Reminder from the Tax Agency
In the midst of the Income Tax declaration campaign, the Tax Agency makes an important reminder. According to the union of technicians of the Ministry of Finance (Gestha), there are taxpayers who are still unclear about what they must include in the draft.
Technicians regret the great ignorance that still exists about taxes in our country, especially in relation to personal income tax.
Recommendation for separated and divorced
The Finance Ministry’s trade union makes a key recommendation for separated and divorced taxpayers. It is important to modify the draft before confirming it and submitting it to the Tax Agency.
For example, many separated or divorced taxpayers give compensatory pensions to their ex-spouse, but forget to include the reduction in tax base.
In addition, there are people who don’t know that they can reduce the progressivity of income for the amounts paid in annuities as child support.
Compensatory pensions and alimony pensions
The Tax Agency reminds that compensatory pensions in favor of the ex-spouse due to separation or divorce reduce the taxable base. These pensions are established in the regulatory agreement. Also maintenance pensions in favor of family members, other than children, have this effect.
It must be taken into account that these pensions reduce the taxable base of those who pay them, without it being negative. In addition, if there is a remainder, they also reduce the taxable base of the savings in the income statement.
Data on separations and divorces
Between the years 2011 and 2022, 1,115,514 separations and divorces took place in our country. In 57% of the cases, alimony payments were established for the children, and in 10% they were also established for the ex-spouse.
Importance of knowing the regulations
It is important to know what must be included in the draft in order to save on taxes according to the regulations. However, there are still many people who do not know this point of the Income statement.