Guide and Compliance To Sales Tax
Important Sub-topics to cover (list of tier retailers who are liable to file taxes, types of notices, why is it important to register your point of sale with FBR). Managing your sales tax [ST] responsibilities and staying compliant can be a daunting task. The law amendments are being observed from time to time. This brings […]
FISCAL BUDGET 2023-2024: Unveiling The Proposed Sales Tax Amendments
How quickly things can change in a year! The much-awaited annual fiscal budget 2023-2024 was announced on 9th June 2023 by Ishaq Dar. The Bill is subject to approval by the National Assembly and may undergo changes before it’s enacted into law. Taxhome advises its readers to carefully consider the specific wording of the Bill, […]
How To Develop and Improve Accounting Systems
Having an accounting system in place means your business can identify problems way before they get out of hand. One can say that accounting systems make or break a business. Therefore, it is vital to understand what makes an accounting system effective. In this blog, we are sharing 9 elements that a business must have […]
How To Get NTN Number From CNIC
NTN is the National Tax Number required for taxpayer registration in the Federal Board of Revenue (FBR). FBR has made tax registration convenient, so you can do it from the comfort of your home by creating an online account on FBR’s IRIS portal. This blog outlines the step-by-step process of registration with FBR […]
How To Claim Income Tax Refund
Income tax is a type of taxation you pay the government from your earnings. Many people evade filing taxes because they don’t understand the benefits of having a track record with the country’s revenue department. Read: HOW TO BECOME A FILER IN PAKISTAN Importance of Tax Filing As a responsible citizen of the […]
How To Prepare For Corporate Taxes
Corporate taxes are taxes on corporation profits. These taxes are basically the taxes that have to be disbursed on taxable income of a company. Keep in mind that this also comprises expenses like administration expenses and general expenses, research and development, sales and marketing as well as other operational costs. Let’s first look at the […]
How To Measure Your Business Performance?
In order to measure business performance, you need to track relevant business data, also known as Key Performance Indicators (KPI), they display measurable values and show the progress of the business goals. How To Grow Your Business? Authentic business KPI is based on quality data. According to a research published in Harvard Business Review, only […]
