FAQs
Frequently Asked Questions (FAQs) about TaxAible
This FAQ addresses common questions about how TaxAible works, who it's for, and how it helps you file your FBR tax return.
General & Core Functionality
1. What is TaxAible?
TaxAible is an AI-powered tax assistant that uses natural language to simplify tax filing. It helps users gather information conversationally, automatically preparing and optimizing returns, and filing securely with real-time accuracy and compliance.
2. Who should use TaxAible?
TaxAible is designed for a broad audience, including individuals who struggle with the complexity of tax processes. It's especially beneficial for:
Employed Individuals: Particularly the 70 million non-filers in Pakistan who face issues like low financial literacy and a lack of awareness of tax rules.
Small Business Owners and Freelancers: These emerging, underserved segments are often willing to pay for automated compliance and frequently rely on informal bookkeeping that can lead to misreporting.
Users needing accessibility: The platform removes jargon and reduces dependence on accountants, making filing accessible to everyone.
3. How do I file my taxes using the AI?
You file your taxes simply by chatting with the TaxAible assistant. You can dictate your salary, assets, and expenses in plain English or Urdu. The AI understands the context and automatically fills out your wealth statement, income, and deductions.
Accuracy and Optimization
4. How does TaxAible ensure I get the maximum tax return?
TaxAible uses Personalized Tax Optimization. Intelligent algorithms analyze your financial profile to maximize deductions and ensure high accuracy, tailoring tax solutions to your specific needs.
5. Can TaxAible help with expense tracking?
Yes. TaxAible features AI-powered wealth statement optimization that can use secure bank statement integration to auto-analyze transactions, identify deductible expenses, and maximize tax efficiency with minimal manual input.
6. Is the filing process compliant with FBR rules?
Yes, the platform automates calculations and compliance with FBR rules. It files returns securely with real-time accuracy and compliance.
Pricing and Cost
7. What are the pricing options?
TaxAible offers three main models:
Subscription Model (Individuals): Basic filing costs Rs 500 and Premium filing costs Rs 3000. Premium filing includes a professional accountant’s review.
Commission Model (Normal Users): You pay 15% of the rebate or tax saved/refunded, with no upfront cost.
Licensing Model (Enterprise): This model is available for individual (Rs 50,000/year) and enterprise (Rs 500,000/year) professional use.
8. Why is filing with TaxAible important for my financial future?
Filing with TaxAible helps you become an Active Taxpayer (ATL). Millions of eligible taxpayers are unaware that being an ATL provides tangible benefits, such as lower withholding taxes, easier financial access, and legal protection.
Last updated