SoftwareYear-round personal tax management for individual taxpayers in Sri Lanka
Taxable is a web application for individual taxpayers in Sri Lanka. You record income, business expenses, reliefs, assets and tax payments as they happen, and Taxable works out your estimated tax position for the year and shows each step of the calculation. When it is time to file, it prepares the documents and a package you can hand to your tax agent.
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Taxable is a personal tax management web application built for individuals who pay income tax in Sri Lanka, including salaried employees, freelancers paid from abroad, small business owners, investors and landlords. Instead of collecting payslips, invoices and receipts in a rush before a deadline, you record income, expenses, reliefs, assets and tax payments during the year. Foreign currency income is converted to rupees using the official Central Bank of Sri Lanka rate for the date you received it.
From those records Taxable calculates an estimated tax position for the selected year of assessment and shows the working step by step, so you can see how each record affects the figure. It lays out instalments and filing deadlines, prepares filing documents from your records, and builds a package you can share with a tax agent through a passcode-protected link. Taxable does not submit returns to the Inland Revenue Department and does not replace professional advice. It keeps the record keeping and calculation in order so that filing, on your own or through an agent, starts from organised figures.
Personal income tax in Sri Lanka involves several kinds of income, instalments that fall due during the year, and records that have to be produced when a return is filed. Many individuals track this in spreadsheets and folders, or leave it until the deadline, which makes it hard to know what is owed, what has been paid, and which documents are still missing.
Taxable gives individuals one place to record the tax year as it happens. It turns those records into an estimated tax position with the working shown, a view of instalments and deadlines, generated filing documents, and a package that can be shared with a tax agent.
Add salary, business and freelance earnings, investment income and other income as you receive them, and attach the supporting document to each record. Foreign currency income is converted to rupees using the official Central Bank of Sri Lanka rate for the receipt date.
Taxable recalculates your estimated tax position whenever a record changes. A step-by-step breakdown runs from gross income through expenses, donations, reliefs and tax credits to the balance due, so you or your tax agent can check each line.
The Reports screen lists the filings for the selected year with their deadlines and prepares each one from what you have recorded, including the return of income, the statement of assets and liabilities, and the capital gains return. Part of the Annual plan.
A timeline on the dashboard shows each instalment and filing date for the year and marks which are done, upcoming or overdue. Taxable also estimates penalty and interest exposure on late instalments, and the Annual plan lists email reminders before each deadline.
Build a package of the year's records and supporting documents, then share it with a tax agent through a passcode-protected, time-limited link. A completeness check points out gaps first, and an access log shows when the package was opened. Part of the Annual plan.
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The Tax Calculation screen shows gross income, net tax payable and balance due for the year, with a step-by-step breakdown underneath so the figure can be checked line by line.
The Tax Agency screen builds a package of the year's records and documents, runs a completeness check, and shows which agent features are available now and which are planned.
The expense form asks for the share of a cost that is for business use, the payment method and a supporting document, so mixed-use bills are recorded once.
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