates12 min read

IRD Tax Calendar 2026 changes: what the printed calendar gets wrong

The IRD's printed 2026 calendar predates Act No. 11. One line is obsolete, one statement is missing, and two November dates differ in kind.

October 19, 2026Tax Advisory

First page of Inland Revenue (Amendment) Act No. 11 of 2026 with the certification date marked

Tax Updates16 min read

Sri Lanka tax law changes 2026: every instrument by date

One dated register of the Acts, Gazettes and IRD circulars behind our Regulation Desk pieces, with the day each one actually started to bite.

October 15, 2026Tax Advisory

Act No. 4 of 2025 with the certification date, the commencement clause and the SVAT cut-off marked

Tax Updates12 min read

VAT Amendment Act No. 4 of 2025: how SVAT ended and RBRS began

SVAT stopped for supplies from 1 October 2025. How the 2025 Act did it, when exporters now get refunds, and which wind-up dates count.

October 7, 2026Tax Advisory

Circular SEC/2026/E/06 (Re-Revised), page 1, marked

Tax Updates12 min read

Circular SEC/2026/E/06: quarterly income tax instalments for 2026/27

The IRD rewrote its instalment circular twice in nine days. What the 12 August version says on A, C, Method 2, the SET bridge and the November dates.

October 5, 2026Tax Advisory

VAT (Amendment) Act No. 14 of 2026 cover page certified 30 June 2026, section 17(1) adding item (xii) to Part III of the First Schedule, and IRD notice item 15 headed New Exemptions effective from July 1, 2026

Tax Updates11 min read

Supplies to a BSI are VAT exempt from 1 July 2026

From 1 July 2026 supplies to a Port City Business of Strategic Importance are VAT exempt. The legal basis, invoicing and the input VAT effect.

September 1, 2026Tax Advisory

Act No. 2 of 2025 with the certification date and the commencement clause marked

Tax Updates11 min read

Inland Revenue Amendment Act No. 2 of 2025: rates, relief, refunds

In force from 1 April 2025, Act No. 2 cut tax on most salaries, ended two foreign income exemptions and set a 30-month refund limit reaching 2024/25.

August 26, 2026Tax Advisory

Section 1 of Act No. 11 of 2026 and the commencement Table, marked

Tax Updates13 min read

Inland Revenue Amendment Act No. 11 of 2026: what changed and when

Certified 3 June 2026, Act No. 11 carries nine start dates. Here is each change, the date it bites, the penalty attached and the 2 December write-off.

August 19, 2026Tax Advisory

Act No. 14 of 2026, first page, with the certification date, the short title and the new digital services date marked

Tax Updates13 min read

VAT Amendment Act No. 14 of 2026: what changed and from when

Digital services VAT, a 20.5 percent rate for financial services and Rs 1 million fines: each change in the 2026 VAT Act, with its own start date.

August 14, 2026Tax Advisory

IRD Tax Chart 2025/26 page headings with the year, the WHT table and the Betting and Gaming Levy marked

Tax Updates10 min read

IRD tax chart 2025/26 Sri Lanka: rates checked and what changed

The IRD's 2025/26 chart is a dated record. Which rows match the Act, which were overtaken, and the levy that changed inside the year.

August 10, 2026Tax Advisory

SSCL Act No. 25 of 2022, section 3(1) and section 3(3)(b), with the 2.5 percent rate and the VAT exclusion marked

Tax Updates13 min read

SSCL amendment 2026: Acts No. 24 of 2025 and No. 10 of 2026

Fuel and vehicle exemptions, a bank exemption that bites later than it looks, and a lower threshold: the two SSCL Acts read clause by clause.

July 31, 2026Tax Advisory

IRD Circular SEC/2026/E/04 page 1 with the date, the effective date and the two carve-outs marked

Tax Updates12 min read

Withholding tax circular 2026: the yearly WHT certificate rules

From 8 June 2026 the IRD allows one certificate for up to a year, on four conditions. The rates, the 30 April statement and each penalty.

