Tax seminar and training for SME and business owners organised by SWT Academy

Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well. Every business has to file their respective taxes to government at both central and state level of all the places their business is thriving. 

The thing with business is, filing taxes is really important. Knowledge of your rights as a taxpayer and the understanding tax laws will give you peace of mind and wisdom. You do not have to be an expert, but you do need to know the basics and the importance of taxes. Most importantly, you need to know who you can turn to for help and counsel.

In a bid to raise the level of taxation awareness among SME and business owners, SWT Academy, part of a global business conglomerate which provides business advisory, BPO and corporate training services, looks to conduct its successful real-world-oriented seminar for SME and business owners. This ‘Tax Seminar’ is a part of SWT’s international seminar and workshop series intended for SME and business owners to enable them to do taxation correctly.

This seminar is a training course to take on the confusing topics of taxation and discuss it in a more understandable and practical light. They teach about Personal and Corporate Taxation law in terms of income tax preparation, allowable deductions, and solving common issues. Apart from SME and business owners, entrepreneurs, employees of SMEs, tax and accounting professionals, tax and accounting students, other professionals and anyone who wants to learn taxation in Sri Lanka are targeted for this seminar. It is very important to them for getting knowledge about how to identify the benefits of tax incentives available in the New IRD Act No. 24 of 2017 to each industry. Also it is very important to know about recent changes which have been introduced to the Tax Laws. The Tax Seminar is the best answer to them to get better knowledge about taxation in the easiest way. 

“In this Tax Seminar we will give knowledge of main sources of income, all types of taxes applicable for a company, registration thresholds and compliance of the same. It will also focus on computation of assessable income and taxable income of a company, allowable and disallowable expenses for tax purposes,” said SWT Academy Managing Director Samantha Kaluarachchi. They confirmed that their tax seminar has the most up-to-date materials, so that participants can learn the most useful and relevant areas of taxation possible. At the end of the seminar a Q & A session will be held to clarify doubts on common issues on Income Tax related matters. 

Referring to the strength of the Tax Seminar, Kaluarachchi added, “By the end of this training course, participants will be able to have a better theoretical and practical understanding of taxation in Sri Lanka.” The seminar will roll out on Thursday, 20 March, from 9 a.m. to 1:30 p.m. at ‘the Connect’, Shangri-La Colombo. Seating is limited and pre-registration is required. Call for registration: 0112 336 900. For more detail please log into www.swtassociates.lk.