Official Banking Channel: Qualifying foreign-source or exported-service income has a 15% maximum rate when received in foreign currency and remitted through a bank to Sri Lanka.
Unofficial Channels: Up to 36% tax rate may apply when income is not remitted through authorized banking channels.
Converted Monthly Income (LKR)
Current Exchange Rate: 1 USD = 300 LKR
Rs. 0.00
Monthly Income (LKR)
Rs. 0.00
Monthly Tax Payable (LKR)
Rs. 0.00
Effective Tax Rate: 0%
Annual Income (LKR)
Rs. 0.00
Annual Tax Liability (LKR)
Rs. 0.00
| Monthly Income Bracket | Tax Rate | Tax Amount |
|---|---|---|
| First 150,000 LKR | Tax-Free | Rs. 0.00 |
| Next 83,333 LKR | 6% | Rs. 0.00 |
| Balance Amount | 15% | Rs. 0.00 |
| Total Monthly Tax | 0% | Rs. 0.00 |
DISCLAIMER:
This estimate assumes you qualify for the full personal relief, have no other taxable income, and the foreign income meets the remittance conditions. It uses the rates effective from 1 April 2025 and was reviewed on 2 September 2026 against the IRD tax chart and Inland Revenue (Amendment) Act No. 2 of 2025. Tax laws and individual circumstances vary, so confirm the result with the IRD or a qualified tax professional.
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