Sri Lanka
Sources and data for Sri Lanka
Every value the calculators use, with its effective dates and a link to the official source.
APIT Tax Table No. 01: monthly regular profits from primary employment
- Current value
Table with 6 brackets
Rs. 0 / Rs. 150,000 0% Rs. 150,000 / Rs. 233,333 6% Rs. 233,333 / Rs. 275,000 18% 4,999.94 Rs. 275,000 / Rs. 316,667 24% 12,500.00 Rs. 316,667 / Rs. 358,333 30% 22,500.10 Rs. 358,333 + 36% 34,999.88 - From
- April 1, 2025
- Checked on
- October 26, 2026
APIT Tax Table No. 04.1: monthly regular profits of non-resident, non-citizen employees
- Current value
Table with 5 brackets
Rs. 0 / Rs. 83,333 6% Rs. 83,333 / Rs. 125,000 18% 4,999.94 Rs. 125,000 / Rs. 166,667 24% 12,500.00 Rs. 166,667 / Rs. 208,333 30% 22,500.10 Rs. 208,333 + 36% 34,999.88 - From
- April 1, 2025
- Checked on
- October 26, 2026
Income tax rates for individuals on taxable income (after personal relief)
- Current value
Table with 5 brackets
Rs. 0 / Rs. 1,000,000 6% Rs. 1,000,000 / Rs. 1,500,000 18% 60,000.00 Rs. 1,500,000 / Rs. 2,000,000 24% 150,000.00 Rs. 2,000,000 / Rs. 2,500,000 30% 270,000.00 Rs. 2,500,000 + 36% 420,000.00 - From
- April 1, 2025
- Checked on
- October 26, 2026
Personal relief for a year of assessment
- Current value
- Rs. 1,800,000
- From
- April 1, 2025
- Checked on
- October 26, 2026
Tax rates on retiring gratuity, commuted pension, ETF at retirement and compensation for loss of employment
- Current value
Table with 3 brackets
Rs. 0 / Rs. 10,000,000 0% Rs. 10,000,000 / Rs. 20,000,000 6% Rs. 20,000,000 + 12% 600,000.00 - From
- January 1, 2020
- Checked on
- October 26, 2026
Terminal benefits: total above which the employer and the ETF retain tax
- Current value
- Rs. 5,000,000
- From
- April 1, 2025
- Checked on
- October 26, 2026
Terminal benefits: share of the excess the employer and the ETF retain
- Current value
- 12%
- From
- April 1, 2025
- Checked on
- October 26, 2026
Tax rate on gains from the realisation of investment assets (individuals)
- Current value
- 15%
- From
- June 3, 2026
- Checked on
- October 26, 2026
Advance income tax withheld on interest or discount
- Current value
- 10%
- From
- April 1, 2025
- Checked on
- October 26, 2026
Advance income tax withheld on dividends
- Current value
- 15%
- From
- December 19, 2022
- Checked on
- October 26, 2026
Advance income tax withheld on rent paid to a resident when monthly rent exceeds the limit
- Current value
- 10%
- From
- October 1, 2023
- Checked on
- October 26, 2026
Monthly rent up to which no advance income tax is withheld
- Current value
- Rs. 100,000
- From
- October 1, 2023
- Checked on
- October 26, 2026
Maximum rate on foreign currency service income and foreign source income remitted through a bank
- Current value
- 15%
- From
- April 1, 2025
- Checked on
- October 26, 2026
Stamp duty for every Rs. 1,000 or part of it, by instrument
- Current value
- Lease or hire of any property (aggregate rent) Rs. 20
- Hire purchase agreement (aggregate amount payable) Rs. 10
- Bond or mortgage for a definite sum Rs. 1
- Promissory note Rs. 1
- Policy of insurance Rs. 1
- Credit card transactions in foreign countries Rs. 25
- From
- January 1, 2024
- Checked on
- October 26, 2026
Stamp duty on a lease: years of rent counted at most
- Current value
- 20 years
- From
- January 1, 2024
- Checked on
- October 26, 2026
VAT standard rate
- Current value
- 18%
- From
- January 1, 2024
- Checked on
- October 26, 2026
VAT registration threshold for 12 months
- Current value
- Rs. 60,000,000
- From
- January 1, 2024
- Checked on
- October 26, 2026
VAT registration threshold for a quarter
- Current value
- Rs. 15,000,000
- From
- January 1, 2024
- Checked on
- October 26, 2026
Social Security Contribution Levy rate
- Current value
- 2.5%
- From
- October 1, 2022
- Checked on
- October 26, 2026
Share of turnover liable to SSCL by activity
- Current value
- Importing goods 100%
- Manufacturing goods 85%
- Providing a service (other than financial services and land) 100%
- Registered distributor of a Sri Lankan manufacturer 25%
- Wholesale or retail sale 50%
- From
- October 1, 2022
- Checked on
- October 26, 2026
SSCL threshold: turnover for a quarter
- Current value
- Rs. 15,000,000
- From
- January 1, 2024
- Checked on
- October 26, 2026
SSCL threshold: turnover for four consecutive quarters
- Current value
- Rs. 60,000,000
- From
- January 1, 2024
- Checked on
- October 26, 2026
EPF: minimum employee contribution
- Current value
- 8%
- From
- January 1, 2024
- Checked on
- October 26, 2026
EPF: minimum employer contribution
- Current value
- 12%
- From
- January 1, 2024
- Checked on
- October 26, 2026
EPF: share of the balance a member can withdraw for housing or medical treatment
- Current value
- 30%
- From
- January 1, 2015
- Checked on
- October 26, 2026
EPF: most a member can withdraw for housing or medical treatment
- Current value
- Rs. 2,000,000
- From
- January 1, 2015
- Checked on
- October 26, 2026
EPF: balance a member needs to exceed to withdraw
- Current value
- Rs. 300,000
- From
- January 1, 2015
- Checked on
- October 26, 2026
EPF: years of service a member needs to exceed to withdraw
- Current value
- 10 years
- From
- January 1, 2015
- Checked on
- October 26, 2026
ETF: employer contribution
- Current value
- 3%
- From
- January 1, 2024
- Checked on
- October 26, 2026
National minimum monthly wage
- Current value
- Rs. 30,000
- From
- January 1, 2026
- Source
- Department of LabourNotice on the National Minimum Wage of Workers (Amendment) Act, No. 11 of 2025
- Checked on
- October 26, 2026
National minimum daily wage
- Current value
- Rs. 1,200
- From
- January 1, 2026
- Source
- Department of LabourNotice on the National Minimum Wage of Workers (Amendment) Act, No. 11 of 2025
- Checked on
- October 26, 2026
Gratuity: months of salary for each completed year of service
No verified figure for today
Gratuity: completed years of service needed
No verified figure for today
Overtime: multiple of the normal hourly rate
No verified figure for today
Overtime: hours a monthly salary is divided by to get the hourly rate
No verified figure for today
Values that update automatically
Indicative rate of the USD/LKR spot exchange rate (rupees per US dollar)
- Current value
- No verified figure for today