HS Accounting Solution

🎊 A New Chapter Begins! 🎊

Our new office opening on 11th July 2026 was a truly memorable milestone, and we're incredibly grateful to everyone who joined us to celebrate this special occasion.

A sincere thank you to our valued clients, family, friends, and well-wishers for your presence, warm wishes, and unwavering support. Your trust and encouragement inspire us to continue delivering professional, reliable, and client-focused accounting services.

As we embark on this exciting new chapter, HS Accounting Solution remains committed to excellence, integrity, and helping our clients achieve their financial goals.

Here are a few highlights from our grand opening. Thank you for being part of our journey—we look forward to growing together! ❤️

HS Accounting Solution

💼 Too many business problems? We have the right solution!
Don't let bookkeeping, taxes, or compliance hold your business back.

At HS Accounting Solution, we provide complete accounting and business support services so you can focus on what matters most—growing your business.

📞 Contact us today: 077 626 4867
📍 Horana

Your Success is Our Priority.

📢 **Tax Amendment Series | Update 05**

🤝 Donation to Government and Government Funds – Tax Relief Enhancement

The Inland Revenue (Amendment) Act, No. 11 of 2026 introduces a valuable concession for taxpayers contributing towards national development.

✅ Donations made in cash or in kind to the Government of Sri Lanka or Government-established funds that qualify as deductible payments can now be carried forward to future years of assessment if they cannot be fully utilized in the current year.

📌 This provides greater flexibility and allows taxpayers to maximize the benefit of qualifying donations over multiple years.

📅 Effective Date: 01 April 2025

Support meaningful initiatives while enjoying enhanced tax benefits.

Stay informed. Stay compliant. Stay ahead.

📞 077 626 4867
📧 [email protected]
📍 129A, Anguruwathota Road, Horana
🌐 hsaccounting.lk

📢 **Tax Amendment Series | Update 04**

🎁 Transfer of Assets to the Government or Universities – New Tax Relief Introduced.

The Inland Revenue (Amendment) Act, No. 11 of 2026 introduces an important concession for gifts and donations made to the Government of Sri Lanka and recognized universities.

✅ Transfers of assets made as gifts or donations to the Government of Sri Lanka or universities established under the Universities Act, No. 16 of 1978 are not subject to tax.

📌 For tax purposes, the consideration received from such transfers is deemed to be equal to the net cost of the asset, resulting in a tax-neutral transfer.

📅 Effective Date: 03 June 2026

This amendment encourages philanthropy, supports education and national development, while providing certainty for taxpayers.

Stay informed. Stay compliant.

📞 077 626 4867
📧 [email protected]
📍 129A, Anguruwathota Road, Horana
🌐 hsaccounting.lk

📢 **Tax Amendment Series | Update 03**

💳 New IRD Provisions: Discouraging Cash Transactions & Promoting Digital Payments.

The Inland Revenue (Amendment) Act, No. 04 of 2023 introduced important measures to encourage transparent and traceable business transactions.

🔹 Payments of Rs. 500,000 or more made in cash or through non-approved methods may not qualify as deductible expenses for tax purposes.

✅ Accepted payment methods include:
• Account Payee Cheques
• Bank Drafts
• Credit & Debit Cards
• Electronic Bank Transfers
• Cash Deposits made directly to the recipient's bank account

⚠️ Non-compliance may result in:
• Disallowance of deductible expenses
• Exclusion from the tax cost base of assets

📌 Certain payments made to Government institutions, banks, financial institutions, and other exempted parties remain outside the scope of these provisions.

Stay informed. Stay compliant. Protect your business from unnecessary tax exposures.

📞 077 626 4867
📧 [[email protected]](mailto:[email protected])
📍 129A, Anguruwathota Road, Horana
🌐 hsaccounting.lk

📢 **Tax Amendment Series | Update 02**

🚗 Important Amendment to the Inland Revenue Act – Other Income.

The Inland Revenue (Amendment) Act, No. 11 of 2026 introduces significant changes relating to the realization of motor vehicles.

✅ Gains arising from the disposal of motor vehicles that are not trading stock and not depreciable assets eligible for capital allowances will no longer be treated as taxable other income.

❌ Likewise, losses from such disposals will not be allowable as deductions.

📅 Effective Date: 01.04.2024

Stay informed. Stay compliant.

HS Accounting Solution is committed to keeping you updated with the latest tax developments and helping you make informed financial decisions.

📞 077 626 4867
📧 [email protected]
📍 129/A, Anguruwathota Road, Horana
🌐 hsaccounting.lk

📢 **Tax Amendment Series | Update 01**

Stay informed with the latest changes to Sri Lanka's tax laws.

Today's update highlights the **Inland Revenue (Amendment) Act, No. 11 of 2026**, which revises Capital Gains Tax rates effective from **03 June 2026**.

Follow our page for more updates as we break down key amendments and explain what they mean for individuals and businesses.

**HS Accounting Solution**
*Keeping You Informed. Keeping You Compliant.*

Your business may be making sales...

But are you really in control of your finances?

❓ Do you know your actual profit?
❓ Are your tax obligations up to date?
❓ Are you prepared for audits and compliance checks?
❓ Do you have the financial information needed to grow?

Many businesses don't realize there's a problem until it's too late.

At HS Accounting Solution, we help business owners eliminate uncertainty and gain complete financial clarity.

✅ Accurate Accounting & Bookkeeping
✅ Tax Planning & Compliance
✅ Company Registration & Secretarial Services
✅ Annual Returns & Corporate Compliance
✅ Business Advisory & Financial Guidance

📈 Turn Financial Confusion into Business Confidence.

Whether you're starting a new business or managing an established company, we're here to help you stay compliant, profitable, and growth-focused.

💡 Smart Businesses Don't Wait for Problems. They Prevent Them.

📞 077 626 4867
🌐 hsaccounting.lk
📍 127/A, Anguruwathota Road, Horana

HS Accounting Solution – Your Trusted Partner for Business Success.

**📊 QuickBooks Accounting Workshop | Practical Training for Business Success**

Take your accounting and financial management skills to the next level with our comprehensive **QuickBooks Accounting Workshop**. Designed for business owners, entrepreneurs, accounting professionals, and aspiring finance practitioners, this session combines practical knowledge with hands-on application.

🔹 Learn core accounting principles
🔹 Master QuickBooks with confidence
🔹 Generate accurate financial reports
🔹 Monitor and analyze business performance
🔹 Make informed financial decisions

📅 **14 June 2026 (Sunday)**
⏰ **9.30 AM – 3.30 PM**
💻 **Online via Zoom**

💰 **Course Fee: Rs. 5,000**
🎉 **Special Offer: 30% Discount for the First 20 Registrations**
✅ **Pay Only Rs. 3,500**

🎓 Certificate of Participation provided to all attendees.

Seats are limited to ensure an effective learning experience. Register early to secure your place.

📞 077 626 4867
📧 [email protected]

📢 2025/26 Income Tax Return Filing Made Easy! 📢
Need help with your income tax calculations and return preparation?
HS Accounting Solution is here to support you with accurate, reliable, and professional tax services.
Our services include:
✅ Tax Planning & Advisory
✅ Accurate Tax Calculations
✅ Income Tax Preparation
✅ Professional & Confidential Service
Let our experts handle your tax matters while you focus on growing your business and career.
📞 Call Us Today: 077 626 4867
📧 [email protected]
🌐 hsaccounting.lk
“We Calculate. You Grow.” 💼📊