Paying Taxes in Peshawar, Pakistan

The table below addresses the taxes that a medium-size company must pay or withhold in a given year in Peshawar, Pakistan, as well as measures of administrative burden in paying taxes.
Tax Payments (number) Time (hours) Statutory tax rate Tax base Total tax rate (% profit)
Corporate income tax 5 40 37% taxable income 27.4
VAT (General Sales Tax) 12 480 15.0% value added 45.4 b)
Professional Tax 1 - a) fixed rate on different slabs (PKR 20,000) paid up capital 1.2
Property tax 1 - a) PKR 2.5 per square foot 1.6
Vehicle tax 1 - a) various rates 0.3
Pension contributions 12 - a) 5% up to PKR 150 per employee and per month gross salaries 5.5
Social security contributions 12 40 7% gross salaries 7
Historical cess - g) - a) 8% property tax 0.1
Tax on interest 1 - a) 10% tax on interest 0.2 d)
stamp duty 1 - slab rate based on contract value - - c)
Education cess 1 - a) PKR 100 per worker - 0.3
Totals: 47 560 89

Notes:

a) data not collected
b) VAT is not included in the total tax rate because it is a tax levied on consumers
c) very small amount
d) included in other taxes
e) Withheld tax
f) electronic filling available
g) paid jointly with another tax

Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.

When there is more than one statutory tax rate, the one applicable to TaxpayerCo is reported.

The hours for VAT include all the VAT and sales taxes applicable

The hours for Social Security include all the hours for labor taxes in general