Tax Officer

Employer
Jalal Sons
Location
Lahore, Pakistan
Salary
Competitive
Posted
Oct 14, 2019
Closes
Nov 01, 2019
Ref
1015685
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Level of qualification
CIMA, Newly qualified, Qualified
  • Checking with Vendors for uploading of monthly input tax for sales tax returns.
  • Ensuring that all due input has been uploaded in the relevant month's return.
  • Preparing and compiling data as required for monthly sales tax return including finalization of Annex A, C and F
  • Reconciling stocks as per sales tax return and as per physical count.
  • Regularly updating Sales Tax Rates of goods in ERP and POS' data base
  • Apply witholding tax rates on vendors bill.
  • Ensuring proper withholding tax is being deducted by customers and taking withholding certificate of the same from them.
  • Preparing Financial Statements for annual tax return.
  • Monthly and Quarterly closing of Tax Accounts.
  • Arranging all the advance tax evidences and supporting documents on quarterly basis.

Preparing Tax Challans for:
  • Monthly Sales Tax Return
  • Monthly Withholding Taxes (Income Tax)
  • Advance Tax Payments u/s 147 of Income Tax Ordinance, 2001
  • Advance withholding tax under section 155 of the Income Tax Ordinance, 2001
  • Monthly withholding of Employees u/s 149 of ITO, 2001
  • Withholding of Vendors/ Suppliers under section 153
  • Preparing and providing certificates for withholding tax under rule 49 for Vendors and Employees.
  • Preparing, uploading and finalizing data for Bi-Annually withholding statements u/s 165 of ITO, 2001.
  • Preparing monthly sheets as required for annual audit of withholding tax statements.
  • Working/replying/following up for any tax audit or notice from Tax Authorities in liaison with tax consultant.
  • Ensuring timely reply has been submitted by the tax consultant to the Authorities.
  • Maintaining and regularly updating Tax File
  • Making sales summery for some of the customers when required.
  • Checking of wittholding ledger and vendors tax deducted.
  • Resolving queries, observations and findings of tax consultant.
  • Resolving queries of sales personnel/ customers with respect to any observations or remarks pertaining to tax issues.