Tax Advisory

tax

Effortlessly Simplify Taxation.

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Tax Advisory

Tax laws and processes are becoming complex every day, and at the same time government authorities have become more proactive in identifying non-compliance and penalizing. With online taxation system and networking of the revenue authorities with NADRA and banks, it has become very easy for tax authorities to identify the non-compliant. Although many individuals and companies want to comply with applicable laws, the complexity in the system and ever changing norms and regulations make it difficult for organizations to do so.

Regardless of whether you are an individual or a company, the type of your company or nature of your operations, our tax specialists can provide you advisory on all taxation matters.

01Tax Filing and Compliance

We assist firms in obtaining income tax and sales tax registrations by ensuring compliance with FBR requirements for taxable income and supplies.

  • Withholding Income Tax Statements
  • Sales Tax Returns and statements
  • Annual Income Tax Statements
  • Annual Income Tax Returns
  • E-payment of taxes
02Tax Audits and Appeals

We help handle complex tax assessments, address discrepancies, and advocate for your financial interests in challenging tax situations.

  • Responding to tax notices
  • Appearing before Inland Revenue officers
  • Contesting appeals before CIR(Appeals)
  • Contenting appeal before Applet Tribunal
  • Applications with FTO
  • Why do I need tax advisory services?

    Tax laws and regulations are increasingly intricate and the authorities are proactive in identifying non-compliances, often resulting in penalties. The ongoing transformation in regulations and the complexity of the systems can make it challenging for an individual or a company to ensure full compliance. Tax Advisory Services aid in navigating through this complexity. By leveraging the expertise and technical skills of tax specialists, you can receive sound advice on taxation matters, comply with the law, avoid unnecessary penalties, and optimally manage your tax liabilities. This service includes personalised offerings like registering with revenue authorities, submitting regular tax statements and returns, and even handling e-payment of taxes - all of which can save you considerable time and resources.

  • What are the tax registration requirements in Pakistan?

    In Pakistan, all businesses including companies, partnership firms (AOP), and individuals earning taxable income are required to register with the Federal Board of Revenue (FBR) for income tax purposes. Likewise, enterprises making taxable supplies and services must also register for Sales Tax with FBR and the respective revenue authorities in each province where they conduct business activities. The registration process involves compliance with relevant requirements as specified by these bodies. Our services include assistance with meeting these registration obligations, ensuring adherence to the complex regulatory environment, and facilitating the necessary tax compliance for businesses across the country.

  • What are the tax filing requirements in Pakistan?

    In Pakistan, both companies and individuals who earn taxable income are required by law to register with the Federal Board of Revenue (FBR) for income tax purposes. Those involved in business and making taxable supplies and services also need to register for sales tax with FBR and respective provincial revenue authorities. Once registered, companies are required to submit monthly withholding tax statements under the Income Tax Ordinance, 2001, as well as monthly sales tax statements and returns with the FBR and the respective provincial revenue entities. Additionally, there are certain other quarterly and annual tax-related returns and statements that need to be filed by companies. Regular e-payments of taxes are also to be made with strict adherence to the timeline specified in the regulations.