Within the new package of palliative and relevant fiscal measures that the PEN sent to Congress, title V refers to the income tax.
Not only are the new ones set deductions for family responsibilities, $3,091,035; Deductions per spouse will be $2,911,135 and for each child $1,468,096.
The new table is analyzed as follows.
The minimum for workers will be $1,200,000 out of pocket. Anyone who earns, per month, more than that minimum, and up to $2,400,000, pays $60,000 per month of earnings plus 9% of that surplus.
Example. If you earn $1,400,000 per month in hand, you have a surplus of $200,000.
So, you pay the fixed amount of $60,000 plus 9% of $200,000. ($18,000). That is, in our example, if you win $1,400.00 per month in your hand per month, you pay $78,000.
On the other hand, exemptions are eliminated for the Annual Complementary Salary, bonus, for the difference in the value of overtime and hours worked on holidays, non-working days and during weekends.
The law passed by Congress raised the non-taxable minimum floor for workers and retirees who receive 15 minimum vital and mobile salaries (SMVM).
Source: Ambito
