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Freelance & USD Salary Tax Calculator Sri Lanka 2026

Calculate your Sri Lanka tax obligations on foreign currency freelance earnings, remote IT contracts, and offshore consultancy. Check your 0% tax exemption qualification under the Inland Revenue Act.

Foreign Earnings & Export Services

Remote workers, IT consultants & freelance export tax calculator

Rs.
≈ LKR 610,000.00
$
$100$10,000$20,000

Popular Consulting Presets:

Net Retained Income (Monthly)
After Tax & Expenses
$1,798.36≈ LKR 548,500.00

Annual Retained Equivalent: $21,580.33 (LKR 6,582,000.00)

Gross Invoiced
USD
$2,000.00

LKR 610,000.00

Tax Payable
10.08% Eff.
$201.64

LKR 61,500.00

Total Deductions
Tax + Exp.
$201.64

LKR 61,500.00

Foreign Income Tax Breakdown (Monthly)

Export of Services: 15% Capped Concessionary Rate (Inland Revenue Act)

Relief: LKR 150,000.00 (0% Tax)
Bracket / DescriptionRateTaxable (USD)Taxable (LKR)Tax Charged (LKR)
Personal Relief (Tax-Free)
Up to LKR 1.8M/year is 100% tax-free under personal relief
0%$491.80LKR 150,000.00LKR 0.00
First LKR 1,000,000 (6%)
6% tax on assessable earnings between LKR 1.8M - 2.8M
6%$273.22LKR 83,333.33LKR 5,000.00
Balance above LKR 2.8M (15% Capped)
Capped 15% concessionary rate for foreign services remitted via bank
15%$1,234.97LKR 376,666.67LKR 56,500.00
Total Foreign Income Tax Payable (Monthly):LKR 61,500.00 ($201.64)

Disclaimer: Estimates are based on the Inland Revenue (Amendment) Act No. 2 of 2025. Consult a certified Sri Lankan Chartered Accountant or the Inland Revenue Department (IRD) for formal tax filings.

Smart Financial PlanningBased on LKR 350,000/mo

What Can Your Salary Afford?

See how much car lease installment and housing loan you qualify for using CBSL bank approval ratios (DSR).

Vehicle LeaseHousing LoanBoth (Combined)
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Salary Distribution

Take-home vs Deductions

Gross PayLKR 350,000.00
Take-Home90.7%
Net Take-Home Pay90.7% of gross
LKR 317,500.00
APIT Tax Deduction9.3% of gross
LKR 32,500.00
Employee EPF (8%)0.0% of gross
LKR 0.00

Salary Tax Breakdowns35+ Guides

Pre-calculated salary guides in LKR:

LKR 50,00050k →LKR 60,00060k →LKR 75,00075k →LKR 80,00080k →LKR 90,00090k →LKR 100,000100k →LKR 120,000120k →LKR 125,000125k →LKR 140,000140k →LKR 150,000150k →LKR 160,000160k →LKR 175,000175k →LKR 180,000180k →LKR 200,000200k →LKR 225,000225k →LKR 250,000250k →LKR 275,000275k →LKR 300,000300k →LKR 350,000350k →LKR 400,000400k →LKR 450,000450k →LKR 500,000500k →LKR 600,000600k →LKR 700,000700k →LKR 750,000750k →LKR 800,000800k →LKR 900,000900k →LKR 1,000,0001M →LKR 1,250,0001.25M →LKR 1,500,0001.5M →LKR 1,750,0001.75M →LKR 2,000,0002M →LKR 2,500,0002.5M →LKR 3,000,0003M →LKR 5,000,0005M →

0% Income Tax for Foreign Remittance

Inland Revenue Act (Third Schedule Provisions)

If you provide services to foreign clients (e.g., Software Engineering, Graphic Design, Digital Marketing, Translation) and remit earnings via official banking channels in foreign currency, your income is 100% exempt from personal income tax.

Foreign Client
Licensed Bank Wire
0% APIT Liability
Net Take-Home Pay (Monthly)
In-Hand Salary
LKR 317,500.00

Annualized: LKR 3,810,000.00

Take-Home Retention Rate90.71%
Total APIT Tax (Monthly)
LKR 32,500.00
Effective Rate:9.29%
Marginal Slab Rate:30%
Employee EPF (8%)
Retirement
LKR 0.00
EPF deduction toggle disabled
Tax-Free Relief
2026 IRD
LKR 150,000.00
Taxable Base: LKR 200,000.00

Employer Contributions (Informational)

Total CTC: LKR 402,500.00
Employer EPF (12%)
LKR 42,000.00
Employer ETF (3%)
LKR 10,500.00
Total Employer Benefit (15%)
LKR 52,500.00
Frequently Asked Questions

Sri Lanka Salary & APIT Tax Guide (2026)

Everything you need to know about IRD APIT tax rules, EPF (8%), Employer EPF (12%), and ETF (3%).

Under the Inland Revenue Act (Third Schedule), income earned in foreign currency from services rendered outside Sri Lanka (such as software development, remote consulting, design, and digital services) and remitted into Sri Lanka through a licensed commercial bank is exempt from personal income tax (0% APIT).