Income tax for software engineers in Sri Lanka — Y/A 2025/2026
A local tech salary under APIT, overseas contract work remitted through your bank, and FD interest your bank has already taxed at 10%. Work out which schedules you file and what is actually left to pay.
Identify your tax profile
What did you earn this year?
Pre-filled for your profession — add what applies, skip what doesn't.
Pre-selected for Software engineer / IT — add or remove anything that doesn't match your year.
3 of 6 selected
Common questions
- Do I pay tax again on foreign client payments remitted to Sri Lanka?
- Service income earned abroad and remitted through a Sri Lankan bank is charged at a maximum rate of 15%. It is a ceiling, not a flat charge — if your marginal rate on that slice is below 15% you pay the lower amount. It is not a second charge on top of tax paid abroad.
- My employer already deducts APIT. Do I still file a return?
- Yes, if you have any income beyond that salary — bank interest, overseas contracts, dividends. APIT is a credit against your final bill, not a substitute for the return. Filing is how you claim it back.
- Is the 10% my bank withholds on FD interest the end of it?
- No. Interest AIT is withheld at 10% but is not a final tax. It is credited against your total liability when you file, and if it exceeds what you owe the balance is refundable.
Work out a single figure instead
Income tax (IIT)
Estimate your annual liability across salary, freelance, interest and investment income — with 2025/2026 reliefs applied.
Foreign income & DTA
Convert foreign-currency receipts at CBSL rates and apply the right tax credit under the Sri Lanka–UK / US / Singapore DTAs.
Bank interest & AIT
10% Advance Income Tax withheld on deposit interest — creditable against your return, not a final tax.