Question 1

01 IRIS

Accepted Answer

Introduction to FBR's IRIS system for online filing Creating and managing your IRIS account E-filing returns, statements and forms Tax payments, refunds and notices The IRIS dashboard and tax records Using IRIS for audits, assessments and FBR communication

Question 2

02 Basic Accounting

Accepted Answer

Accounting principles and terminology Balance sheet, income statement and cash flow statement Double-entry bookkeeping Recording transactions and maintaining ledgers Journal entries and T-accounts Trial balance and financial ratios Financial reporting and its role in tax compliance

Question 3

03 Income Tax

Accepted Answer

Pakistan's Income Tax Ordinance Types of income: salary, business, rental, capital gains Tax computation for individuals and companies Filing returns: individual, company and salaried Deductions, credits and exemptions Tax slabs and rates Notices, appeals and assessments Handling income tax audits

Question 4

04 Sales Tax

Accepted Answer

Sales tax (GST) in Pakistan Registration process and requirements Filing monthly, quarterly and annual returns Goods and services, exemptions and rates Record keeping for sales tax Sales tax audits and assessments Input and output tax Filing obligations for goods and services businesses

Question 5

05 Corporate Tax

Accepted Answer

Corporate tax structure in Pakistan Registration and requirements Corporate returns and compliance Corporate rates and exemptions Audits, assessments and appeals Dividends, capital gains and losses Corporate governance in tax matters Mergers, acquisitions and restructuring

Question 6

06 IPO and Chamber of Commerce

Accepted Answer

IPOs and stock market regulation Launching an IPO and the role of SECP IPO process, listing requirements and filings The Chamber of Commerce in registration and compliance Becoming a Chamber member Benefits of Chamber membership Networking and business development Trade and industry regulations

Question 7

Course outline

Accepted Answer

Course modules Income Tax Ordinance 2001 Types of income and taxable income Tax deductions and exemptions Preparation of income tax returns E-filing of income tax returns Tax payments and withholding tax Income tax audits and assessments Tax planning and compliance Taxation of corporate entities Practical issues in taxation

Question 8

Course outline

Accepted Answer

Course modules Overview of Pakistan's sales tax system Sales tax laws and regulations Sales tax registration Taxable and exempted goods and services Sales tax invoices and documentation Filing sales tax returns Input and output tax adjustment Sales tax refunds and adjustments Withholding sales tax Sales tax audits and compliance Sales tax on exports and international transactions Practical issues in sales tax compliance

Question 9

Course outline

Accepted Answer

Course content Intro to the Ordinance 2001 and Rules 2002 NTN, registration and tax profiles Filing income tax returns (individual, AOP and business) Wealth statement (section 116) and reconciliation Practical case studies and common mistakes

Question 10

Course outline

Accepted Answer

Value Added Tax (VAT) – UAE Overview of VAT VAT registration VAT return filing Input vs output VAT VAT invoicing and record keeping Penalties and fines Corporate Tax – UAE Introduction to corporate tax Taxable persons Corporate tax rates and exemptions Tax calculation Corporate tax registration and filing Transfer pricing and compliance Excise Taxation – UAE What is excise tax Who should register Excise tax return Stockpiling and warehousing Penalties and inspections Company Setup in the UAE Mainland companies Freezone companies Offshore companies

Question 11

Course outline

Accepted Answer

Course coverage US tax regulations, compliance and planning LLC formation: legal requirements and best practices Running an LLC: ongoing filings Tax compliance and audit procedures International taxation and tax treaties

Question 12

Course outline

Accepted Answer

Introduction to UK Taxation Overview of the UK tax system Key principles and objectives HMRC and its role Personal Taxation Income tax structure and rates Taxable and non-taxable income Allowances, reliefs and deductions National Insurance Contributions Corporate Taxation Corporation tax overview Taxable profits and allowable expenses Filing corporate tax returns Small business considerations Value Added Tax (VAT) Registration and compliance Calculating and filing VAT returns Input and output VAT Penalties for non-compliance Capital Gains Tax Principles of CGT Calculating chargeable gains Exemptions and reliefs Reporting and payment Inheritance Tax Scope of IHT Exemptions, thresholds and reliefs IHT planning Tax Planning and Compliance Efficient tax planning Avoidance vs evasion Audits and disputes Specialist Topics Self-employed individuals International tax and double taxation relief Environmental taxes and trends Practical Applications Preparing and submitting returns Case studies Tax software and digital tools

Tax and corporate training

Certified Tax Advisor (CTA) – Pakistan Taxation Complete Course

CTA modules

All ICFT courses

Pakistan Income Tax Course

Pakistan Sales Tax Course

Pakistan Income Return One Day Crash Course

UAE Taxation (VAT & Corporate Tax)

USA Tax Preparer / LLC Formation

UK Taxation Course

Advance Corporate Laws

How you learn

Faculty