Last Updated: May 2025
If you’re wondering how to file your income tax return in Sri Lanka for the 2024/2025 year, you’re not alone. Whether you’re a salaried employee, freelancer, or business owner, the process can feel confusing — especially with recent updates from the Inland Revenue Department (IRD).
In this guide, we walk you through the full process, step by step.
✅ Who Needs to File a Tax Return in Sri Lanka?
You must file a tax return if you meet any of the following:
- Your annual income exceeds Rs. 1,200,000
- You are self-employed or a freelancer
- You receive rental, investment, or foreign income
- You operate a business or company
- You are a partnership owner or director
📅 When is the Deadline to File?
| Tax Year | Filing Deadline |
|---|---|
| 2024/2025 | 30th November 2025 (usually extended if weekends/holidays apply) |
🧾 Documents You’ll Need
Before you start, gather:
- TIN (Taxpayer Identification Number)
- Payslips or salary statements (for employees)
- Business income and expenses (for self-employed)
- Bank statements
- Details of rent, interest, or dividends
- Tax deductions or reliefs claimed
🖥️ How to File Your Tax Return Online (Via e-Services)
The IRD now encourages all taxpayers to use its online portal.
Step 1: Register for e-Services
- Visit https://eservices.ird.gov.lk
- Create an account using your TIN
- Confirm your identity via NIC or business registration
Step 2: Log in and Choose “File Return”
- Select the applicable assessment year: 2024/2025
- Choose the tax type: Income Tax – Individual or Business
Step 3: Fill Out the Online Return Form
- Report all sources of income: salary, rent, freelance, etc.
- Input allowable deductions: medical, pension, donations
- Upload supporting documents (if requested)
Step 4: Submit and Save Acknowledgment
- Double-check your entries
- Submit and download the confirmation PDF
- You can pay your tax due via online bank transfer or card
💡 Tax Calculator for Sri Lanka 2025
To simplify your tax filing, try our free online tool:
👉 Sri Lanka Income Tax Calculator 2024/2025
It automatically calculates:
- PAYE
- Taxable income
- Deductions
- Final tax payable or refund
🧾 What Happens After Filing?
- You’ll receive an acknowledgment number
- The IRD may contact you for clarification or audit
- If you’re due a refund, you can claim it through the same portal
❓ Frequently Asked Questions (FAQs)
Q: Do employees still need to file returns if tax is deducted (PAYE)?
A: Yes, if your income exceeds the threshold or if you have other income.
Q: What are the penalties for late filing?
A: A penalty of Rs. 50,000 or more may apply for late or non-filing.
Q: Can I file through a tax consultant?
A: Yes. Many individuals use registered accountants for help.
🔚 Final Tips
- File early to avoid last-minute stress
- Use our calculator to estimate your tax ahead of time
- Keep your documents organized for 5 years, in case of IRD audit
If you need personalized help or want us to handle your filing, contact us here.
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