Sulaiman Nishtar, Shehani Paranavitane, and Shakthivel Velauthapillai of EY Sri Lanka walk us through Sri Lanka’s tax concerns, covering both individuals and businesses.
Sulaiman says low tax literacy and lack of trust hinder voluntary compliance, Shehani advises businesses to undertake proactive risk management to avoid unfair penalisation, and Shakthivel encourages SMEs to prepare themselves for the challenges posed by the end of SVAT.
An Echelon brand partnership with EY Sri Lanka
