Income Tax Calculator

Description For 12 Months Period Average per Month
Total Employment Income -
Tax Free Allowance - -
Total Taxable Income on Employment - -
First 500,000 X 6% - -
Second 500,000 X 12% - -
Third 500,000 X 18% -
Fourth 500,000X 24% - -
Fifth 500,000 X 30% - -
Balance X 36% - -
TOTAL TAX PAYABLE - -

Description For 12 Months Period Average per Month
Income from employment -
Income from investments -
Income from business -
Total Taxable Income on Employment - -
Tax Free Allowance - -
Qualifying Allowance on Solar Loans -
TOTAL TAXABLE INCOME - -
First 500,000 X 6% - -
Second 500,000 X 12% - -
Third 500,000 X 18% -
Fourth 500,000X 24% - -
Fifth 500,000 X 30% - -
Balance X 36% - -
TOTAL TAX PAYABLE - -
Tax Credits from APIT -
Tax Credits from AIT -
Tax Credits from Quarterly Payments -
TOTAL TAX CREDITS - -
BALANCE TAX PAYABLE / (REFUND DUE) - -

Description (Period 01/04/2022 to 31/12/2022) (Period 01/01/2023 to 31/03/2023) (Period 01/04/2022 to 31/03/2023) Consolidated
For 9 Months Period Average per Month For 3 Months Period Average per Month TOTAL FOR THE Y/A
Total Employment Income -
-
-
Tax Free Allowance - - - -
Total Taxable Income on Employment - - - - -
First 2,250,000 X 6% - - -
Next 2,250,000 X 12% - - -
Balance at 18% - - -
First 125,000 X 6% - - -
Second 125,000 X 12% - - -
Third 125,000 X 18% - - -
Fourth 125,000X 24% - - -
Fifth 125,000 X 30% - - -
Balance X 36% - - -
TOTAL TAX PAYABLE - - - - -

Description (Period 01/04/2022 to 31/12/2022) (Period 01/01/2023 to 31/03/2023) (Period 01/04/2022 to 31/03/2023) Consolidated
For 9 Months Period Average per Month For 3 Months Period Average per Month TOTAL FOR THE Y/A
Income from employment -
-
-
Income from investments -
-
-
Income from business -
-
-
Total Assessable Income - - - - -
Tax Free Allowance - - - - -
Qualifying Allowance on Solar Loans (Rs.600,000 per annum or total solar loan installments for the year) -
-
-
Expenditure Relief (Maximum Rs.900,000/= for the frist 9 months) -
-
Total Taxable Income on Employment - - - - -
First 2,250,000 X 6% - - -
Next 2,250,000 X 12% - - -
Balance at 18% - - -
First 125,000 X 6% - - -
Second 125,000 X 12% - - -
Third 125,000 X 18% - - -
Fourth 125,000X 24% - - -
Fifth 125,000 X 30% - - -
Balance X 36% - - -
TOTAL TAX PAYABLE - - - - -

Purpose/ Condition:

  • The tax calculators provided herewith shall be confined to illustration purposes and self-evaluations only. Bank shall not be held liable for any decisions made based on the tax calculators.