Every little thing you want to know


Do not forget that, in case you are a pure particular person, you have got till April 30 to make your assertion on the portal or in particular person.

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This text was translated from our Spanish version utilizing AI applied sciences. Errors might exist on account of this course of.


April begins and with the fourth month of the 12 months comes the ultimate interval to current the annual return for people set by the Tax Administration Service (SAT)!

We all know that submitting your annual return could be very complicated, which is why Bontu consultants give you some suggestions. What’s the annual declaration?

It’s the fiscal 12 months that’s used to report back to the SAT all our annual revenue and bills exercise, in order that we will calculate how a lot we should pay in taxes. For instance, for this 12 months, we should report back to the SAT the whole lot that was entered and spent in 2020.

Variations between pure particular person and authorized particular person?

For the SAT, there are two varieties of taxpayers: Bodily individuals and Ethical individuals. People could be anybody who’s of authorized age, of any intercourse, and of any nationality, who has a marital standing and is able to producing rights and obligations, individualized by a correct title. As a Ethical particular person, it’s a group of two or extra pure individuals who set up a kind of firm, a enterprise title, and that the legislation offers them authorized capability to have rights and obligations.

How do I do know wherein tax regime I’m registered?

On the SAT web page it is possible for you to to seek the advice of the various kinds of tax regimes for people, however the most typical are the regimes of Salaries and Salaries and Worker Assimilated Earnings, Enterprise and Skilled Actions and the Tax Incorporation Regime.

What are the necessities to make your annual declaration?

In case you are a pure particular person and have one among these traits, you have to submit your annual return:

  • When you’ve got multiple job, that’s, when you contribute with two or extra employers or have two or extra revenue.
  • For those who present skilled companies by way of the payment scheme.
  • In case you are the proprietor of a property and also you cost hire for it.
  • For finishing up enterprise actions (industrial, industrial, agricultural, livestock, forestry, fishing, and motor transport).
  • By alienation of property, that’s, when you transferred property from one property to a different by way of a authorized act (buy – sale).
  • For the acquisition of products. If the sum of your wage (s) is bigger than $ 400 thousand pesos per 12 months (or with further revenue to a single employer).
  • When you’ve got investments overseas and also you earned curiosity for it.

You shouldn’t neglect that when making your annual return, you have to current all of the revenue you obtained, (don’t forget to incorporate all of the digital invoices or CFDI that you simply issued with your online business title), private deductions, which embrace well being, schooling, funeral bills, Amongst others, (if you wish to know the entire record, click on on this hyperlink ), provisional funds (that’s, your month-to-month statements relying on the regime wherein you might be the place revenue tax and VAT are declared) and withholdings (that are discuss with the quantities that should be discounted, for the idea of revenue tax

You shouldn’t neglect private deductions, which embrace well being, schooling, funeral bills, amongst others / Picture: Depositphotos.com

What paperwork do I must make my annual declaration?

Along with the paperwork talked about within the earlier level, you may make your annual assertion on-line on the microsite enabled by the SAT or make an appointment in particular person, however it is best to keep in mind that on account of COVID-19 and the saturation of appointments it’s attainable that this not a great choice. Don’t forget to all the time have your e. Signature, your password and your RFC at hand, in addition to a checking account with its respective CLABE (in case of being a creditor of a tax refund and this will likely be made no later than July 31, 2021) since these components are important to make the annual declaration.

Do not forget that, in case you are a pure particular person, you have got till April 30 to make your assertion on the portal or in particular person. For those who do it on-line, the system is pleasant and guides you step-by-step by offering the information that we beforehand described. When you’ve got any questions, we advocate you strategy an accounting agency for recommendation in your return. Do not forget that if you don’t submit your annual return, the SAT will impose a superb that may vary from 1,400 to 17,370 pesos for every of the undeclared obligations.



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