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Tax GPD AI Simplifying Your Tax Compliance with AI Technology

Frequently Asked Questions

The chatbot is designed for individuals, businesses, and organizations in Sri Lanka seeking quick and accurate tax-related information

The assistant can help with:

 

Answering common tax questions.

Explaining tax laws and regulations.

Providing deadlines for filing and payment.

Guiding users on how to file tax returns.

Offering tips to avoid penalties.

Full Site Editing in WordPress allows users to create and edit their website more efficiently and with more control. It enables users to create unique and custom designs withYes, the information is sourced from reliable government and tax authorities in Sri Lanka. However, for complex cases, we recommend consulting a certified tax advisor.

No, the assistant can provide general guidance without requiring personal details. For personalized advice, you may need to share basic information, which will not be stored.

To enable Full Site Editing in WordPress, you need to ensure that you are using a compatible WordPress theme that Yes, the assistant can provide information on personal income tax rates, exemptions, and the filing process for individuals.

Yes, the assistant provides guidance on corporate tax rates, deadlines, and reporting requirements for businesses in Sri Lanka.

Yes Absolutely! The assistant can explain VAT regulations, thresholds, and filing requirements, along with other indirect taxes like PAYE and WHT.

The assistant is regularly updated to reflect changes in Sri Lankan tax laws and regulations, ensuring you always have access to the latest information.

Yes, it offers general tips on deductions, allowances, and exemptions available under Sri Lankan tax law

Yes, the assistant is completely free for users.

Currently, the assistant supports English language. More languages may be added in the future.

Yes, the assistant can provide general guidance for expatriates and non-residents about Sri Lankan tax obligations and regulations

Sri Lanka Tax Calculator 2025/2026 β€” APIT, VAT, Corporate, SSCL, WHT | TaxCalculator.lk
TaxCalculator.lk Y/A 2025/26 Β· Updated May 2025
πŸ†• Updated β€” Y/A 2025 / 2026

Sri Lanka Tax Calculators

12 free tools for residents, businesses & overseas Sri Lankans β€” by GDP Consultants (Chartered Accountants)

12 Calculators APIT Slab Breakdown SSCL & WHT β€” New IT/BPO 15% from Apr 2025 AIT FD 10% from Apr 2025

πŸ“Š APIT / PAYE Income Tax Calculator

Individual income tax with full slab breakdown, EPF deduction & personal relief β€” Y/A 2025/26

Y/A 2025/26
LKR
LKR
LKR
LKR
β„ΉPersonal relief: LKR 1,800,000/year. Employee EPF (8%) is deductible. Qualifying payments (life insurance, etc.) deductible up to β…“ of net employment income.
Tax-free threshold
LKR 1,800,000
Top rate
36%
Monthly threshold
LKR 150,000
Tax bands
6 slabs

🧾 VAT Calculator

Forward & reverse VAT at 18% (standard) or 8% (reduced) β€” Sri Lanka 2025/26

18% Standard
LKR
β„Ή18% VAT on digital services by non-resident providers applies from 1 October 2025. VAT registration threshold: LKR 80Mn/year.

🏒 Corporate Income Tax (CIT)

Sri Lanka CIT rates by business category β€” Y/A 2025/26

Y/A 2025/26
LKR
LKR
⚠IT/BPO corporate tax changed from 0% β†’ 15% effective 1 April 2025. SME rate applies only if turnover ≀ LKR 500Mn.

πŸ’Ό SSCL β€” Social Security Contribution Levy

2.5% on liable turnover exceeding LKR 120Mn per quarter

2.5% Rate
LKR
LKR
β„ΉSSCL threshold: LKR 120Mn per quarter. Exempt: export of goods & services, financial services, supply of electricity & water, betting & gaming turnover. SSCL is not deductible for income tax.
⚠SSCL is levied on turnover, not profit β€” it applies even if the business is making a loss.

πŸ”’ Withholding Tax (WHT) Calculator

WHT on service fees, interest, rent & royalties β€” residents & non-residents

Y/A 2025/26
LKR
%
β„ΉWHT must be remitted to IRD by the 15th of the following month. Issue a WHT certificate (T10) to the payee. Failure to withhold makes the payer liable for the tax.

