TaxWise
For doctors — GPs & consultants

Tax for doctors in Sri Lanka

A government salary, channelling or clinic practice, a dispensary, rental and investment income beside it — reconciled cleanly into one IRD-ready return. TaxWise consolidates every fee and dispensary month, offsets every WHT credit, and tracks your SET quarterly installments, so nothing your once-a-year filing can't see slips through. Keep your accountant; get your own year-round view.

Pro, for doctors: Rs. 17,800 Rs. 8,900/year during launch — less than one channelling session.

Do doctors pay income tax in Sri Lanka?

Yes. Every doctor pays Individual Income Tax (IIT) on total income for the year — a hospital or government salary, channelling and consultation fees, dispensary or pharmacy earnings, locum work, rent and investments. A salaried post has APIT deducted at source, but private-practice income is self-declared. TaxWise consolidates all of it, credits the WHT already withheld, tracks your SET quarterly installments, and produces one IRD-ready return for Y/A 2025/2026.

Built for both

Whichever kind of practice you run.

Consultant or GP, the tax problem is the same shape: income the APIT on your salary never touched.

Consultants & specialists

Channelling across several hospitals, plus a government or teaching-hospital post.

  • Government / hospital salary (APIT)
  • Channelling fees — Hospital A, B, C…
  • Consultation & procedure income
  • Rent, dividends & FD interest
GPs & family physicians

A private practice or clinic, often with a dispensary or pharmacy alongside it.

  • Private practice / clinic fees
  • Dispensary or pharmacy sales (business)
  • Locum & visiting-medical-officer sessions
  • Government OPD salary (APIT), if any
Why a doctor's tax is different

Four gaps a once-a-year filing can't see.

Practice income, everywhere

Channelling across hospitals, or clinic and dispensary takings — self-declared, on different statements, reconciled by nobody until filing season. That's where IRD looks hardest.

WHT credits that leak

Hospitals deduct 5% on your fees; banks deduct on interest. Miss a credit and you overpay your own money. TaxWise captures every deduction and offsets it against your liability.

APIT covers the salary — not the rest

A government or OPD salary has APIT deducted at source, so it feels handled. Channelling, clinic and dispensary income does not — and that is the taxable gap you carry alone.

SET & quarterly installments

Non-PAYE professional and business income triggers a Statement of Estimated Tax and quarterly payments. Underpay or miss a date and the penalty is automatic.

Your whole picture

Every income stream, one correct return.

Fees and dispensary takings are taxed differently — TaxWise reconciles both into IRD-ready IIT schedules.

Income sourceTypeHow TaxWise handles it
Government / hospital / OPD salaryEmploymentAPIT already deducted — credited automatically
Channelling & consultation feesProfessionalConsolidated across hospitals; 5% WHT offset as a credit
Locum & visiting-MO sessionsProfessionalAdded to your fee income, taxed at your marginal rate
Dispensary / pharmacy salesBusinessTrading profit: sales minus cost of stock & running costs
Rental propertyRental25% statutory relief applied
FD interest & share dividendsInvestmentBank WHT captured; final-tax treatment handled
You already have an advisor

Keep your accountant. Get your own view.

TaxWise isn't a replacement — it's the dashboard you've never had between filings.

Your accountant files

They prepare and sign off the annual return, as they always have. Nothing about that changes.

TaxWise gives you the view

Between filings, you see your live position — every fee, every dispensary month, every credit, what you'll actually owe. No year-end surprise.

Nothing slips through

A once-a-year filing can't catch a WHT credit deducted eight months ago. A running record can.

The dates that define your year

Your SET schedule, tracked for you.

TaxWise estimates each quarterly installment from your live practice income — and reminds you before it's due.

Aug 15
Q1 instalment
25% of estimated annual liability
Nov 15
Q2 instalment
Re-estimated on first-half actuals
Feb 15
Q3 instalment
Nine-month reconciliation
May 15
Q4 instalment
Final installment; estimate vs. actual
Nov 30
Annual return
File the full return for Y/A 2025/2026
Doctors & tax — the common questions

Straight answers, current for 2025/2026.

Yes. Doctors pay Individual Income Tax (IIT) on their total income for the year — a hospital or government salary, channelling and consultation fees, dispensary or pharmacy earnings, locum work, rent and investments. A salaried post has APIT deducted at source, but private-practice income is self-declared in your annual IIT return.
AES-256 encryptionNever sold, never used to train AIExport or delete your data anytime

Get filing-ready
for 2025/2026.

Create your free account and prepare your return in under twenty minutes. No credit card required.

Start filing
AES-256 encrypted
Never soldNever used to train AIYours to export or delete
Filing opens Apr 2026 · Final return for Y/A 2025/2026 due 30 Nov 2026.