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.
Self-employed people and freelancers pay in four instalments.
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.
Bilingual LKR invoices with VAT/SSCL, bank details, PDF download and WhatsApp share.
Trilingual business cards with a QR contact code, PNG download, .vcf file and WhatsApp share.
Materials + labor + overhead → unit cost and selling price for multiple products.
Questions
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.
Every resident (and non-resident citizen) gets Rs. 1,800,000 a year tax-free. Only the income above that is taxed, in the slabs shown in the breakdown.
Yes. Gains from selling investment assets are taxed at 10%, income from betting, liquor and tobacco businesses at 45%, and foreign-currency income sent through a bank at a maximum of 15%. This tool covers ordinary income only.
100% free · No sign-up · Works offline · Private by design