The authorities of the Tax Administration Service warn to all taxpayers for the Maximum amount that natural and legal persons will have to deduct bills generated during the previous fiscal year. With this information from SAT you can Pay less taxes with the Annual statement during this 2024which is currently received by this fiscal body.
There are several types of bills what can you deduct for Pay less money in the taxes What will you put inside the Annual statement of this 2024. These are in basic services such as education, health and school transportation, since when the state cannot cover them, it gives taxpayers the opportunity to cover these services out of their own pocket with the promise of reducing the collection of Income Tax. or ISR.
Likewise, the bills funeral expenses and donations are also tax-free and can be deduct for Pay less taxes in the document of the Annual statement for this one 2024, which contains all the income and expenses of the fiscal year of the previous year. However, all these deductions have a Maximum amount and it is this figure for which warns he SATin order to collect the balance in favor.
SAT warns about maximum amount to deduct expenses and pay less taxes in annual declaration
The tax authorities of the SAT have introduced this Maximum amount of the bills that can be deduct as part of a broader effort to improve revenue collection taxes and ensure equitable distribution of the tax burden among taxpayers. By establishing a clear and defined limit, it is hoped to reduce the possibility of tax evasion and promote greater transparency in the Mexican tax system.
He SAT warns that with a Maximum amount established at 113,532 pesos, taxpayers must prioritize their deductions and consider how to optimize their tax situation within this regulatory framework. This will be the limit of the bills that they will be able deduct with the intention of Pay less in taxes within the annual declaration of this 2024.
Although there is that within the Annual statement of taxes you can deduct expenses personal, these can only amount to 15% of what you declare, all this in accordance with the ISR law that continues in force this 2024 with the SAT. It is noted that this figure is obtained based on the UMA or Updated Unit of Measurement, with which