Taxable Income vs Total Income – What’s the Difference?
Total Income and Taxable Income are not always the same. Learn the difference and understand how your income tax is calculated in simple terms.
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Essential reading for every Sri Lankan business owner
Total Income and Taxable Income are not always the same. Learn the difference and understand how your income tax is calculated in simple terms.
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Wondering whether you have to pay income tax immediately after getting a TIN number in Sri Lanka? Learn who needs to pay tax, the current tax-free income threshold, and when you should file an income tax return.
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Get professional tax consultation services in Sri Lanka for Income Tax, TIN Registration, Tax Returns, Tax Planning, and business tax solutions. Mercantile Accountancy provides reliable accounting and tax support for individuals and businesses.
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Not sure whether you need a Taxpayer Identification Number (TIN) in Sri Lanka? Learn who may require a TIN, why it is important, and when to seek professional tax advice from Mercantile Accountancy.
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Need to submit your 2025/2026 Income Tax Return in Sri Lanka? Learn why timely tax return filing is important, who may need to file, and how professional tax services can help you stay compliant.
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Insider tips on creating financial statements that meet Sri Lankan bank requirements. Increase your approval chances with proper documentation.
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Avoid these costly errors in your tax filings and compliance. Learn the most common pitfalls and how to prevent them before they impact your business.
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Understanding the differences between Employees' Provident Fund and Employees' Trust Fund, your obligations as an employer, and how to manage both effectively.
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Detailed walkthrough of the income tax filing process, from document preparation to submission. Includes deadlines, forms, and common mistakes to avoid.
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Complete guide to VAT registration requirements, thresholds, and compliance for businesses in Sri Lanka. Learn when you need to register and how to avoid penalties.
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