TAX CENTRE

Corporate tax, VAT and every tax obligation for Private Limited and Guarantee companies — calculated in seconds.

What do you need?

Year of Assessment 2025/26 · Rates last reviewed 21 October 2026

Your company's year

Turnover (total sales)

LKR

All income from sales and services for the year.Allowable expenses

LKR

Business costs: salaries, rent, utilities, cost of sales.Capital allowances / depreciation

LKR

Tax depreciation on equipment, vehicles and buildings.Tax losses brought forward

LKR

Unused losses from earlier years.Business categoryConcessionary rates apply only to approved activities such as qualifying exports. Ask us if unsure.Tax already paid

LKR

Installments paid and WHT certificates received.

Estimated tax for the year

LKR 1,950,000

Effective rate 7.8% of turnover · Balance payable LKR 1,950,000

1st installment · 15 August

LKR 487,500

2nd installment · 15 November

LKR 487,500

3rd installment · 15 February

LKR 487,500

4th installment · 15 May

LKR 487,500

Turnover / incomeLKR 25,000,000

Less: allowable expensesLKR 18,000,000

Accounting profitLKR 7,000,000

Less: capital allowancesLKR 500,000

Less: losses usedLKR 0

Taxable incomeLKR 6,500,000

Tax at 30%LKR 1,950,000

Less: tax already paidLKR 0

Losses carried forwardLKR 0

Balance payableLKR 1,950,000

These calculators give estimates for guidance only and are not tax advice. Rates, thresholds and deadlines change with Inland Revenue notices; your actual liability depends on your company's full circumstances. Speak to our team before filing.