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Sri Lanka Equity Forum » Stock Market Talk » VAT to go up to 15%

VAT to go up to 15%

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1 VAT to go up to 15% on Fri Oct 28, 2016 12:02 am

vic19

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
the Parliament has approved the bill on Value added tax ( VAT) to increase it to 15% as from the present 11.5%.

2 Re: VAT to go up to 15% on Fri Oct 28, 2016 7:07 am

Teller

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Moderator
This is a temporary solution how ever it's good for government revenue .

3 Re: VAT to go up to 15% on Fri Oct 28, 2016 10:44 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
No option to the government except to comply with the strict adherence to lenders' advice.

4 Re: VAT to go up to 15% on Fri Oct 28, 2016 8:20 pm

vic19

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Increase is effective from 1st Nov according to FT.lk

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