Hotels get four-month deferral period to pay Tourism Development Levy

The Government has decided to further extend the deferral period for hotels registered under the Sri Lanka Tourism Development Authority to pay their 1% levy on turnover for the next four months.

The government had earlier given a six month deferral period for hotels registered under the SLTDA in support of the tourism industry recovery in the wake of the Easter Sunday attack. The deferral period ended by December 31, 2019.

However, the government had decided to extend the deferral period as the tourism industry has not totally recovered in the aftermath of the Easter Sunday attack.

Accordingly, the proposal presented by Industrial Exports and Investment Promotion, Tourism and Aviation Minister Prasanna Ranatunga, to extend the grace period for the hotels registered under Sri Lanka Tourism Development Authority to pay their 1% levy on turnover for the next four months was approved by the cabinet. ( Source -Ada Derana)