1 April APIT Table Change: Employer Checklist
On 1 April, apply the new APIT tables from that month's payroll, and treat the year's cumulative totals as starting again at…
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On 1 April, apply the new APIT tables from that month's payroll, and treat the year's cumulative totals as starting again at…
R1 employers file half-yearly Form II by 31 August and 28 February. R4 is monthly, not half-yearly return. Differences and relevant deadlines.
A register of employees, hours worked, leave, pay records and tax records. What the law requires, and how long to keep each…
No Act sets a probation length in Sri Lanka, so the contract does. What must be in writing, how to extend it,…
No Act sets a general notice period in Sri Lanka. The contract does. Where TEWA applies to a dismissal, it needs consent…
No Act limits renewing a fixed-term contract in Sri Lanka. TEWA does not say whether letting one lapse counts as a dismissal.…
Set a per-diem for meals, paid as an allowance. Reimburse travel and lodging on receipts, tax and EPF free. See the rule,…
A receipted business expense paid back to an employee is not taxable pay. A flat allowance usually is. The test, common claims…
An allowance attracts EPF and APIT; a receipted reimbursement does not. The test, comparison table and how to fix a round-sum allowance…
Turnover rate: leavers divided by average headcount, times 100. Absenteeism: days lost divided by days available. Formulas and a worked example here.