Financial Market analysts claim that doctors will not be charged 24% taxes for work done in goverment hospitals. According to them the Association of Specialist Doctors are making unfair demands by misconstruing the newly proposed Inland Revenue Act.
They made this statement in response to the President of the Association of Specialist Doctors, Dr Sunil Wijesinghe who claimed they will take strict action if the government does now revoke the direct tax imposed which covers doctors as well.
According to Wijesinghe the government has imposed a 24% tax on their services and discussions were held to get this reduced to 12%. However he claims authorities refused to reduce it.
They had also claimed they will stawy away from consultation services in protest. However they have failed to take such action.
But analysts say doctors are not expected to pay 24% and only expected to pay 12% which is the maximum they can be taxed.
However the 24% tax would only apply if doctors are engaged in channeling services privately thereby gaining immense profits. This appears to be the current issue of contention.
Leave your comments
Login to post a comment
Post comment as a guest