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Sri Lankan tax system is regarded as one of the most complicated tax structures in the world. Inefficiencies in the administration of taxes, social attitudes among general public about the tax system, lack of knowledge among the public on their obligation are some of the issues which have made severe problems to the government when financing ...
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
e-pay, Ltd., February 2003, an electronic payments processor of prepaid mobile airtime top-up services in the U.K. and Australia. [26] This added a prepaid processing division to Euronet that grew with the September 2003 purchase of Austin International Marketing and Investments, Inc. (AIM), a U.S. based company, and the acquisition of the ...
The only evidence of a British postal service before 1815 is a "Colombo Post Free" handstamp used on a soldier's letter in 1809, when British Royal Artillery troops were engaged to subdue Sri Vikrama Rajasinha, the king of Kandy (1798–1815), whose inland territory had never been under the influence of the Dutch.
The tax is paid by employers based on the total remuneration (salary and benefits) paid to all employees, at a standard rate of 14% (though, under certain circumstances, can be as low as 4.75%). Employers are allowed to deduct a small percentage of an employee's pay (around 4%). [7] Another tax, social insurance, is withheld by the employer.
A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1]
This form certifies the employee's pay, tax and PRSI contributions from the start of the tax year to date of cessation and also certifies that the deductions have been made in accordance with the instructions given by Revenue. If the PAYE is not the same as tax that would be due for the year, the employee must file Form 12, an annual tax return.
A special-purpose local-option sales tax (SPLOST) is a financing method for funding capital outlay projects in the U.S. state of Georgia. It is an optional 1% sales tax levied by any county for the purpose of funding the building of parks , schools , roads , and other public facilities. [ 1 ]
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