José David Cabello congratulated the Venezuelan people for joining the day for the declaration and payment of the ISLR
The National Integrated Customs and Tax Administration Service (seniat) collected a total of 13 billion 800 million 165 thousand 741 bolivars for the pay of Income Tax (ISLR).
The information was shared this Saturday, April 1, by the Superintendent of Venezuela, José David Cabellovia Twitter.
You can read: PATRIA BONUS FOR 5040 BS, WHY DID YOU NOT RECEIVE THIS BENEFIT?
He also reported that the Venezuela tax collection increased 31% in the first three months of the year compared to the same period in 2022.
“Today, April 1, in compliance with the instruction of President Nicolás Maduro, I report that Seniat closed with a collection of 13,800,165,741, that is, 9,542,033 petros,” Cabello said.
Cabello congratulated the Venezuelan people for joining the Seniat event in the declaration and Payment of Income Tax (ISLR).
“It makes us proud as a nation. We will continue collecting for the Homeland”, said the superintendent.
Declare and pay the ISLR
Regardless of their employment relationship, whether salaried or self-employed, every Venezuelan who during the 2021 fiscal year generated income of more than 30 bolivars per year must declare and pay the ISLR. In practice, all citizens of the country with a job occupation must comply.
The requirement constitutes an important impact for the pocket of the taxpayerssince they must not only pay this tax, unlike previous years, but also the highest percentages established by law will be applied.
He legislative framework establishes profit margins, fixed in UT, which indicate how much each taxpayer must pay. The law is constituted so that whoever earns more money, pays a larger portion to the treasury. The rates with the following
By fraction up to 1,000 UT (Bs 20): 6%
Fraction that exceeds 1,000 UT up to 1,500 UT (Bs 20 – Bs 30): 9%
For the fraction that exceeds 1,500 UT up to 2,000 UT (Bs 30 – Bs 40): 12%
Fraction that exceeds 2,000 UT up to 2,500 UT (Bs 40 – Bs 50): 16%
For the fraction that exceeds 2,500 UT up to 3,000 UT (Bs 50 – Bs 60): 20%
Fraction that exceeds 3,000 UT up to 4,000 UT (Bs 60 – Bs 80): 24%
For the fraction that exceeds 4,000 UT up to 6,000 UT (Bs 80 – Bs 120): 29%
Fraction that exceeds 6,000 UT (Bs 120): 34%
In other words, whoever during 2021 generates gross income of more than Bs 120 ($28) must pay the maximum rate contemplated by law and contribute 34% of their income to the treasury.
With information from Diario2001Online