If you earn above the taxable threshold in Pakistan, the law requires you to file an annual income tax return with the Federal Board of Revenue (FBR). Filing on time keeps you on the Active Taxpayers List (ATL) — which means lower withholding rates on banking, property and vehicle transactions.
For salaried individuals, the return is usually due by 30 September of the year following the tax year. Companies follow their own year-end. Missing the deadline removes you from the ATL and exposes you to higher tax deductions on almost every financial activity.
To file, you generally need your CNIC, salary certificate or business accounts, bank statements, details of any property and vehicles, and records of taxes already deducted at source. Getting these together early makes the process painless.
The most common mistake we see is people assuming that because tax was deducted from their salary, they do not need to file. That is not how it works — filing is what puts you on the ATL and lets you reclaim any excess deductions. If you are unsure, our team can file on your behalf and confirm exactly what you owe, or what you are owed back.
TFMC files hundreds of returns each season for salaried clients, sole proprietors, partnerships and companies across Pakistan. If you want it handled correctly the first time, start your return with us below.