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Al-Hakam Legal is a group of experienced Income tax lawyers and tax consultants in Islamabad, Faisalabad, and Lahore. Our staff of highly qualified income tax attorneys has extensive experience in taxation. They are familiar with tax regulations and other related legal frameworks so they can provide you with qualified guidance. Additionally, in accordance with the norms and demands set forth by the Federal Board of Revenue (FBR), our tax consultants will complete all your income tax and sales tax-related tasks.
Our professional income tax lawyers keep them informed regarding new reforms and developments that take place in the legal and taxation system of Pakistan. Our income tax consultants in Islamabad, Faisalabad, and Lahore will not only offer you detailed guidance but also take the responsibility to do all your legal work including the documentation, tax registration, and tax return filing that meets your business requirements.
Our Tax Lawyers Services
To protect you from any tax violation or penalty, Al-Hakam Legal’s top income tax experts will offer the following skilled legal services:
National Tax Number (NTN) Registration in Pakistan
Any taxable activity in Pakistan requires the National Tax Number or NTN. Any financial business transaction or pay exchange is possible. The Federal Board of Revenue can provide the NTN number (FBR). You can easily become a tax return filer and pay the required tax after you have your National Tax Number. This will put stop to you under the burden of extra taxes at the time of any financial transaction.
A-Hakam Legal is composed of expert income tax lawyers, who have proper knowledge of the procedure of NTN registration in Pakistan. Therefore, they can confidently accept this obligation and do all the work for NTN registration for you so that you can calmly concentrate on your core business activities.
Income Tax and Return Filing
The Income Tax Ordinance 2001, states that the government imposes an income tax at a certain rate on all taxable income produced within a given year. To prevent any additional responsibilities of taxes and penalties, the taxpayer must complete the annual tax return and pay the applicable taxes.
As previously mentioned, the taxpayer is required to pay income tax on taxable income. You must have a National Tax Number, or NTN, in order to file tax returns and pay income taxes.
To control Pakistan’s revenue system, the government recently announced new tax reforms. The filing of income tax returns and the payment of income taxes have become more important considering the new requirements. For both individuals and company owners, Pakistan’s tax system has been made simpler thanks to recent tax reforms. The step is being done to persuade more people to submit income tax returns and become subject to taxation.
Our professional income tax experts will make NTN registration for you, prepare your wealth statement, file your annual income tax returns and provide proper guidance for the payment of your due taxes and tax deductions.
In addition to this, our highly skilled income tax lawyers will be responsible to represent you before the tax authorities like the Federal Board of Revenue (FBR). Moreover, our income tax lawyers will aid in the FBR Tax Audit in order to prepare you for the audit and avoid any mistakes.
Sales Tax and Return Filing
In addition to the Income Tax, there is another type of tax that applies to the sales of certain goods and services as well as imported goods. It’s known as the Sales Tax. The government imposes this tax in accordance with the regulations outlined in the Sales Tax Act 1990.
Except for goods exempt from taxation, the sales tax applies to all types of goods. Medicines, poultry feed, unrefined agricultural products, computer software, and other exempted goods are listed in the Sixth Schedule of the Sales Tax Act 1990. More information about the exempted goods is available on the website www.fbr.gov.pk.
Other than goods, the sales tax is levied on the sale of services, which may include services provided by restaurants and hotels, advertisements broadcast on television and radio (except for public service messages broadcast by certain authorities), and services provided by customs agencies, shipping/courier companies, and logistic companies.
The government will receive the tax collected from business owners’ sales of goods and services. All business owners are required by state law to pay sales tax to the Government of Pakistan in order to avoid fines/penalties.
Why Choose Our Tax Lawyers?
Al-Hakam Legal not only provides comprehensive guidance and contemporary tax solutions to our earnest clients but offers a complete array of services from the completion of tax returns under corporation tax, and self-assessment to complex consultancy assignments & strategic tax planning. Our income tax lawyers have the finest ability to focus on our clients in the most holistic way & deliver state-of-the-art tax solutions for direct as well as indirect taxation issues, thus leading to the satisfaction of our clients.
Our Services also include:
- Assisting with Sales Tax matters including Registration, De-registration, and Assessment.
- Representing our clients before the authorities and formulating the appeals to appear before the Tribunals, High Courts, and Supreme Court.
- Compliance Services including Preparation of Income Tax and Sales Tax Returns and Customs clearance
- Corporate and Individual Tax Planning including the Trusts, Cooperative Societies, and NGOs
- International Tax Consultancy including the tax on International Transactions and directing on Double Taxation Treaties
- Establishing Gratuity Funds, Provident Funds and other Employees Benefit Schemes and their approval from Tax Authorities
*Important Note: The primary principle of Al-Hakam Law Associates is your privacy. Feel confident and secure to openly discuss any matter with Al-Hakam Law Associates the best Tax Lawyers in Islamabad, Faisalabad, and Lahore Pakistan 24/7.
Contact us: +92-322-6287715
WhatsApp: +92-322-6287715
Email us: info@alhakamlegal.com
Visit us: Al-Hakam Legal, Office # 15/LG, I &T center, G-10/1, Islamabad, Pakistan.
Al-Hakam Legal, Office# 182-Basement, District Courts, Faisalabad, Pakistan.