I already have an accountant, why do I need a tax consultant as well?
Doing the work of tax is the job of a tax expert having experience and knowledge. Accountants do not have updated knowledge of laws and cannot complete the work on due dates. We are here to provide you with the services of a tax consultant.
Can you handle my accounts and finances?
Yes, an accountant’s role is key to business progress but a tax specialist plays his role on the front foot. Tax planning is vital for the management of books of accounts, and financial matters of any business. So we are here to provide you with both services at once.
What sort of things can you do for me?
We are here to provide you with tax, corporate, audits, accounting, and bookkeeping services.
Is this like tax avoidance? Isn’t that illegal?
Yes, tax avoidance is illegal. But tax planning in your business to avoid any legal consequences and to run your business in such a way that you not only save your money but also comply with the laws of taxation is legal. For instance, a limited company issues shares instead of ..
What type of business registration is suitable for my business?
There are three types of business registrations, sole proprietor, partnership business firm, and private / public limited companies. The first decision depends on no partners, the financial position of businesses, and last but not least industry requirements.
What is the due date for submission of annual tax returns?
For salaried individuals, the due date is 31st august, for other than salaried individuals the due date is 30th september, and for limited companies, the due date is 31st december after the close of the financial year.
What about the qualification of tax consultants in Pakistan?
Tax consultants in Pakistan are qualified chartered accountants, advocates,