The Janatha Vimukthi Peramuna (JVP) said today Finance Minister Ravi Karunanayke should be aware that he too would have to pay the newly imposed ‘Mansion Tax’ of Rs.1 million.
“The Finance Minister is also subjected to this tax. We commend the Mansion tax as a means of acquiring money from those who have. The funds accrued from this tax should be properly monitored to make sure that the benefits will trickle down to the ordinary citizen,” JVP Propaganda Secretary Vijitha Herath told a news conference.
Finance Minister Ravi Karunanayke in the Interim Budget he presented in Parliament yesterday announced that a new tax known as the ‘Mansion Tax’ whereby owners of houses valued at more than Rs.100 million or exceeded a floor area of 5000 square feet would have to pay Rs.1 million to the Government. (Lahiru Pothmulla)
Comments - 55
MathProf Friday, 30 January 2015 08:48 PM
This is not a bad idea, but more thought should be given to this. I am a Sri Lankan living in USA. My house is assessed every year and I pay a property tax. The property tax is used for funding school, roads and so on. The tax structure is horrible in Sri Lanka.
Sunil Friday, 30 January 2015 05:06 PM
This is totally absurd.more thought should go in to this.with out Haphazardly doing things that comes in to one mans mind.Are u going to replace d previous govt.mentality.?Yes Ravi,his brother Saliya. and all d family has mansions (Comfortable homes )all the ministers Ranils family members.more over they have vehicles worth more than our 5000 sq feet dwellings.Those should b taxed first.We spent our whole life.put in our life savings.took loans just for a little comfort before our death to have some thing we missed Back home.we brought in much neefed foreign earnings to the country.now we are retired Or about to retire. We could lose our jobs.no earnings How r we going to pay such amounts.We are old.we need health care.Heart surgary costs more than millions.Where d hell r we going to get somuch money to pay such amounts Anually.You ministers too cannot pay this with your salary.but of course with the underhand earnings.we cannot?think about it.
sigma Friday, 30 January 2015 05:14 PM
Unfortunately they round off decimals,so you have pay the tax...
TONY Friday, 30 January 2015 08:58 PM
WHAT IF A POOR RELATIVE GETS A REWARD OF A MANSION.. FROM WHERE CAN HE GET THE MONEY TO PAY THE TAX
roma Friday, 30 January 2015 05:16 PM
The tax is not applicable to you. It is only for rich people
Dom Friday, 30 January 2015 05:26 PM
Lima Friday, 30 January 2015 05:28 PM
HOW MANY MANSIONS THE MAHINDA AND THEIR FAMILY AND RELATIONS HAVE , SEIZE ALL OF THEM AND GIVE THEM THEIR HOLD HOUSE IN HAMBANTOTAT ,
jinith de silva Saturday, 31 January 2015 07:20 AM
I think they aimed vimal weerwansa.
lanka Friday, 30 January 2015 09:31 PM
Ha ha what about the dual citizenship that would be available to all persons of Sri Lankan origin . A payment of Rs. 500,000 will have to precede each individual request,about($ 18,000 )
Azee Friday, 30 January 2015 05:43 PM
Harsha is saying that all wont be taxed though owning over Rs100 mln. mansions via DM Android App
Dev Friday, 30 January 2015 05:52 PM
This idiot Ravi K is going to be responsible for the former regime being voted back in at the next general election due to his extortion policies
Eardley Friday, 30 January 2015 05:58 PM
Kumquat: You have foreign emplyment earning of more than Rs 100million....
Sara Friday, 30 January 2015 06:00 PM
The way Ravi K was talking, all this time I thought he was living in a Rented Out small house. Because he spoke so much about helping the poor.
pubudu Friday, 30 January 2015 09:52 PM
Lovely ! I like this idea !
Lalith Karunaratna Friday, 30 January 2015 10:02 PM
Taxing the huge mansions are commendable due to the environmental issues and saving the floor areas in crowded places. However the condition applied as exceeding a floor area of 5000 square feet is unfair under a situation if the mansion is not personnel but a business related. I think this rule has to be revise to 10,000 square feet limit.
boris Saturday, 31 January 2015 05:26 PM
I disagree completely with the first part of your comment.However I agree what concerns the hybrid cars, there should not be a tax increase.
Words Friday, 30 January 2015 06:13 PM
Lol... Maybe this tax is only applicable if your name is Rajapakse or Dhammika Perera....or maybe even remotely connected to the past regime...
Bala Saturday, 31 January 2015 05:34 PM
And there will only be about 250 such houses at most - so no votes lost
Bala Saturday, 31 January 2015 05:38 PM
What dollars is that ? Rs.500,000 is only US$.3760. I am willing to give you 500,000 if you will give me just half - US$9000.
Empulze Friday, 30 January 2015 03:46 PM
Its good that it came to light he already possess a mansion or else the wannabees would make that a point at the general election.
mancini Friday, 30 January 2015 03:46 PM
More info on this tax needed. One million per annum or ??either way, One million is a ridiculously high amount to pay.
lekam Saturday, 31 January 2015 09:28 AM
Real yahapalane thinking !!!!
fahdmalik Friday, 30 January 2015 06:40 PM
this is per annum or what?
Mason Friday, 30 January 2015 06:40 PM
The grumblings are unwarranted. A house of 5000 sq ft is quite large by any standards. A person who could afford this should be able to pay Rs. 1,000,000/- tax quite easily.
samson Friday, 30 January 2015 06:45 PM
This is like a Robin Hood government, cause is good, and inject some adrenalin to poor people, but would not last long.
