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Income Tax & Liabilities.

A transparent look at my income tax registration, payment history, and outstanding liabilities — shared as part of the same commitment to openness behind my Portfolio page.

Last updated: July 2026

01 · Tax Registration

Registered and paying since FY 2024–2025.

I registered for income tax and began paying from the 2024–2025 financial year onward.

02 · Payment History

Paid to date, and what's still outstanding.

A year-by-year breakdown of income tax paid and payable, since registration.

Financial Year

2024 – 2025

LKR 8,625,132

The full income tax amount for this financial year has been paid.

Financial Year

2025 – 2026

Paying — in progress
LKR 5,998,704.68assessed

The total income tax payable for this financial year has been assessed at LKR 5,998,704.68. LKR 1,945,400 has been paid so far, with LKR 4,053,304.68 remaining — steps are being taken to pay this off as soon as possible.

Paid vs. Assessed, by Financial Year
2024 – 2025 (Paid)
LKR 8,625,132
2025 – 2026 (Assessed)
LKR 5,998,704.68
Paid in full Assessed for the year
FY 2025–2026 Progress
Paid so far
LKR 1,945,400
Remaining
LKR 4,053,304.68
The 2025–2026 figure reflects the current assessment for the year — it will be updated here as payments continue and once the balance is fully cleared.
03 · External Liabilities

One outside loan, at 12% interest.

A single external loan from a co-operative rural bank, charged at 12% annual interest (≈1.17% monthly).

LenderCo-operative Rural Bank
Outstanding BalanceLKR 967,178
Interest Rate12% p.a. (≈1.17% monthly)
04 · Internal Liabilities

What I owe my own funds, at 1.17% monthly.

Money borrowed from my own internal fund system (see the Portfolio page) to fund the stock market portfolio and family support. The policy interest rate across all internal loans has been standardized to 1.17% monthly.

Internal Liabilities by Fund
Financial Market Fund
LKR 2,119,428
Basic Emergency Fund
LKR 1,090,441
Children's Health & Education Fund
LKR 908,582
Mother & Brother's Fund
LKR 508,886
Total Internal LiabilitiesLKR 4,627,337
Interest Rate1.17% monthly
Separately, the Health Emergency Fund has borrowed LKR 2,948,984 from the Basic Emergency Fund, also charged at 1.17% monthly interest. This is a loan between two of my own funds rather than a personal liability, so it's excluded from the total above — see the Portfolio page for details.
05 · Total Liabilities Summary

Everything I owe, in one place.

Combining the outstanding tax balance, the external bank loan, and internal fund borrowing.

Total Liabilities (~LKR 9.65M)
Tax Payable (remaining, FY 2025–26)42.0%
Internal Liabilities48.0%
External Liabilities10.0%
Tax Payable (remaining, FY 2025–26)LKR 4,053,304.68 (42.0%)
Internal Liabilities (own funds)LKR 4,627,337 (48.0%)
External Liabilities (bank loan)LKR 967,178 (10.0%)
TotalLKR 9,647,819.68
This summary reflects only the liabilities disclosed on this page. It doesn't include the FY 2024–2025 tax amount, which is already paid in full.

Figures on this page are shared voluntarily for transparency and reflect a specific point in time. They are not tax or financial advice — for guidance on your own tax obligations, please consult a licensed tax professional or the Inland Revenue Department of Sri Lanka.

See also the Portfolio page and the Risk Disclaimer for how the rest of this site's financial content should be read.