Business Tax Calculator TY 2022-2027
Calculate FBR income tax on net business profits for Tax Years 2022 to 2027 under First Schedule of Income Tax Ordinance with 5-year historical comparison.
Overview
Calculate FBR income tax on net business profits for Tax Years 2022 to 2027 under First Schedule of Income Tax Ordinance with 5-year historical comparison.
Business Profit Slabs: worked example
FBR Business Slabs (TY 2027). This example uses the calculator's starting inputs for Tax Year 2027 and active filer status where applicable. Change the inputs in the interactive calculator to estimate your own result.
| Input | Starting value |
|---|---|
| annual Profit | 1,200,000 |
| Item | Rate or basis | Result |
|---|---|---|
| Net Annual Taxable Business Income | 100% | Rs. 1,200,000 |
| FBR Tax Liability (Non-Salaried) | 15% of amount exceeding Rs. 600,000 | - Rs. 90,000 |
| Total Tax Liability | Slabs + Surcharge | Rs. 90,000 |
| Net Annual Business Profit Take-Home | Final | Rs. 1,110,000 |
- ANNUAL NET BUSINESS PROFIT
- Rs. 1,200,000
- ESTIMATED ANNUAL TAX
- Rs. 90,000
Reference used by this calculator: Income Tax Ordinance 2001, First Schedule Part I Division I (Non-Salaried).
Figures are estimates for the assumptions shown. Exemptions, transaction details and the selected year can change the result; confirm the applicable rules before filing or making a payment.
Official references: FBR Finance Acts · FBR Withholding Tax Rate Cards.
How to use this calculator
How to use the Business Profit Tax Calculator: Enter monthly or annual net taxable business profit. The fields stay synchronized, and the reverse field can estimate the profit represented by a known annual tax liability. This tool applies the progressive First Schedule rates for non-salaried individuals and AOPs; it is not a corporate-income-tax calculator. Keeping accurate accounts is essential for deductible allowances and filing.
Quick Answer and Process
Calculate FBR income tax on net business profits for Tax Years 2022 to 2027 under First Schedule of Income Tax Ordinance with 5-year historical comparison.
Frequently Asked Questions
Is the Business Tax Calculator TY 2022-2027 result an official FBR demand?
No. It is an informational estimate based on the selected inputs and available rules. An authority assessment or special facts can change the final liability.
Which tax year and filer status should be selected?
Choose the tax year in which the income or transaction belongs and the taxpayer status that applies on the relevant date.
Can the estimate be used directly in a return or challan?
Use it for planning and cross-checking. Verify the taxable base, exemptions, credits, and current law before submitting a return, statement, or payment challan.
Tax Year and Sources
Check the selected tax year and applicable legal provisions before relying on an estimate. Consult the official FBR publications for enacted changes, exemptions and current rates. FBR Finance Acts · FBR Withholding Tax Rate Cards.
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About AM Tax and Corporate Hub
This calculator is an informational planning tool maintained by AM Tax and Corporate Hub and does not replace an FBR assessment or professional review.
Office address: Office no 7, Kashif Mobile Market, Trolly Adda, near Khana Pull, Rawalpindi. Phone and WhatsApp: +92 327 0444011. Email: info@amtaxhub.com.
Confirm the applicable rules, source publication dates and current requirements before relying on this information.