![]() We have been supporting our dealer and broker partners and have listened to them about the digital tools they need to enhance their customers’ purchasing journey. Kemple continued: “The car buying experience has come on leaps and bounds in recent years, but the past few months has accelerated the need for enhanced digital options. Consequently, numerous firms have revealed ambitious plans to advance their digital offering. Seán Kemple, managing director at Close Brothers Motor Finance, said: “We’re ready to start providing finance calculators to our partners, providing support for customers researching the cost of finance, while also giving dealers leads to start finance conversations with potential customers earlier in the buying process – all contact free.”ĭue to coronavirus and the subsequent restrictions, customer-facing digital tools are now a pinnacle of the vehicle buying process. If you found this information about VAT in Sri Lanka useful and liked our free online VAT calculator for Sri Lanka then you will probably find the following calculators and supporting Sri Lanka tax tables useful.Close Brothers has opted for a phased roll out plan to ensure dealers are equipped to utilise the calculator, as services become increasingly digitalised. This is useful if you need to check the individual VAT amount on one unit (a single product or service) before adding it to the list of items in the VAT table. Please note that the Sri Lanka VAT Calculator is designed to allow you to toggle between quick and Detailed calculations without losing any data that you add to the Detailed VAT Table. ![]() When items are removed from the VAT table, the calculator will automatically update the associated figures and recalculate VAT, total cost of goods etc. If you make a mistake or simply want to remove an entry from the Sri Lanka VAT Table, click on the "Del" button adjacent the line entry that you wish to remove. Each time you add new information, the total amount will be updated so you can see the total costs of goods, products and services in Sri Lanka inclusive and exclusive or VAT. You can then add more product and/or services as required. Sri Lanka VAT Calculator will add your product/service to the Sri Lanka VAT Table. Select the relevent VAT rate that applies to your goods, product or service in Sri Lanka.Enter the price of the product / service detailed in step 3.Enter the number of units being sold (3 bags, 5 SEO guest post packages, 2 new cars, 1 annual tax return etc.).enter the name of the product or service for which you wish to calculate VAT.How to complete a Detailed VAT Calculation You can print/email this table as required. The Sri Lanka VAT Calculator will provide a table which specifies the product/service price, the product/service VAT amount due and the total cost of the product or service in Sri Lanka. Select Normal View or Full Screen View.The following step-by-step guides to calculating VAT online with the Sri Lanka VAT Calculator covers all the functions within the VAT calculator: How to complete a Quick VAT Calculation The full screen view removes or the unnecessary information so you can focus solely on using the Sri Lanka VAT Calculator. The inline view displays the calculator surrounded by the normal menus and links to other tools and supporting information. You can view the calculator inline or full screen. The table below specifies the relevent VAT rates applicable in Sri Lanka, these were last updated in line with the published VAT rates in 2023. ![]() b = The relevenat rate of VAT in Sri Lanka associated with the product/service.a = The product/service that is subject to VAT in Sri Lanka.
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