The Personal Income Tax Rate in Sri Lanka stands at 15 percent. Personal Income Tax Rate in Sri Lanka averaged 28.08 percent from 2004 until 2016, reaching an all time high of 35 percent in 2007 and a record low of 15 percent in 2016.

Personal Income Tax Rate in Sri Lanka is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Personal Income Tax Rate is projected to trend around 18.00 percent in 2020, according to our econometric models.

Sri Lanka Personal Income Tax Rate
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Sri Lanka Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 28.00 28.00 42.00 15.00 percent [+]
Personal Income Tax Rate 16.00 16.00 35.00 15.00 percent [+]
Sales Tax Rate 15.00 15.00 15.00 11.00 percent [+]
Social Security Rate 20.00 20.00 25.00 20.00 percent [+]
Social Security Rate For Companies 12.00 12.00 17.00 12.00 percent [+]
Social Security Rate For Employees 8.00 8.00 8.00 8.00 percent [+]


Sri Lanka Personal Income Tax Rate

In Sri Lanka, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Sri Lanka. This page provides - Sri Lanka Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Personal Income Tax Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16.00 16.00 35.00 15.00 2004 - 2018 percent Yearly




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