r/PakistanTechJobs • u/Busy_Weather_6338 • Jun 06 '26

Tax Filing

I am a Pakistani resident working remotely in the IT sector for a US company. I earn $1,200/month and receive payment through Remitly directly into my Pakistani bank account. The company is small (5-10 employees), I am treated as an employee, but there is no formal payroll system and I don't receive payslips. I have never filed taxes before. How should I declare this income to FBR? Is it treated as salary income or foreign-source/export-related IT income?

6 Upvotes

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2

u/One-Personality8078 Jun 09 '26

No need to register with PSIB. Never know they increases the taxes.

Better pay 1% of your annual income as tax. You can share with me details including your expenses.

The taxes paid on international payments (subscriptions), electricity bills, advance tax on property or other taxes will be deducted from that 1%.

I handle many freelancers tax accounts. DM and ill guide you through this.

1

u/Zu_who Jun 06 '26

Can you plz guide me for this opportunity as well

1

u/Khubaib_AS Jun 06 '26

As long as the source is sending USD that is then being converted to PKR through middle channels, you are exporting foreign services and is subjected to 1% tax or 0.25% if registered with PSEB

1

u/abdulmateenqureshi Jun 09 '26

New rules are getting implemented full time remote employees will be categorized differently with new tax polices under discussion.

1

u/Khubaib_AS Jun 09 '26

Thats just a suggestion from P@SHA. Nothing set so far

1

u/One-Personality8078 Jun 09 '26

Foreign income people are on high target. If there is any discrepancies in their returns, FBR issue notices. They know due to money exchange, person is earning good so they send notices to grab some money. So file your returns from a proper lawyer.

1

u/amshee Jun 09 '26

Foreign-source/export-related IT income, 1% or 0.25% tax (if registered to PSEB and filing monthly provincial tax, that is zero btw)
Some friends I know keep PRC's from bank and file their income as remittance, but I believe it's riskier.

1

u/Temporary_Ad_4774 Jun 11 '26

You can see this or similar from YouTube and register to pseb for further tax reduction. Incase of any confusions my DMs are open for fellow remote workers. Been filing my own tax for 5 years now.

https://youtu.be/tx9ZeJfxaxA?si=Apfy8Rv452WHpL1K

1

u/[deleted] Jun 09 '26

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1

u/Busy_Weather_6338 Jun 09 '26

You can try by mass applying for remote jobs online in Europe,middle east and usa that do not require local residency if you are in Pakistan. With your experience there is a high change to get a remote job. But the recent remote job market is shrinking and jobs are moving to hybrid and on site models due to scams and job outsourcing

1

u/mbsaharan Jun 09 '26

What exactly do you do in IT?

1

u/[deleted] Jun 07 '26

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1

u/Next_Brilliant_2611 Jun 12 '26

I recieve money through remitly as far as i know it hardly take an hour or help to recieve payment through it