VAT handled per line, not per invoice
Each product carries its own tax category, so a single invoice with standard-rated and zero-rated items calculates correctly line by line — a mixed basket never gets flattened to one rate by mistake.
Sri Lanka
VAT and EPF/ETF payroll software for Sri Lankan businesses
VAT calculated per invoice line — including zero-rated and exempt goods — and EPF, ETF and APIT payroll deductions applied automatically from the official tables, not looked up by hand every pay run.
EPF: employee and employer, both sides
The Employees’ Provident Fund contribution is calculated on both sides — 8% withheld from the employee and 12% contributed by the employer — and shown clearly as separate lines on the payslip.
ETF, the employer-only contribution
The Employees’ Trust Fund’s 3% employer contribution is calculated automatically alongside EPF, without being confused with it on the payslip or in the general ledger.
APIT withheld from the official tables
Advance Personal Income Tax is withheld per payslip from the current PAYE tables, so an employee’s take-home pay reflects the correct withholding without anyone cross-checking a printed schedule by hand.
Rates you can adjust yourself
Statutory rates ship pre-configured from official sources. If a rate changes, a tenant admin can add the new figure effective from a future date — it only affects your own business, never any other tenant on the platform.
It is the rest of your business too
The same platform runs quotations through to invoices, purchasing, multi-warehouse inventory, a real general ledger, and reporting — not a payroll add-on bolted onto a spreadsheet.
One system, not a spreadsheet plus a portal
Tax and payroll are one part of a full operational platform — quotations through to invoices, purchase orders through to vendor bills, inventory across warehouses, CRM, point of sale, and an AI assistant, all in the same system. See everything included →
Questions
Sri Lanka tax & payroll, answered
Does InvoToday handle Sri Lankan VAT correctly, including zero-rated goods?
Yes. VAT is calculated per invoice line from the tax category on the product, including standard-rated, zero-rated and exempt goods, so a mixed basket of taxable and zero-rated items comes out correct on the same invoice.
What payroll contributions are calculated?
EPF (both the employee’s 8% and the employer’s 12% contribution), ETF (the employer-only 3% contribution), and APIT withholding from the official PAYE tables are all calculated automatically on every payslip.
Can our own HR team adjust the statutory rates if the government changes them?
Yes. Rates ship pre-configured from official sources, and a tenant admin can add a new dated rate effective from a future date without touching every other business on the same platform.
Is this tax or payroll advice?
No — InvoToday is invoicing and payroll software that automates calculation from the rates you or we configure. Confirm what applies to your specific business with the Inland Revenue Department or your own tax agent.
InvoToday is invoicing and payroll software, not tax advice. Confirm what applies to your business with the Inland Revenue Department or your tax agent.
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