What are the income tax rates in Sri Lanka for 2025/2026?

After relief, income is taxed on progressive bands from 6% up to 36%. The former 12% band was removed effective 1 April 2025.

How does income taxation in Sri Lanka work?

Personal taxation in Sri Lanka is progressive and self-assessed. You total your assessable income for the Year of Assessment, subtract the Rs. 1,800,000 personal relief and any qualifying payments, then apply the 6%–36% bands. Tax already withheld — APIT on salary, WHT on interest, rent and dividends — is credited against the result. This calculator runs those steps for a quick estimate.

Sri Lanka Income Tax Calculator 2025/2026 (Free)

Reflects Y/A 2025/2026Reviewed by TaxWiseLast updated 13 June 2026Source: Inland Revenue Act No. 24 of 2017, Inland Revenue (Amendment) Act No. 02 of 2025, Inland Revenue Department

Your year

Annual salaryBefore APIT

= Rs 350,000 a month

Freelance, fees or business profitFor the year

Leave at 0 if you only earn a salary

Bank and FD interestFor the year, before AIT

Your bank already kept Rs 30,000 (10% AIT). It counts back.

Deductions · reliefs you can claim

Switch on what applies. Each one comes off before the slabs start.

Left to pay for the year

Rs 462,000

10.9% of your income goes to tax

Rs 38,500 a month

You keep 4MAlready kept by bank 30kStill to pay 462k

Assessable incomeRs 4,500,000

Personal relief− Rs 1,800,000

Taxable incomeRs 2,700,000

Income tax on the slabsRs 492,000

Less AIT your bank already kept− Rs 30,000

Left to payRs 462,000

Tax · slab by slab

6%Rs 60,000

18%Rs 90,000

24%Rs 120,000

30%Rs 150,000

36%Rs 72,000

Worked out with the TaxWise engine. Ignores APIT your employer already took and WHT on rent or fees; the full return credits those.

This is one piece of your return. See which schedules you file, which reliefs apply, and what the whole year comes to.

See your full profile

Sri Lanka 2025/2026 income tax slabs

On taxable income, after the Rs 1,800,000 personal relief. Your highest rupee lands in the 36% slab.

Income tax slabs for Y/A 2025/2026
Taxable income band	Rate	Tax on band	Running total
First Rs 1,000,000	6%	Rs 60,000	Rs 60,000
Next Rs 500,000	18%	Rs 90,000	Rs 150,000
Next Rs 500,000	24%	Rs 120,000	Rs 270,000
Next Rs 500,000	30%	Rs 150,000	Rs 420,000
Above Rs 2,500,000 ← your top rupee	36%	36% of the rest	Rs 420,000 + 36%

Filing open now

Turn this estimate into IRD-ready schedules

Import salary, rent, dividends, and gains — TaxWise runs the same engine cage-by-cage and exports schedules for your IRD submission. You submit on the IRD e-Filing portal.

Start my returnReturn for Y/A 2025/2026 due 30 November 2026

In TaxWise

Aggregate every income type with PAYE, WHT, and APIT credits applied
Schedule 8 special rates, solar QP, and rent relief traced to each cage
Export Y/A 2025/2026 schedules and follow the IRD filing checklist

This calculator: One blended number. No Schedule 8 lanes, WHT matching, or return PDF.

Frequently asked questions

Rs. 1,800,000 per year (the personal relief). Taxable income is what remains after relief and qualifying deductions, floored at zero.

PAYE / APIT Capital gains Rent income All 12 calculators →

Estimator disclaimerResults follow the Inland Revenue Act and the 2025 Amendment for Y/A 2025/2026 but are not tax advice. Rounding, missing inputs and simplified assumptions can change the final figure. Only a return you submit to the IRD counts.