July 1, 2026Tax Advisory

Tax Updates12 min read
IRD Tax Calendar 2026 changes: what the printed calendar gets wrong
The IRD's printed 2026 calendar predates Act No. 11. One line is obsolete, one statement is missing, and two November dates differ in kind.
October 19, 2026Tax Advisory
Tax Updates16 min read
Sri Lanka tax law changes 2026: every instrument by date
One dated register of the Acts, Gazettes and IRD circulars behind our Regulation Desk pieces, with the day each one actually started to bite.
October 15, 2026Tax Advisory
Tax Updates12 min read
VAT Amendment Act No. 4 of 2025: how SVAT ended and RBRS began
SVAT stopped for supplies from 1 October 2025. How the 2025 Act did it, when exporters now get refunds, and which wind-up dates count.
October 7, 2026Tax Advisory
Tax Updates12 min read
Circular SEC/2026/E/06: quarterly income tax instalments for 2026/27
The IRD rewrote its instalment circular twice in nine days. What the 12 August version says on A, C, Method 2, the SET bridge and the November dates.
October 5, 2026Tax Advisory
Tax Updates11 min read
Supplies to a BSI are VAT exempt from 1 July 2026
From 1 July 2026 supplies to a Port City Business of Strategic Importance are VAT exempt. The legal basis, invoicing and the input VAT effect.
September 1, 2026Tax Advisory
Tax Updates11 min read
Inland Revenue Amendment Act No. 2 of 2025: rates, relief, refunds
In force from 1 April 2025, Act No. 2 cut tax on most salaries, ended two foreign income exemptions and set a 30-month refund limit reaching 2024/25.
August 26, 2026Tax Advisory
Tax Updates13 min read
Inland Revenue Amendment Act No. 11 of 2026: what changed and when
Certified 3 June 2026, Act No. 11 carries nine start dates. Here is each change, the date it bites, the penalty attached and the 2 December write-off.
August 19, 2026Tax Advisory
Tax Updates13 min read
VAT Amendment Act No. 14 of 2026: what changed and from when
Digital services VAT, a 20.5 percent rate for financial services and Rs 1 million fines: each change in the 2026 VAT Act, with its own start date.
August 14, 2026Tax Advisory
Tax Updates10 min read
IRD tax chart 2025/26 Sri Lanka: rates checked and what changed
The IRD's 2025/26 chart is a dated record. Which rows match the Act, which were overtaken, and the levy that changed inside the year.
August 10, 2026Tax Advisory
Tax Updates13 min read
SSCL amendment 2026: Acts No. 24 of 2025 and No. 10 of 2026
Fuel and vehicle exemptions, a bank exemption that bites later than it looks, and a lower threshold: the two SSCL Acts read clause by clause.
July 31, 2026Tax Advisory
Tax Updates12 min read
Withholding tax circular 2026: the yearly WHT certificate rules
From 8 June 2026 the IRD allows one certificate for up to a year, on four conditions. The rates, the 30 April statement and each penalty.
July 1, 2026Tax Advisory

Recommended next steps

Move from insight to action with advisory programs designed around Sri Lankan regulations.

Tax advisory clinic

Resolve VAT, income tax, and RAMIS filing questions with a dedicated consultant.

Explore service

Accounting retainers

Monthly bookkeeping, IFRS reporting, and board-ready management packs.

Explore service

BPO operating partner

Build resilient back-office capacity with workflow design, QA, and managed delivery support.

Explore service

Company registration desk

Name reservations, paperwork, and secretary support handled end-to-end.

Explore service

Payroll governance program

Automate EPF/ETF, gratuity, and compliance workflows with our payroll specialists.

Explore service

Looking for playbooks and templates?

Download checklists, calculators, and regulatory guides prepared by our practitioners.

Browse resources library

Request a tailored workshop

Meet the advisory team behind every article

Chartered professionals who translate regulations into practical guidance for Sri Lankan organisations.

Kavindu Perera

Head of Accounting & Compliance

ICASL-qualified specialist in statutory accounting, RAMIS filings, and IFRS reporting for Sri Lankan businesses.

Dilrukshi Jayawardena

Head of Payroll & Labour Compliance

CIMA-certified payroll specialist focused on EPF/ETF governance, APIT workflows, and labour-compliance operations.

Thilina Rodrigo

Head of BPO & Virtual CFO Services

Leads BPO pod strategy, cash-flow modelling, and board-level reporting for growth-stage and regional teams.