Retención en la fuente por pagos laborales mediante el procedimiento 1

Abstract

This writing is carried out in order to make a withholding at the source for wages. The withholding at source for wages is intended to progressively collect or receive the income tax obtained by salaried individuals. The tax legislation considers withholding at source through two procedures: Procedure 1, which is found in article 385 of the tax statute, and refers to the fact that each month the percentage that belongs to the amount of the salary received by the worker must be determined. In this procedure 1, the calculation is made individually for each month, so that the salary that the worker has received in the immediately previous months is insignificant. Procedure number 2 is found in article 386 of the tax statute, which refers to the fact that a fixed percentage applicable every six months must be determined, so that every six months the withholding percentage is established that will be applied month by month in the following semester. With procedure 2, it must be calculated in the months of December and June of each year, and the average term of the 12 months prior to the month in which the operation must be carried out must be taken.