Island12h
Supporting the Increase in Withholding Tax: A Step Toward Strengthening Sri Lanka’s Tax System
By Sanjeewa Jayaweera The government’s decision to increase the withholding tax (WHT) rate to 10%, effective 1 April 2025, ...
How Does Tax Work On My Pension? - Ask Susan
The first $15,600 you earn each year is taxed at 10.5 percent. Then, income between $15,601 and $53,500 is taxed at 17.5 percent. Income between $53,501 and $78,100 is taxed at 30 percent and between ...