Submission dates for PAYE, WHT, ESC extended until May 31, 2020

COLOMBO (News1st): The Inland Revenue Department (IRD) has extended the dates of submission for certain tax returns up to May 31, 2020 due to the prevailing situation of the country. The department said the e-Filing facility is available via the IRD Portal e-Services for taxpayers who wish to submit the VAT, ESC, PAYE returns and withholding schedules. The tax agency said the extension applies to;

• Annual Declaration of Employer (PAYE Tax Return) - Y/A 2019/2020
• Annual Statement of Withholding Tax (WHT) - Y/A 2019/2020
• Economic Service Charge (ESC) Return - Y/A 2019/2020
• Compounded Stamp Duty Return for the quarter ending March 31, 2020
• Value Added Tax on Financial Services (VAT on FS)
• Interim Estimate for last six months of the Year of Assessment 2019/2020 (financial institutions which submit returns on year of assessment basis)
• Value Added Tax (VAT) returns for the months of February, March and quarter ending March 31, 2020.
• Transfer Pricing Disclosure Form for the Y/A 2018/2019