Income Tax slabs for Individuals & Employees for the Y/A 2018/2019

Individuals other than who are in employment

Taxable IncomeRate
First LKR. 500,000Nil
Next LKR. 600,0004%
Next LKR. 600,0008%
Next LKR. 600,00012%
Next LKR. 600,00016%
Next LKR. 600,00020%
Balance24%

Resident employee who has furnished the Primary Employment Declaration* to Employer (Employee who is Resident & Citizen / Non-Citizen)

Taxable IncomeRate
First LKR. 1,200,000Nil
Next LKR. 600,0004%
Next LKR. 600,0008%
Next LKR. 600,00012%
Next LKR. 600,00016%
Next LKR. 600,00020%
Balance24%

Employee who is Non-Resident and Non-Citizen

Taxable IncomeRate
First LKR. 600,0004%
First LKR. 600,0008%
First LKR. 600,00012%
First LKR. 600,00016%
First LKR. 600,00020%
Balance24%

Any employee who has not furnish the primary employment declaration, or any employee employed under more than one employer

Taxable IncomeRate
Monthly payment is less than or equal to LKR 50,000 per month10%
Balance amount exceeds LKR 50,000 per month20%

* Primary Employment Declaration Form

  • Every employee is required to furnish Primary Employment Declaration Form, to the employer nominating his primary employment.

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