Withholding Tax on Suzuki Alto, WagonR, Cultus and Swift Dec 2024

ISLAMABAD – Buying new car in Pakistan has become more expensive than ever after this year’s tax as Withholding Tax (WHT) is now being calculated based on vehicle invoice price rather than engine capacity.

As per details, Filers will pay 1 percent of the car’s value, while Non-filers will pay 3 percent. This updated policy aims to simplify tax calculations and has replaced the previous engine-size-based system.

Taxes on Suzuki Cars in Pakistan

Models	Price	Filer Tax	Non-Filer Tax
Alto	2,331,000	11,655	34,965
Wagon R	3,214,000	32,140	96,420
Cultus	3,858,000	38,580	115,740
Swift	4,336,000	65,040	195,120

For filers, the company’s basic hatchback Alto comes with tax of 0.5% Withholding Tax, which is Rs 11,655, while non-filers incur a tax of 1.5%, which amounts to Rs 34,965.

‘Tall boy’ Wagon R carries tax of Rs 32,140 for filers and Rs 96,420 for non-filers. Suzuki Cultus has price of Rs 3,858,000, with a tax of Rs 38,580 for filers and Rs 115,740 for non-filers.

The company’s top-of-the-line car Swift, which is currently priced at Rs4,336,000, carries a tax of Rs65,040 for filers and Rs 195,120 for non-filers.