Tax Planning &VAT Filing

For the 2025/26 tax year, Sri Lanka uses a progressive income tax slab system. The first LKR 1.2 million of annual income is tax-free, with rates ranging from 6% to 36% on income above that threshold. Corporate tax is generally 30%. Our partner Chartered Accountants can advise on the exact rates applicable to your income sources and available deductions.

The annual income tax return deadline for individuals is 30 September following the end of the tax year, while corporate tax returns must be filed by 30 November. VAT and APIT returns are due monthly by the 15th. JBA's compliance tracking system ensures you never miss a critical deadline.

JBA coordinates the entire tax planning and filing process, but the actual tax computation and return filing is handled by our vetted network of Chartered Accountants who are registered tax practitioners. JBA manages the relationship, ensures quality and timeliness, and serves as your single point of contact throughout.

Yes, our partner Chartered Accountants provide full tax dispute resolution services including responding to assessments, filing objections, and representing you in appeals before the Tax Appeals Commission. JBA coordinates urgently on assessment notices to ensure deadlines for objections are never missed.