Sri Lanka - Tax Calculator (2025/26)

Local Income / Foreign Income - Personal Tax File

Welcome to the Sri Lanka Tax Calculator for the 2025/26 tax year. This calculator allows you to calculate your personal tax liability based on your local and foreign income. You will be able to input values for your local income, foreign income, interest income, and other sources of income. Additionally, you can enter details for withholding tax (WHT) and Payee tax deducted at source. The tax is calculated based on progressive tax brackets for both local and foreign income. Please ensure you input accurate figures to get an accurate tax calculation.

This tax calculator applies different tax brackets for local and foreign income. Below are the details of the tax rates:

Local Income Tax Brackets:

The first Rs. 1,000,000 is taxed at 6%.
The next Rs. 500,000 is taxed at 18%.
The next Rs. 500,000 is taxed at 24%.
The next Rs. 500,000 is taxed at 30%.
Any remaining income beyond Rs. 2.5 million is taxed at 36%.

Foreign Income Tax Brackets:

The first Rs. 1,000,000 is taxed at 6%.
Any income beyond Rs. 1,000,000 is taxed at 15%.

Exempt Amount:

The first Rs. 1,800,000 of total income is exempt from tax.

After applying the exempt amount, the total taxable income is used to calculate the applicable tax based on the respective tax brackets.

In Sri Lanka, taxpayers can enjoy various deductions to reduce their overall tax liability. The Sri Lanka Tax Calculator (2025/26) allows individuals to deduct 25% from their rent income, making it easier for property owners to manage tax payments. Additionally, those who have made solar installment payments can claim a deduction of Rs. 600,000 per year, further lowering their taxable income. These valuable deductions, combined with the tax brackets that progressively tax income, help ensure that individuals can benefit from a fair and manageable tax system. This tax calculator helps you accurately calculate your tax liability, factoring in deductions for rental income and solar installments, offering a detailed breakdown of the tax due.

Tax Calculator 2025/26

Enter Your Annual Local Income:

Enter Your Annual Foreign Income:

Enter Interest Income:

Enter Other Income:

Enter Withholding Tax (WHT) Deducted:

Enter Payee Tax Deducted:

Enter Solar Installment Deduction:

Tax Summary 2025/26

Annual Local Income: Your total income earned within the country.
Annual Foreign Income: Income earned from foreign sources outside the country.
Interest Income: Income earned through interest on savings, investments, etc.
Other Income: Any additional sources of income that don't fall under the above categories.
Withholding Tax (WHT) Deducted: Tax amount that has already been deducted from your income by employers or other sources.
Payee Tax Deducted: Tax deducted at source from your earnings by the payer.
Solar Installment Deduction: Tax deduction available for individuals who have made solar installment payments, reducing taxable income.