TaxWise
Start filing
Calculators

Gratuity & ETF Tax Calculator Sri Lanka

Stepped concessionary rates on terminal benefits. For employees leaving service.

All calculators
On exit

Reflects Year of Assessment 2025/2026 · Last updated 2026-06-13 · Reviewed by TaxWise · Source: Inland Revenue Act No. 24 of 2017, Inland Revenue Department

Calculator
ETF / gratuity / terminal benefits
Concessionary 0% / 6% / 12% bands on cumulative Rs. 10M + 10M + balance.
Payment amount (LKR)Rs. 2,500,000
Rs. 0Rs. 50,000,000
Result
Rs.0
Concessionary slabs (803a/b/c)
803a (0% band)Rs. 2,500,000 → tax Rs. 0
803b (6% band)Rs. 0 → tax Rs. 0
803c (12% band)Rs. 0 → tax Rs. 0

Estimator only

One payment, one routing path. No multi-payment cumulative slabs.

Join the waitlist
Slabs: first Rs. 10,000,000 @ 0%, next Rs. 10M @ 6%, balance @ 12%.
Full experience

Prepare terminal benefits on Schedule 8

Gratuity, ETF, and pension commutation routed through 803a/b/c with CGIR flags preserved.

  • Split concessionary, progressive, and exempt portions per kind
  • Cumulative 0% / 6% / 12% bands across all TB payments in the Y/A
  • Annexure 2c exempt portions for approved schemes
Join the waitlist

Already on the waitlist? Sign in

Filing opens Apr 2026 · Y/A 2025/2026 return due 30 Nov 2026

Frequently asked questions

How is gratuity taxed in Sri Lanka?
On concessionary bands: the first Rs. 10,000,000 at 0%, the next Rs. 10,000,000 at 6%, and the balance at 12% — well below the 36% top rate.
Are EPF/ETF withdrawals taxed?
Approved-fund payments are generally exempt; unapproved schemes fall to normal progressive rates. Confirm your fund's approved status.

Related calculators

PAYE / APIT

Compute monthly APIT for a salary, plus one-off bonus / lump-sum withholding (APIT Table 2). For employers and employees double-checking the payslip.

Income tax (IIT)

Estimate your annual liability across salary, freelance, interest and investment income — with 2025/2026 reliefs applied.

Estimator disclaimer

Results 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 filed return counts with IRD.