IRD Sri Lanka Opens e-Filing returns for 2023/2024 Tax Year

Sri Lanka’s Inland Revenue Department have opened the “e-Services” for filing Income Tax Returns, CIT (Corporate), PIT (Partnership) , & IIT (Individual) incl. IIT Simplified for Year of Assessment 2023/2024.

Filing Taxes Online: What's New?

The Inland Revenue Department (IRD) of Sri Lanka has opened its digital platform for the assessment year 2023/2024, allowing taxpayers to file returns electronically for various tax categories, including Corporate Income Tax (CIT), Partnership Income Tax (PIT), and Individual Income Tax (IIT).

A new feature introduced this year is the Income Simplified Return (IITS). This option is specifically for individuals whose income sources are limited to employment income, interest income, or no taxable income at all. It simplifies the process for those who fit these criteria, making compliance less time-consuming.

Filing Requirements

All registered taxpayers are required to submit their income tax returns by November 30, 2024. The IRD strongly recommends early filing to avoid last-minute complications, considering the potentially lengthy process of preparing returns. The digital portal is now accessible on the department's official website.

Registering as a Taxpayer in Sri Lanka

If you are not yet registered as a taxpayer in Sri Lanka, you need to obtain a Taxpayer Identification Number (TIN) through the Inland Revenue Department (IRD). For more information, please visit the IRD registration page.

If you already have a TIN number, you can log in to the e-services platform here.

If you already have a TIN number but have not filed returns before, you may not have completed the tax type registration. To get started with filing your returns, log in to the e-services platform and complete the tax type registration process for IITs.

How to File Your Tax Returns

Detailed guides on how to file tax returns are available on the IRD website. If you are an individual taxpayer, you should refer to the Individual Income Tax (IIT) returns. You can access the quick guide for filing your returns here.

For further information, please visit the official IRD website.