• Last Update 2024-07-19 16:40:00

Ban on institutions paying PAYE tax on behalf of employees

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The Finance Ministry has intervened to stop state Institutions paying the PAYE tax of employees instead of the employees themselves paying up the tax.

State Minster of Finance Ranjith Siyambalapitiya said that a circular directing institutions not to pay PAYE tax on behalf of employees is to be issued.

The intervention came after the media today reported on how funds from the Institutions are to be made use to pay the tax.

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