Withholding Tax on Toyota Yaris, Corolla, Hilux, Fortuner in Pakistan Dec 2024

KARACHI – Buying cars in Pakistan has become more expensive than ever, especially for those who are not tax-payers as authorities are tightening noose to boost revenue.

The cost of buying a new vehicle has increased due to tax policy that calculates Withholding Tax (WHT) based on engine capacity. Under the updated system, non-filers will pay more than filers as officials replaced previous engine-size-based system.

Toyota Yaris GLI priced at Rs4,479,000, falls under the 1301-1600cc category. The tax for filers is Rs89,580 (2% of the value), while for non-filers, it is PKR 268,740 (6% of the value).

Withholding Tax on Toyota Cars in Pakistan 2024

Models	Engine	Tax for Filer	Tax for Non-Filer
Toyota Yaris GLI	1329	Rs89,580	Rs268,740
Toyota Yaris ATIV X CVT 1.5 Beige Interior	1496	Rs125,100	Rs375,300
Toyota Corolla Altis X Manual 1.6	1600	Rs119,380	Rs358,140
Toyota Corolla Altis X CVT-i 1.8	1800	Rs206,670	Rs620,010
Toyota Hilux E	2750	Rs883,120	Rs2,649,360
Toyota Fortuner 2.7 G	2695	Rs1,159,920	Rs3,479,760

Toyota Yaris CVT 1.5 (1496 cc) comes with price of Rs6,255,000, also falls in same category, and its tax for filers is Rs125,100 and for non-filers, it is Rs375,300. Corolla Altis X Manual (1600 cc), priced at Rs5,969,000, falls in the same engine category, with the tax for filers being Rs119,380 (2% of the value), and for non-filers, it is Rs358,140 which is 6pc of the total value.

For Toyota Hilux E (2750 cc), the car priced at Rs11,039,000, and Toyota Fortuner 2.7 G with a price of Rs14,499,000. Its tax for filers is a staggering Rs1.1 million (8% of the value), and for non-filers, it is Rs3.47 million.