Your Sri Lanka TIN number is important one as it is required in many places. It is compulsory for people who are 18 years or older. If you are going to open a bank account registering or renewing motor vehicles, registering a business, transferring company shares and to obtain your Bank credit card.
Is there a closing date for the TIN Number Registration?
NO, no such date is fixed by the Sri Lanka Inland Revenue Department.
How to Check if you have allocated with an Income Tax Number?
Visit the IRD website, there select the Verify Registration
( https://eservices.ird.gov.lk/Registration/VerifyIRDInformation/Index ).
It will take you to another page. Where you can enter your NIC / Passport number and need to type the shown text in the page.
Then click the “search button” on that page.
If there is a TIN number is allocated for you the page will show that you can collect it from the nearest Inland Revenue Department by providing your NIC.
If there is no number is allocated for you that page will advice you to register for the TIN. All messages will be posted at the bottom pages.
Important.
In Sri Lanka you are not liable to pay any income tax, it is necessary to obtain a TIN Number for future banking, property buying and selling, any vehicle buying and registration purpose, and other official financial transactions.
How to Register For TIN Number?
1. Download Application Form, fill it and hand over it to the nearest IRD Office.
2. Go to the IRD website and fill the form online and submit it online.
No fee will be charged for this service.
Likewise, if you had already had applied for the above number keep waiting as they are posting them by postal service. You have to wait as there are millions of them had to be posted.
Where to Download or Apply online for this Personal Tax number in Sri Lanka?
https://www.ird.gov.lk/en/Shared%20Documents/TPR_Guidelines_E.pdf
Who will need to pay income tax to the Government?
In addition, those who are making over Rs 1,800,000/- per year will need to pay income tax according to their additional income. Like that, those who are earning less than Rs 150,000/- per month are exempted from paying incoming tax. Cheating of income will be seriously monitored and will lead to heavy fines for that individual.
Latest New.
Sri Lanka IRD will inform the Tax payers and they will have to pay the tax within the given 30 days. If they fail they will be produced in the courts. If they are found guilty under Rs 400,000/- will be fined or under 6 months of prison term or both of them can be imposed.