Sujith Friday, 30 January 2015 11:44 PM
It is a great thing that we cut expenses. However, this is a Budget without any vision. At lease the budgets presented by earlier regime has a vision and the budget was going well with their overall plan. For an example a tax concession was given to Hybrid Cars as they are fuel efficient, enviornment friendly and cost effective. But this government has just increased the taxes of Hybrid cars without giving any attention to the pluses of the vehicles.
Kiris Baba Amaray Saturday, 31 January 2015 09:40 AM
He did not build this Mansion from your money. Why worry too much?
Nalini Thursday, 05 February 2015 08:24 PM
5000 square feet is not that big. What about the house rich and money poor people. Can they borrow so they can live in the house and pay the tax. This is a jokers tax as I can see.
patriot Friday, 30 January 2015 04:06 PM
JVP mentality, please also tax on luxury car for those owned more than one, yes luxury watch to be taxed also. no more party, liquor expensive and all to sleep early and wake up early to walk in Independence square, take photo with Janapathi.
Vijith Pieterz Saturday, 31 January 2015 09:47 AM
Ravi will pay this tax, why worry???? If he does not pay, then you question him please.
Bubble Banda Saturday, 31 January 2015 09:49 AM
Not only accountant build Mansions, look at Weerawansa one time street moker... he has so many Mansions now.
Kumudu Friday, 30 January 2015 04:08 PM
If the house is build by forighn employment. It is taxable or not? We foriegn employment people have to think what alternative saving methods.
Guruge Friday, 30 January 2015 06:57 PM
This stupid taxation should be contested at a court of law. What if a mansion owner does not have Rs.10 lacs to pay the tax? prosecute him? Sell off the mansion? Kindly apply this taxing policy for the future houses.
Desmond Jeromme Saturday, 31 January 2015 09:51 AM
Aluthgamage, Rohitha, Weerawansa, Rambukwela you all guys are trapped badly 1 Million x 6 Mansions each men, my God big money.
SriLankan Friday, 30 January 2015 04:13 PM
What about, "Aga Badda" and "Balu Badda"....?
Lokka Friday, 30 January 2015 04:22 PM
But I am lucky. Mine is only 4999.9
sataro Friday, 30 January 2015 04:24 PM
who is going to value the mensions via DM Android App
mack Saturday, 31 January 2015 10:20 AM
superb way to go get those greedy basterds to pay up what they stole via DM Android App
sri Friday, 30 January 2015 04:33 PM
It is ridiculous !
dcn Friday, 30 January 2015 04:34 PM
Still it is not clear the norms that would be applied in defining mansions age etc. We are sure the FM would pay these taxes if he is liable for same and he should inform the public when he makes the payment to give confidence to them on good governance.
DJ Saturday, 31 January 2015 10:42 AM
There has to be more clarity on this subject as 100 million or 5000 sq ft does not sound right. This tax is good for residents in Colombo but will not work in the rest of the country and is simply not fare
Dan Friday, 30 January 2015 04:39 PM
This is what you call "Illan Kama" .... You all opted for a change and now it is coming your ways thick and fast....
ekada Saturday, 31 January 2015 02:20 AM
They should stop people who have become foreign citizens claiming pensions from Sri Lanka while getting to all the benefits from the foreign country.
Kushini Kullekarandhi Saturday, 31 January 2015 07:51 PM
This is absurd. Anyone who built a house for that much has already paid tax twice, once when he earned the money, and then when he bought the material or on the contract. This is Robin Hood thinking. Just think of some thing and add a tax to that. What about rock tax? If your garden has a rock, yo pay 1 lakh. and Dog tax? if you see a dog, pay tax. And Pen tax? for males only. Hope this government is voted out in April.
Dan Friday, 30 January 2015 04:43 PM
Ha.ha.haaa....change some people wanted is now coming back on them hard..... this is just the beginning.......
akn Friday, 30 January 2015 07:52 PM
Looks like JVP is behind the budget. UNP is seems to be hijacked by JVP.
Nims Saturday, 31 January 2015 03:12 AM
Mate, There is nothing wrong in this. How many in Sri Lanka can afford to have a house worth over 100 millions. You may be one of them to get pissed off like this
Jay Friday, 30 January 2015 08:09 PM
This is a stupid tax, if some one can build a million Rs house he already paid tax on that money he earned, there should not be any extra tax on that, except property tax. If you going to tax all business and owners... they are going to disappear soon ... investors wont come to Srilanka as well ... there are so many countries giving good concessions to create jobs ...
Ryan Friday, 30 January 2015 04:49 PM
Ravi K the ultimate thief of the country
Brav Friday, 30 January 2015 04:49 PM
Ha ha how did Ravi K build a mansion from an accountant salary.
kolannawa kolla Saturday, 31 January 2015 11:31 AM
Come on man, read the news properly, it is if the house worth more than 100 million only, 1 million is not a big money for you if you can build a house at the cost 1000 million. it would be a heavy luxury house.
S.Sriranjan Friday, 30 January 2015 08:35 PM
Very Good Move! Let the Srilankan Survive!
shameer Friday, 30 January 2015 04:56 PM
if you could build a house worth more than 100mn you should be able to absorb this.... or live in a small house like mee..
Observer Saturday, 31 January 2015 04:53 AM
Ravi "has to pay or will he pay"?
Observer Saturday, 31 January 2015 04:54 AM
One of these days they will figure it out!
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