Application Deadline
June 30th, 2020.


Tax Filing

Introduction

With more and more emphasis being put by the government on tax return filing, it is imperative for each one of us to understand the basics of how our income tax is calculated and what is our legal obligation with regards to income tax payment and income tax return filing. We should also be aware of risks of not filing our tax return or paying taxes. In addition, it is always good to know what various tax concessions and rebates are available to us to help us reduce our tax bill.

In this course, you will learn how to

  • Calculate your income tax
  • File your tax return online, and Reduce your income tax by using tax concessions, credits, and rebates

Brief Contents

  • What is income tax and what are the filing obligations
  • How to calculate income tax for salaried people
  • Income tax rebates and credits
  • How to use form IT-3 to adjust advance tax paid
  • How to register for online tax return filing
  • How to file income tax return electronically
  • How to file wealth statement electronically

What will not be covered

  • Income tax for business persons
  • Property tax
  • Tax on investment income
  • Capital gains tax
  • Stamp duty and other taxes on real estate
  • Corporate tax
  • GST, Custom duty, and Excise duty etc

Instructor Profile:


Mr. Shahrukh Irfan is a Chartered Accountant and a Chartered Tax Advisor from the UK and holds MSc in accounting and finance from the London School of Economics (LSE). He has worked in Big 4 accounting firms in the UK for almost 7 years in income tax practice. He is currently teaching and consulting on personal tax in Pakistan.