Salary Calculator (Sri Lanka) — Take Home After EPF & PAYE
Enter your monthly gross salary to see your net take-home pay after 8% EPF and progressive PAYE tax.
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How this Sri Lanka salary calculator works
Your take-home pay is calculated in three steps. First, EPF at 8% is deducted from your EPF-eligible salary (usually basic pay plus fixed allowances). Second, PAYE / APIT is applied on your monthly gross using the current progressive slabs — Rs. 150,000 personal relief, then 6%, 18%, 24%, 30% and 36% on each subsequent Rs. 50,000 band. Third, the net is Gross − EPF − PAYE.
EPF and ETF explained
EPF is the Employees' Provident Fund: 8% comes from you, 12% is added by your employer, for a total 20% of your EPF-eligible pay locked away for retirement. ETF is an additional 3% paid entirely by the employer. Neither the 12% EPF nor the 3% ETF reduces your take-home pay — but they're a real part of your total compensation, and this calculator shows the full picture.
Current PAYE tax slabs (Sri Lanka 2026)
Monthly relief: Rs. 150,000. Then Rs. 50,000 at 6%, next Rs. 50,000 at 18%, next Rs. 50,000 at 24%, next Rs. 50,000 at 30%, balance at 36%. So someone earning Rs. 300,000 gross pays PAYE only on Rs. 150,000: Rs. 3,000 (at 6%) + Rs. 9,000 (at 18%) + Rs. 12,000 (at 24%) = Rs. 24,000 tax. Verify against the latest Inland Revenue circular each year — slabs change with the annual budget.
Tips to increase your take-home pay
Ask for a portion of your package as non-taxable reimbursements (travel, medical, telephone) where the law allows. Contribute to approved insurance/pension schemes that qualify for tax relief. Salary sacrifice into higher EPF contributions grows retirement savings and is not taxed as income. Always factor total compensation (gross + EPF + ETF + insurance + bonus) when comparing job offers — a higher gross with fewer benefits can still lose to a lower gross with better packaging.
Frequently Asked Questions
What deductions come out of my salary in Sri Lanka?
Two main deductions: your EPF contribution (8% of gross salary) and PAYE/APIT income tax if your salary exceeds the tax-free threshold. Your employer separately contributes 12% to EPF and 3% to ETF — these don't reduce your pay.
What is PAYE / APIT tax?
It's income tax deducted at source by your employer under the Advance Personal Income Tax scheme. Monthly income above the tax-free threshold is taxed at progressive rates that increase with income.
Is EPF calculated on my full salary?
EPF is calculated on your total earnings including basic salary and most fixed allowances. Some variable payments may be treated differently — check your payslip or ask your HR department.
Why is my take-home pay different from this calculator?
The calculator covers the standard statutory deductions. Your actual payslip may include additional items like staff loan recoveries, insurance premiums, union fees, or unpaid-leave deductions, and allowance structures vary between employers.
Do EPF and ETF ever come back to me?
Yes. EPF (your 8% + employer's 12%) accumulates with interest and is payable at retirement or under specific conditions. ETF (employer's 3%) can typically be claimed when you change jobs, subject to the scheme's rules.
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