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Tax returns must be completed by 31 January following the end of the relevant tax year for those who complete the tax return online and by 31 October following the end of the tax year for those who file by a paper return. Once registered, tax payers can submit their tax return online directly via the HMRC website, or from online platforms.
The Public-Private Partnership Authority (P3A) is an organization established by the Government of Pakistan to leverage the expertise of the private sector to supplement the public sector service delivery. [2]
The Federal Board of Revenue (FBR) (Urdu: وفاقی بورڈ محصولات), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax.
Taxation in Pakistan is a complex system of more than 70 unique taxes administered by at least 37 agencies of the Government of Pakistan. [1] According to the FBR, in 2021, the number of registered tax filers had grown to 7.1 million out of which only 2.5 million were active tax filers. [ 2 ]
To get an extension, choose the option online while making your tax payment or by mailing your payment in along with Form 4868. If you request an extension, you get six additional months to file ...
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For example, most countries tax partners of a partnership, rather than the partnership itself, on income of the partnership. [179] A common feature of income taxation is imposition of a levy on certain enterprises in certain forms followed by an additional levy on owners of the enterprise upon distribution of such income.
A private company limited by shares must also file for every financial year a Tax Return with HMRC. By using a government online service, this can be done at the same time as delivering the accounts to Companies House. The deadline for delivering the return is 12 months after the accounting period ends. [6]