Tax Bill worries GMOA

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By 2017-08-24

The Government Medical Officers' Association (GMOA) yesterday claimed that certain provisions in the proposed Inland Revenue Bill would discourage professionals as the tax imposed on professionals is likely to increase significantly.

GMOA Secretary Dr. Haritha Aluthge said, the new Inland Revenue Bill proposes to abolish certain tax concessions provided to professionals and to tax the secondary income of professionals. He warned that increasing the tax imposed on professionals' incomes would result in increasing brain drain.

"Many professionals are staying in the public sector due to the incentives provided to them.

If professionals are taxed heavily, they will not only leave the public sector and they will leave the country too," he added.

Dr. Aluthge added that the GMOA had already written to the President Maithripala Sirisena regarding the matter and was expecting a favourable reply from him.

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