Retención en la Fuente sobre ingresos laborales

Abstract

Withholding at the source is not a tax as such, it is a collection or an anticipated collection at the source of the tax, it is a withholding that is made at the moment of the purchase or rendering of a service. It has 5 elements that compose it, which are the taxpayer, the withholding agent, concept, rate and base. In Colombia, labor income is subject to Withholding at the Source as Income, with a progressive rate according to the amount of the salary; such withholding for salaries has the purpose of gradually collecting the income tax levied on salaried individuals. In our country there are two withholding at source procedures for salaries defined as Procedure 1 and Procedure 2. "Colombian companies will have the necessary knowledge to apply it at the time of a withholding at the source on labor income" ignorance of the rule does not justify the infringement, "Every company in the private or public sector must know the methods of application to withholding on their workers" either by training their assistants or have the professional staff to handle this task, "The company or the worker must know which method best suits his needs." Both methods will be discussed in order to conclude which of them the worker could use in terms of his income and if these are the basis for withholding or not; Since many of the salaried natural persons do not know the reason for the withholding and the company in which they work must ensure that the withholding is applied to the needs of each one.