πŸ’° Dividend Tax Calculator

Actual dividends, deemed dividends & shareholder net receipt after WHT

14% WHT
LKR
%
#
β„ΉDividend WHT: 14% withheld at source. For resident shareholders, this is a final withholding β€” no further income tax return needed on dividends.

🏠 Rental Income Tax Calculator

Net rental income after deductible expenses β†’ APIT liability

Y/A 2025/26
LKR/mo
LKR/mo
β„ΉDeductible: repairs & maintenance, rates & taxes, insurance, mortgage interest (not capital repayments). Capital improvements are not deductible.

πŸ“ˆ Capital Gains Tax (CGT)

10% CGT on disposal of investment assets β€” exemptions checked automatically

10% CGT
LKR
LKR
LKR
β„ΉCGT applies at 10% on the net capital gain. Losses can offset gains in the same Y/A but cannot be carried forward.

πŸ“‹ Stamp Duty Calculator

Property transfers, lease agreements (updated Jan 2025), mortgages & gifts

Jan 2025
LKR
β„ΉProperty transfers use tiered rates: 3% up to LKR 1Mn Β· 4% on LKR 1–4Mn Β· 5% above LKR 4Mn

πŸš— Vehicle Import Duty Calculator

Customs, excise, port levy & VAT β€” total estimated landed cost

Estimate
LKR
cc
⚠Estimate only β€” actual duties vary by HS code & gazette. Verify with Sri Lanka Customs (customs.gov.lk) before importing.

🏦 Fixed Deposit β€” AIT Calculator

AIT withheld on FD interest β€” updated to 10% from 1 April 2025

AIT 10% β€” Apr 2025
LKR
%
months
⚠AIT on FD interest increased from 5% β†’ 10% for residents from 1 April 2025. AIT is a final withholding β€” no return needed if FD is your only income.

πŸ‘· EPF / ETF Calculator

Employee (8%) + Employer EPF (12%) + ETF (3%) β€” monthly contribution breakdown

Statutory Rates
LKR/mo
LKR/mo
β„ΉOvertime payments and performance bonuses are excluded from the EPF/ETF contribution base. Contributions are due by the last working day of the following month.

Tailored Solutions for Your Needs.

Business Owners & Founders

β€œWe Handle Finance. You Focus on Growth.”
Who This Is For
Business owners who are great at selling, managing teams, and growing but don’t want to deal with accounting, tax, or compliance.

.

E-Commerce & Online Businesses

β€œKnow Your Real Profitβ€”Not Just Sales.”
Who This Is For
Online sellers, digital stores, and marketplace businesses.

Freelancers & Solopreneurs

β€œEarn More. Pay Less Tax. Stay Compliant.”
Who This Is For
Freelancers, consultants, creators, and independent professionals.

 Startups & Entrepreneurs

β€œInvestor-Ready Finance From Day One.”
Who This Is For
Startups, early-stage founders, and growing companies who need clean, scalable financial systems.

.

BPO Services |Virtual CFO Services

β€œA Full Finance Teamβ€”Without the Overhead.”
Who This Is For
Growing SMEs that need professional finance support but don’t want in-house costs.

Business Operations & Automation

β€œSmarter Systems. Less Manual Work.”
Who This Is For
Businesses tired of manual processes and inefficiencies.

GDP Consultants β€” Book a Consultation

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Chartered Accountants Β· Tax Advisors Β· Strategy

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Accounting Applications we are working with

Thushara KRC profile picture
Thushara KRC

3 months ago

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Vaani Sakunthala

3 months ago

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Anura Serasingha

4 months ago

Jemish Jeyanthan profile picture
Jemish Jeyanthan

6 months ago

Musa saleman Chavada profile picture
Musa saleman Chavada

7 months ago

Kuruppu Thushara profile picture
Kuruppu Thushara

8 months ago

Fast & excellent service & highly recommended.

Thuvindu profile picture
Thuvindu

9 months ago

Friendly service. Mr.Lal Kumarasiri

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