Monday 2 January 2017

What to expect in 2017

The year 2016 made it very clear and evident that the Pakistan’s government is very much interested in catching up on the tax gap that exists with the economy. Which was seen by the various adjustments that were made to tax policies of Pakistan during the year 2016. With major changes being made to almost every sector of the economy. From tax changes to the realty sector, to finance act of 2016 which further effected all majority sectors of Pakistan with their respective sales tax. For both business and individual’s year 2016 was made a lot more memorable by the efforts of Federal Bureau of Revenue and other government agencies with the massive crackdown on the non-tax payers of Pakistan.  To reduce the gap of tax in Pakistan.  The government of Pakistan had provided a lot of incentives to tax payers and to non-taxpayers as well so that taxes can be collected. But even if your business still failed to file and prepare income tax returns contact Sayub  & co.
The same level of active participation can be expected in the year 2017, with even more active action by the tax governing agencies. To prevent any sort of legal action against the business it is highly advised for the businesses to start preparing the tax return. We understand that it can all get a bit confusing and make it difficult to do the businesses. This is why we have our services as a solution to your business needs. For business that are still lacking their tax returns and have issues in doing so. Sayub & co. will help your business in creating, maintain your income tax returns, sales tax return and all other transitional taxes. Other than our income tax return services we can also help your business in preparing audit report for your business. So, if your business is still looking for an auditor. Sayub & co. can provide you the audit.

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