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TOTAL TAX LIABILITY FOR A YEAR
- Total Tax Liability
- 0.00 LKR
CALCULATIONS
- Total Income
- 0.00 LKR
- Total Qualifying payments
- LKR
- Total Taxable Income
- 0.00 LKR
- Total Tax Liability
- 0.00 LKR
Income Tax Details
Tax Details
| Employment Income | 0.00 LKR | |
|---|---|---|
| Salary Income | 0.00 LKR | |
| Other Employment Income | 0.00 LKR |
| Investment Income | 0.00 LKR | |
|---|---|---|
| Interest Income | 0.00 LKR | |
| Dividend Income | 0.00 LKR | |
| Retal Income | 0.00 LKR |
| Business Income | 0.00 LKR |
|---|
| Other Income | 0.00 LKR | |
|---|---|---|
| Rent Income | 0.00 LKR | |
| Consultation Income | 0.00 LKR |
| Total Qualifying Payments | LKR |
|---|
Tax Details
| 01 | Total Income | 0.00 LKR |
|---|---|---|
| 02 | Total Qualifying payments "Max upto 1.2M" | 0.00 LKR |
| 03 | Total Taxable Income | 0.00 LKR |
| 04 | Total tax liability (31/12/2023 - 31/12/2024) | 0.00 LKR |
| TOTAL TAX LIABILITY FOR A YEAR | 0.00 LKR |
|---|
Terms and Conditions
- This calculator could be used to calculate personal income tax payable by a resident for financial year (Y/A) 2023/24 and 2024/25 only and for illustrative purposes.
- Relevant income from employment, investment, business and others should be computed in accordance with the provisions of the Inland Revenue Act No. 24 of 2017 and amendments thereto.
- The calculator is based on the Inland Revenue Act No. 24 of 2017 and amendments thereto.
- The information returned on this website in response to your query is only intended to give you a general overview, and in no way constitute advice. The actual tax payable by you or deduction available to you (if any) will depend on your personal circumstances and, as such, you are responsible for ensuring by independent verification its accuracy or completeness. You should seek professional tax advice from a qualified person.
- For more details contact your tax consultant or follow the guide provided by the Department of Inland Revenue.
Terms and Conditions
- This calculator could be used to calculate personal income tax payable by a resident for financial year (Y/A) 2023/24 and 2024/25 only and for illustrative purposes.
- Relevant income from employment, investment, business and others should be computed in accordance with the provisions of the Inland Revenue Act No. 24 of 2017 and amendments thereto.
- The calculator is based on the Inland Revenue Act No. 24 of 2017 and amendments thereto.
- The information returned on this website in response to your query is only intended to give you a general overview, and in no way constitute advice. The actual tax payable by you or deduction available to you (if any) will depend on your personal circumstances and, as such, you are responsible for ensuring by independent verification its accuracy or completeness. You should seek professional tax advice from a qualified person.
- For more details contact your tax consultant or follow the guide provided by the Department of Inland Revenue.
- Personal relief: 1,200,000
- Tax on terminal benefits are not covered.
- Tax slabs & rates
| Tax Slabs | Rate |
|---|---|
| 1,200,000 | 0% |
| 500,000 | 6% |
| 500,000 | 12% |
| 500,000 | 18% |
| 500,000 | 24% |
| 500,000 | 30% |
| Balance | 36% |
