Taxation Services

MHA delivers deep knowledge of tax as well as a breadth of experience to its clients. Practical tax advice along with consistent tax compliance framework instils confidence and a consistent approach which is followed across different jurisdictions. We help business entities to make informed strategic decisions, help them simplify tax management and provide oversight with global visibility- all with the ease of working with a global provider.

In Pakistan considering the local requirements we are offering services in following areas:

Taxation Services.

He is a Fellow Member of the Institute of Chartered Accountants of Pakistan with over 25 years of professional experience as a trusted adviser and proven leader assisting Companies, Partnership Concerns, Sole Establishment Businesses and other business entities with Audit, Assurance, Taxation Compliance & Advisory Services, Accounting & Book Keeping Services, Management Consultancies, Feasibility Studies, Corporate Compliances, Computerized Implementation & Training of Accounting Software, HR Consultancies, Internal Control Policies & Procedures and Strategic Planning.

He graduated as Bachelor of Commerce from University of Punjab in 1994. He worked in the capacity of Senior Manager Taxation in Ford Rhodes Sidat Hyder & Company, Chartered Accountants, a member firm of Ernst & Young International, one of the big accountancy firms in the world. He is also Life time member of Lahore Tax Bar Association. He also worked as member of the Executive committee of the Lahore Tax Bar Association during the year 2007-2008. He also remained a member of Continuing Professional Development [CPD] Committee, Northern Region, of the Institute of Chartered Accountants of Pakistan. From October 2009 till date, he is working as a Partner with Malik Haroon Shahid Safder and Co., Chartered Accountants.

He has a vast experience of Corporate Taxation Matters including tax compliance, corporate tax planning, counseling, benefit optimization, annual and periodical tax returns, withholding tax management, managing post-return correspondence, preparation and filing of appeals and representation before tax authorities and Income Tax Appellate Tribunal. He also deals the Tax cases of regular multinational clients of countries especially United States of America, United Kingdom, Turkey, Norway, Japan, Mauritius, Italy, Holland, United Arab Emirates, Germany etc. and also conduct Exit and Entrance interviews of the assignees of various multinationals Giants such as Microsoft, Nortel Network etc. in order to help and advice such Assignees regarding tax issues arising from their relocation from Pakistan.

He holds a massive experience of Personal Taxation including tax planning and compliance services for individuals, trusts and partnerships in respect of income and wealth taxation, tax planning for executive compensation package and fringe benefits, employee retirement benefit schemes for tax optimization, Managing post-return correspondence and representation before/during audit, assessment and appellate authorities, tax-efficient personal planning and investment opportunities. He also has a huge experience of Individual taxation services especially from the sectors of Banking, Retired Army Officers, Government Officials, Pensioners, and Salaried Staff of various Pakistani and Multinational Companies and tax planning and post return presentation of cases of expatriate staff of multinational companies.

He has an enormous experience of Sales Tax and other related Laws including post return presentation before Sales Tax department, handling of Sales Tax Refund cases, preparation and filing of reply to show cause notices of auditors and adjudicating authorities, preparation and filing of appeals and presentation before Collector of Sales Tax (Appeals) and Customs, Excise and Sales Tax Appellate Tribunal, preparation of tax advices on the Sales Tax issues, tax counseling to clients on the preparation of Sales Tax record and tax returns and handling matters relating to Capital Value tax, Provincial Professional Tax, Corporate Asset Tax, etc. Furthermore, being a part of Sales Tax Task force established by the Central Board of Revenue, he was assigned to submit final report on the specified area to the team of task force members. He, therefore, analyzed, interviewed, drawn flow charts of different sub systems of the Sales Tax department and finally submitted this information along with recommendation with regard to changes in law and procedures to the team of Sales Tax members.

He holds enormous experience to prepare opinions on different aspects of corporate laws and foreign currency exchange control regulations and representing before corporate and regulatory agencies including Corporate Law Authority, Registrar of Companies, Registrar of Firms and Registrar of Trusts. He also deals with Secretarial and Corporate Compliance Services under Companies Ordinance and also advising on preparation of documentation for partnerships and preparation of minutes of the meeting.

As an engagement partner, he possesses ample experience of conducting various assignments of statutory external audits, Internal audits, Income tax audits, sales tax audits, management audits and forensic audits specially relating to Textile processing units, Textile spinning and weaving units, Construction companies, Engineering, Manufacturing and Domestic Appliances, NGO’s and Associations, and Trading companies etc.

He is a Writer of different books published by the Professional Business Publications [PBP], a world-renowned name of business publications of professional examinations and was solely responsible to annually updating the books to give effect the changes introduced by the Annual Budget, SROs, Circulars etc. issued from time to time.

He remained a visiting faculty member of Lahore School of Accountancy, Lahore since 2002 (A college affiliated with University of Lahore and approved training institute of Chartered Accountants of Pakistan.

He has also Participated as Tax Expert member on different episodes of “Tax Aur Awam” at Koh-e- Noor TV on taxation issues.