Best thing to happen to Pakistani tax collection: Pay your taxes or get penalised

[ARMalik]

Whats wrong with that.

It is a criminal offence in all countries for failing to pay taxes or falsely declaring income in order to pay lesser tax.

Those who dont pay their share of the tax should be thrown behind bar and their property seized as proceeds of crime.

Its the best thing.

I work in the industry and our systems are linked up with Tax office and we instantly get alerts when claims are above the industry average. Tax office here is data mining and cross referencing all claims to catch tax cheats.

Unfortunately, Pakistan is full of selfish and ignorant people who are happy to steal others money but will talk nonsense when they are asked to pay their fair share of the tax.

 

[maverick1977]

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Good going... no more lunches for Pakistanis .. tax chauri needs to stop

 

[Verve]

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Tax evasion is equivalent to treason in UK! Long jail sentences.

These amnesty schemes are useless (tested and tried before) unless government has beforehand data on concealed assets and income, it has identified the people and is ready not to extend the date any further. Khali kholi naray marnay say kuch nai hota mayray bai ....... yeh kissa koi naya nai bohat purana hy.

To some extent I agree but this one excludes office holders and families, and it was formed after discussion with all the chambers. Intention of this one is to give traders a chance to get in the tax net or get clamped on.

 

[I.R.A]

To some extent I agree but this one excludes office holders and families, and it was formed after discussion with all the chambers. Intention of this one is to give traders a chance to get in the tax net or get clamped on.

System will gradually mature, I hope evasion becomes difficult soon enough. For the time being undocumented economy and businesses run by illiterate are challenges.

 

[Verve]

System will gradually mature, I hope evasion becomes difficult soon enough. For the time being undocumented economy and businesses run by illiterate are challenges.

This is a good opportunity for young qualified accountants who are currently unemployed.

Majority in UK also don't know how to file taxes and hire accountants to do their books and submit taxes annually. For example the taxi drivers here don't know how to file returns but they have access to relatively cheap services of accountants.

Eventually when the FBR notices start coming, people will seek services of accountants.

 

[I.R.A]

This is a good opportunity for young qualified accountants who are currently unemployed.

Majority in UK also don't know how to file taxes and hire accountants to do their books and submit taxes annually. For example the taxi drivers here don't know how to file returns but they have access to relatively cheap services of accountants.

Eventually when the FBR notices start coming, people will seek services of accountants.

In Pakistan Accounting firms are already well established and taking care of cases of corporations. Some people with accountancy do file returns for others against a reasonable fee.

 

[Trango Towers]

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Good....

 

[Verve]

In Pakistan Accounting firms are already well established and taking care of cases of corporations. Some people with accountancy do file returns for others against a reasonable fee.

I meant single accountant catering for small businesses.

Established forms cater for medium size up businesses whereas this should open doors for single qualified accountants to do the filing.

Currently there's no requirement by FBR that only certain (qualified) agents can file returns so single accountants should start offering these services.

 

[Clutch]

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Same thing happens here in north america.

Dont pay your taxes. . end up in jail.

 

[Max]

Normal practice of countries around the world. pay taxes or face the music.

 

[Clutch]

i think govt should construct new jails as there will be little space available in existing jails because much public will be arrested in coming days.
If someone has made property by earning outside Pakistan govt has no right to charge tax on this as he has not used govt facilities to earn money

Looks like all the corrupt people and thieves are worried now .. good.

 

[Yaseen1]

calling others corrupt and thieves without evidence and overlooking real thieves will result in our miserable condition to continue and govt will again miss tax collection target by focusing and wasting resources on areas from where not much tax can be collected

Looks like all the corrupt people and thieves are worried now .. good.

 

[Clutch]

calling others corrupt and thieves without evidence and overlooking real thieves will result in our miserable condition to continue and govt will again miss tax collection target by focusing and wasting resources on areas from where not much tax can be collected

Over 95% dont pay their taxes... At least over 95% corrupt.

 

[pak-marine]

Good move fck this badmashi and blackmailing culture by businesses pay
Up or fck off there are enough competitors to make up the govt shouldn’t give up infact give them a bamboo to pay up

 

[Yaseen1]

Over 95% dont pay their taxes... At least over 95% corrupt.

In Pakistan business opportunity is already limited due to tough economic conditions and if govt impose high taxes on business already operating near break even they will windup their business and move to other place where more business opportunities and good economy.Govt will be able to collect tax for one year only and in next year there would be no income earned by business available on which govt imposes tax and also unemployment will rise.Its example is like a person who in greed of gold eggs slaughtered hen and got one gold egg but due to his foolishness got deprived of multiple gold eggs given if hen would have remained alive