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Y/A 2025/2026Exit

Income tax for professionals in Sri Lanka — Y/A 2025/2026

Whatever mix of salary, self-employment, rent and investment income your year actually contained. Pick your sources and work out which schedules you file and what falls due.

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Common questions

Who has to file an income tax return in Sri Lanka?
Anyone with assessable income above the Rs. 1,800,000 personal relief, anyone with more than one income source, and anyone who wants to reclaim APIT or AIT withheld in excess of their liability.
When is the Y/A 2025/2026 return due?
The return is due on or before 30 November 2026, covering 1 April 2025 to 31 March 2026. Note that the balance payment falls earlier, on 30 September 2026 — you pay before you file. Late filing carries a penalty of Rs. 50,000 plus Rs. 10,000 a month.
What are the slab rates for Y/A 2025/2026?
After the Rs. 1,800,000 personal relief: 6% on the first Rs. 1,000,000 of taxable income, then 18%, 24% and 30% on successive Rs. 500,000 bands, and 36% on the balance.

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