- In case of purchase of immovable property,If you are an active filer you have to pay 3% withholding tax & non filer will pay 12%. In case of sale of property withholding tax rate is 3% for an active filer & 10% for non filer.
- Save 50000 to 600000 of withholding tax on purchase of motor vehicle
- No tax on cash withdrawal from bank
- No tax on transfers & other banking transactions
- No advance tax on payment of educational/school fee & on other transactions
- No income tax charges on commercial electricity bills
- Save up to 50% on the annual token tax of motor vehicle
- Save 10000 to 40000 on registration expenses of motor vehicle & on transfer of ownership of motor vehicle
- Saving of minimum 15% of tax on bank deposit certificates & national saving deposits
certificates - Lower rate of withholding tax on prize bond winnings
- No tax penalties on purchasing of movable & immovable properties
- No FBR's proceedings & fines on acquiring assets like plot, house, shop & motor vehicles
- Facilitate your documentation for visa purpose
- Increase your chance to get visa of reputable foreign country
- Legal evidence of your financial status & position
- Get your tax refunds from FBR that you have paid in excess like taxes on prepaid sims, electricity bill, withholding tax paid on purchase of plot & vehicle
- Mandatory requirement for getting loan from bank or other financial institutions
- Mandatory requirement to open a foreign currency account in any bank
- Mandatory requirement for WeBoc registration for import & export
- For commercial exports, filer exporters are required to pay only 6% duty on export of goods whereas non-filer exporters pay 9% duty.
- If a filer is an importer of raw materials, he will have to pay only a 5.5% tax on the import of raw materials whereas the non-filer has to pay 8% tax
A weapon license can not be issued to a person who is a non filer or whose name is appear inactive in ATL.
