Importance of Tax Records

Pakistan’s laws and regulations have been revised regarding taxation, in the recent times we have seen the crack down at national level being conducted by NAB with Federal Board of Revenue (FBR). It is very important for a business in Pakistan to have the income tax records up to date and there should be proper filing and registration. All this could be a very confusing task, and the manager of the business already has too much to focus, so giving time to such matters can be a difficult task and cause hindrance in the task that are of most importance this is why you can trust Sayub & co. to help you in keeping up with taxes and maintaining the accounting books accordingly. We will help your business out in the registration of taxes, filling those taxes and before all that we will help you in the most important task, that is recording the taxes and keeping your accounting books accordingly. Our services range from the income tax record keeping, income tax registration, service and sale tax registration and registration of all other mandatory taxes according to your business.

In Pakistan, the laws are different for different types of business. If you have a primary sector business, which includes businesses in farming, agriculture, or extraction of natural resource, taxation for such type of business is different, if you have secondary or manufacturing business industry laws are different than that off in tertiary or service sector business, the law states different taxation policy for your business. This is why income tax return could cause confusion. Sayub & co. is more than capable in advising your business in matters related to tax and maintain your books, we have a team of chartered accountants that will help your business in keeping your business books according to law. Our team has vast experience to help you and your business out.