Hunza residents' FBR returns usually cover salaries earned down-country, import businesses and property, while local income follows GB's arrangements. This page explains what to include.
Salaries Earned Down-Country
A Hunza engineer working in Islamabad reports salary and tax withheld from the employer's certificate. Allowances and benefits are shown as on the certificate.
Import Businesses
Traders using Sost show purchases, duties, freight and sales. Advance tax collected by customs is listed by goods declaration and claimed where adjustable.
Guest Houses and Hotels
Where a return covers tourism income, it shows room income less staff, food, utilities and maintenance, with depreciation of buildings and furniture.
Orchards
Fruit from family orchards is agricultural income.
Wealth Statement
Houses, land, guest house buildings, vehicles and balances in Hunza and elsewhere are listed, since the wealth statement covers all assets.
Remittances Within the Family
Money sent home by children working in cities is a receipt for the parents, shown in their wealth statement.
Teachers and Health Workers
Staff of schools and hospitals in Hunza run by private institutions have tax withheld by their employers; their returns copy the salary certificate.
Students Funded by Family
Students studying down-country whose fees are paid by parents do not need to declare the fees as income.
Rent from Rooms and Shops
Families renting rooms to seasonal staff or shops in Aliabad's bazaar should note where that income arises when deciding how it is reported.
Also see tax consultant in Hunza and NTN registration in Hunza.
Frequently Asked Questions
Do I list my Hunza house in my FBR wealth statement?
Yes, the wealth statement covers all assets.
Is money from my son in Karachi income?
No, it is a receipt shown in the wealth statement.
Can I claim customs advance tax?
Where it is adjustable, it is credited in the return.