SURCHARGE ON INCOME TAX ACT

Arrangement of Sections

1. Short title.

2. Imposition of the surcharge on Income tax.

3. Dates for payment of the surcharge.

4. Employer to deduct the surcharge.

5. Surcharge in default and sums added-thereto.

6. Certain provisions of the Inland Revenue Act to apply.

7. Sinhala text to prevail in case of inconsistency.

8. Interpretation.

7 of 1989,

17 of 1991,

32 of 1992,

28 of 1993,

23 of 1994,

13 of 1995.

AN ACT to impose a Surcharge on every person chargeable with Income Tax for the years of assessment commencing respectively, on April 1, 1989, on April 1, 1990, on April 1, 1991, on April 1, 1992, on April 1, 1993, on April 1, 1994, and on April 1, 1995, by reference to the Income Tax payable by such person for each such year of assessment; and to provide for matters connected therewith of incidental thereto.

[Am by s 2 of Act 13 of 1995.]

[Date of Commencement: 11th May, 1989]

1. Short title.

This Act may be cited as the Surcharge on Income Tax Act.

2. Imposition of the surcharge on Income tax.

Every person who, under the Inland Revenue Act, is chargeable with income tax for any year of assessment commencing on or after April 1, 1989, but ending not later than March 31, 1996, (hereinafter in this Act referred to as "a relevant year”) shall, notwithstanding anything contained in any other written law be liable to pay a surcharge on the income tax payable by him for a relevant, year (hereinafter in this Act referred to as "the surcharge”), calculated at the rate of fifteen per centum of the income tax payable by such person for that relevant year.

[S 2 am by s 3 of Act 13 of 1995.]

3. Dates for payment of the surcharge.

Every person who is liable to pay e surcharge under this Act, shall notwithstanding that no assessment has been made on him, pay to the Commissioner-General—

(i) —

(a) not less than fifty per centum, on or before August 15, 1989 and

(b) the balance on or before November 15, 1989,

of the amount of the surcharge payable by him for the relevant year commencing on April 1, 1989;

[S 3(i) am by s 4 of Act 17 of 1991.]

(ii) —

(a) not less than fifty per centum on or before August 15, 1990, and

(b) the balance on or before November 15, 1990,

of the amount of the surcharge payable by him for the relevant year commencing on April 1, 1991;

[S 3(ii) am by s 4 of Act 17 of 1991; am by s 4 of
Act 32 of 1992.]

(iii) —

(a) not less than fifty per centum, on or before August 15, 1991; and

(b) the balance, on or before November 15, 1991,

of the amount of the surcharge payable by him for the relevant year commencing on April 1, 1991;

[S 3(iii) ins by s 4 of Act 17 of 1991; am by s 4 of
Act 32 of 1992; s 4 of Act 28 of 1993.]

(iv) —

(a) not less than fifty per centum, on or before August 15, 1992; and

(b) the balance, on or before November 15, 1992,

of the amount of the surcharge payable by him for the relevant year commencing on April 1, 1992;

[S 3(iv) ins by s 4 of Act 32 of 1992; am by s 4 of
Act 28 of 1993; s 4 of Act 23 of 1994.]

(v) —

(a) not less than fifty per centum, on or before August 15, 1993; and

(b) the balance on or before November 15, 1993,

of the amount of the surcharge payable by him for the relevant year commencing on April 1, 1993;

[S 3(v) ins by s 4 of Act 28 of 1993; am by s 4 of
Act 23 of 1994; s 4 of Act 13 of 1995.]

(vi) —

(a) not less than fifty per centum, on or before August 15, 1994; and

(b) the balance, on or before November 15, 1994,

of the amount of the surcharge payable by him for the relevant year commencing on April 1, 1994; and

[S 3(vi) ins by s 4 of Act 23 of 1994; am by s 4 of Act 13 of 1995.]

(vii) —

(a) not less than fifty per centum, on or before August 15, 1995, and

(b) the balance, on or before November 15, 1995,

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NATION BUILDING TAX (AMENDMENT) ACT, NO. 22 OF 2016


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NATION BUILDING TAX (AMENDMENT) ACT, NO. 22 OF 2016


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


LAW COMMISSION (AMENDMENT) ACT, NO. 19 OF 2016


VALUE ADDED TAX (AMENDMENT) ACT, NO. 20 OF 2016


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NATION BUILDING TAX (AMENDMENT) ACT, NO. 22 OF 2016


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


LAW COMMISSION (AMENDMENT) ACT, NO. 19 OF 2016


VALUE ADDED TAX (AMENDMENT) ACT, NO. 20 OF 2016


PORTS AND AIRPORTS DEVELOPMENT LEVY (AMENDMENT) ACT, NO. 21 OF 2016


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