Social Security Contribution Levy (SSCL) has been imposed with effect from October 01, 2022 by the Social Security Contribution Levy Act, No. 25 of 2022. Every registered person shall account for the levy on an accrual basis.
SSCL is payable by every taxable person (individual or entity includes a body of persons corporate or unincorporated, an executor, non- governmental organization and charitable institution) who:
Turnover has been defined in relation to respective category of persons to whom the SSCL Act is applicable, as follows:-
The turnover for the relevant quarter of any taxable person shall not include;
SSCL shall be charged from every taxable person for every quarter on or after October, 1, 2022 in respect of the liable turnover.
SSCL shall be charged at the rate of 2.5 per centum, in respect of the liable turnover in following manner;
SSCL is payable on self-assessment basis in monthly. The due dates are as follows.
Every registered person shall furnish to the Commissioner General a return in writing for every quarter on or before the twentieth day of the month after the end of each relevant quarter.
Inland Revenue Department, Sri Lanka,
Chittampalam A. Gardiner Mawatha, Colombo 02.
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