Withholding Taxation


Withholding Taxes are the major source of revenue for Federal Government in
Pakistan. They are the most important part of taxation system. Every Year WHT
collection is rising as Federal Government is imposing new WHT as new
businesses are getting registered. This taxation system timely collection of
revenue provides taxpayer chance to pay their taxes on monthly basis and in
installments. For companies doing business, WHT compliance has become complex due to constantly change of tax laws and regulations across multiple

At Universal Accountants, we provide tax consulting services in matter relating
to WHT and hence, help to minimize Clients Company’s tax burden with the
astute utilization of such tax credits to the client’s benefit, in compliance with
Internal Revenue Service regulations. To this end, our specific withholding tax
services are discussed as follows.

  • Assisting the Company to remit withholding tax deducted from vendor’s
    invoices. Make withholding tax payments and frequent liaison with
    external service providers.
  • Communicating and following up with the tax authorities on WHT matters
    and to obtain receipts.
  • Assisting Companies whose WHT have been deducted at source and
    assist in accompanying tax credits note in conjunction with the Company
    that made the WHT deduction from vendor invoices.
  • Representing and attending to any queries on behalf of client at routine
    WHT audits.
  • We also determine non-compliance with the WHT laws and recover the
    tax, in addition to the penalties.
  • Review withholding tax returns and rectifying errors, if any.
  • Liaise with the finance departments for tax account reconciliations
  • Provide assistance on special projects as necessary
  • Seek to keep clients’ tax liability at minimum.
  • If you desire efficient results with your WHT issues, Universal Accountants is
    waiting for your call. Save MONEY NOW.