Self-Employed & Freelancer Tax

Income Tax Estimator

Annual income tax for a self-employed person or freelancer. If your employer deducts APIT from your salary, that is already handled — this is for people who file their own annual return.

Rs. 222,000
Tax for the year
Rs. 55,500
Pay each quarter

Self-employed people and freelancers pay in four instalments.

How the tax was worked out
Total incomeRs. 3,600,000
Personal relief− Rs. 1,800,000
Taxable incomeRs. 1,800,000
First 1,000,000 at 6%Rs. 60,000
Next 500,000 at 18%Rs. 90,000
Next 500,000 at 24%Rs. 72,000
Next 500,000 at 30%—
Above 2,500,000 at 36%—
Tax for the yearRs. 222,000
Each quarterly instalmentRs. 55,500

This is an estimate for ordinary income only. Other reliefs and deductions (rent relief, solar relief, qualifying payments) are not included, and special rates for some kinds of income are not covered. Check with the IRD or your accountant for your exact position.

IRD Tax Chart, Year of Assessment 2025/2026 (ird.gov.lk). Personal relief Rs. 1,800,000 a year; tax on the income after relief at 6%, 18%, 24%, 30% and 36%. Quarterly instalments are one quarter of the annual tax.

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If you are on a salary and your employer deducts APIT every month, your tax is already handled — use the payroll calculator to check it. This tool is for self-employed people and freelancers who file their own annual return and pay in quarterly instalments.

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