The Personal Income Tax Rate in Sri Lanka stands at 18 percent. source: Sri Lanka Inland Revenue Department

Personal Income Tax Rate in Sri Lanka averaged 26.05 percent from 2004 until 2022, reaching an all time high of 35 percent in 2007 and a record low of 15 percent in 2016. 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 - values, historical data and charts - was last updated on February of 2023.

Personal Income Tax Rate in Sri Lanka is expected to reach 24.00 percent by the end of 2022, 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 24.00 percent in 2023, according to our econometric models.

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Sri Lanka Personal Income Tax Rate



Related Last Previous Unit Reference
Personal Income Tax Rate 18.00 24.00 percent Dec 2022
Corporate Tax Rate 24.00 24.00 percent Dec 2022
Sales Tax Rate 8.00 8.00 percent Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
18.00 24.00 35.00 15.00 2004 - 2022 percent Yearly