Sri Lanka — Registration threshold unchanged
This page records one dated change. For the rules in Sri Lanka as they stand today, see the Sri Lanka guide →
- Jurisdiction
- 🇱🇰 Sri Lanka
- Tax
- VAT
- Change type
- Threshold
- Status
- Enacted
- Impact
- FYI
- Effective
- 30 June 2026
- Systems
- Tax engine, ERP
- Verified
- Fetched from official source · high confidence
No action -- supersedes W18's incorrect threshold-cut entry; correct the tax-changes record so downstream users are not told the threshold dropped to LKR 36 million.
Tax engineERP
CORRECTION to the W18 report: the VAT (Amendment) Bill's proposed cut of the general annual VAT registration threshold from LKR 60 million to LKR 36 million (with a matching LKR 9 million per-quarter test) was dropped before enactment. Section 10 of the principal Value Added Tax Act, No. 14 of 2002 was left entirely unamended by the enacted Value Added Tax (Amendment) Act, No. 14 of 2026 (certified 30 June 2026) -- the bill's own Clause 5, which would have amended section 10, does not appear in the Act at all (the Act's clause numbering jumps from Clause 4, amending section 7, straight to a renumbered Clause 5 that amends section 21, i.e. what was the bill's Clause 6). The general VAT registration threshold therefore remains at its pre-existing level (LKR 60 million per 12 months / LKR 15 million per quarter, as separately corroborated by Sri Lankan press coverage of the certified Act), not the LKR 36 million figure W18 reported as enacted.