1
Who is this ATL Status Restoration service designed for?
This service is designed for Overseas Pakistanis, expatriates, non-resident Pakistanis, overseas freelancers, foreign income earners, and individuals receiving income or remittances from abroad.
8Can the Rs. 25,000 ATL surcharge be avoided?
Where applicable, an eligible taxpayer may avoid the surcharge by completing the required return filing and ATL restoration within the applicable statutory due date, subject to prevailing FBR requirements.
9What happens if ATL restoration is completed after the applicable due date?
After the applicable due date, the Rs. 25,000 ATL surcharge is separately payable where applicable, in addition to the IFTS professional service fee.
11Can foreign salary income be declared in the tax return?
Foreign salary income can be reviewed and reported where applicable based on the taxpayer's circumstances and supporting information.
12Can foreign freelance income be included in the return?
Yes. Foreign freelance income can be reviewed and included in the applicable tax filing based on the taxpayer's circumstances.
13Can foreign remittances be reviewed?
Yes. Foreign remittance guidance is available in Basic and Standard, while complex remittance structures may require Premium expert review.
14Can overseas pension income be handled?
Yes. Overseas pension income can be reviewed and included in the applicable tax filing where required based on the taxpayer's circumstances.
15Can foreign bank accounts be reviewed?
Yes. Foreign banking and financial account information can be reviewed where relevant. More extensive or complex financial activity may require Premium review.
16How many bank accounts can be reviewed?
Basic supports review of 1–3 bank accounts, while Standard supports review of 1–5 bank accounts. Extensive banking activity may require Premium expert review.
17Can overseas property be declared?
Yes. Property declaration support is available within the package limits. Basic supports a single property declaration, while Standard allows up to three property declarations.
18Can vehicles and bikes be declared?
Yes. Vehicle and bike declaration support is available according to the selected package and applicable limits.
19Is Wealth Statement preparation included?
Yes. Wealth Statement preparation is included in the Standard package where applicable. Complex wealth statement matters may require Premium expert review.
20What is the difference between Basic and Standard?
Basic is designed for relatively straightforward overseas income and asset profiles, while Standard provides enhanced support for asset reconciliation, wealth statements, multiple banking activity, foreign income reconciliation, property, and remittance matters.
21What is included in the Premium Package?
Premium provides an initial expert review for complex foreign income, assets, banking activity, remittances, foreign tax/residency information, and advanced compliance matters.
22What is the Rs. 35,000 Premium Initial Expert Review Fee?
The Rs. 35,000 fee covers the initial expert assessment of complex overseas income, assets, banking, remittances, foreign tax/residency information, and compliance matters. It is adjustable against the final service fee if the client proceeds with the recommended service.
23Are foreign taxes included in the service fee?
No. Foreign tax liabilities, foreign government charges, and specialized international tax matters are separate unless specifically included in a quotation.
24Is MFA Linking Support included?
Yes. MFA Linking and Monitoring Support is included to assist with secure access to the taxpayer's FBR account and related compliance requirements.
25What happens if my overseas tax case is too complex for the selected package?
IFTS may recommend Premium expert review or a separate advisory service where the case involves multiple foreign income sources, high-value assets, extensive banking, complex remittances, foreign tax/residency matters, or advanced FBR compliance issues.
26Can I register with FBR if no SIM is registered on my CNIC?
Yes. If no SIM is registered on your CNIC, you may use a SIM registered to an eligible person appearing in your NADRA Family Tree / FRC, subject to FBR verification requirements. The family member's CNIC number is required.