Post by AccSense Chartered Accountants

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๐’๐ซ๐ข ๐‹๐š๐ง๐ค๐š ๐ข๐ฌ ๐จ๐Ÿ๐Ÿ๐ข๐œ๐ข๐š๐ฅ๐ฅ๐ฒ ๐ฆ๐จ๐ฏ๐ข๐ง๐  ๐ญ๐จ ๐ญ๐š๐ฑ ๐ญ๐ก๐ž ๐๐ข๐ ๐ข๐ญ๐š๐ฅ ๐ž๐œ๐จ๐ง๐จ๐ฆ๐ฒ. Under the new VAT regulations, digital services, including SaaS platforms, online advertising, streaming services, and other cloud-based offerings, will soon be subject to Value Added Tax (VAT). Whether you're a local provider or a foreign entity supplying digital services to Sri Lankan customers, this update brings significant tax implications. Now is the time to: Review your digital pricing strategy Update billing and invoicing systems Register for VAT (if required under the law) Ensure tax compliance ahead of implementation ๐–๐ข๐ญ๐ก ๐ž๐ง๐Ÿ๐จ๐ซ๐œ๐ž๐ฆ๐ž๐ง๐ญ ๐š๐ฉ๐ฉ๐ซ๐จ๐š๐œ๐ก๐ข๐ง๐ , ๐›๐ž๐ข๐ง๐  ๐ฉ๐ซ๐จ๐š๐œ๐ญ๐ข๐ฏ๐ž ๐ข๐ฌ ๐ค๐ž๐ฒ. ๐ƒ๐จ๐งโ€™๐ญ ๐ฐ๐š๐ข๐ญ ๐Ÿ๐จ๐ซ ๐ฉ๐ž๐ง๐š๐ฅ๐ญ๐ข๐ž๐ฌ. ๐’๐ญ๐š๐ซ๐ญ ๐ฉ๐ซ๐ž๐ฉ๐š๐ซ๐ข๐ง๐  ๐ง๐จ๐ฐ. Hotline: 011 454 1100 Mobile: 070 240 0011 | 070 340 0011 Website: www.accsense.lk Email: [email protected] #BusinessStrategy #DigitalBusiness #FinancialPlanning

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