Tax Tools

Tool Tax

Master Tax Associates' Pakistan Tax Toolkit

(Interactive Web Tools for Taxpayers)

1. Income Tax Calculator

Features:

  • Dropdown menu to select taxpayer type (Salaried, Freelancer, Business)

  • Auto-calculates tax liability based on latest FBR slabs (2024)

  • Shows comparison with previous year’s tax

  • Bonus: Prints a summary for filing reference

Example Output:

"Your estimated tax (2024): Rs. 42,500
Savings vs. 2023: Rs. 6,200 (15% lower!)"


2. Sales Tax Rate Finder

Features:

  • Searchable database of 17% GST rates on goods/services

  • Filter by industry (Textiles, IT, Healthcare, etc.)

  • Mobile-friendly for quick market/retail checks

Example Output:

"Sales Tax on IT Services: 17% (FBR Code: 98.07)"


3. Tax Deadline Tracker

Features:

  • Auto-updated FBR calendar with:

    • Income tax return due dates

    • Sales tax filing deadlines

    • Amnesty scheme cutoffs

  • SMS/email reminder signup option

Example Alert:

"Upcoming: Advance Tax (Quarter 3) due on Sep 15, 2024"


4. NTN Registration Assistant

Features:

  • Step-by-step IRIS portal guide with screenshots

  • Document checklist (CNIC, proof of income, etc.)

  • Live chat support button

Example Tip:

"Freelancers: Skip the 15% withholding tax by registering with PSEB first!"


5. Amnesty Scheme Eligibility Checker

Features:

  • 5-question quiz to assess qualification

  • Calculates estimated tax on undeclared assets

  • Downloads a pre-filled declaration draft

Example Result:

*"You qualify! Estimated 4% tax on Rs. 2.5M property = Rs. 100,000"*