This Friday, on the show Yamid asks, Led by journalist Yamid Amat, the President of the Republic, Iván Duc, spoke on some current issues in the country, including the new tax reform.
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The head of state referred to points in this reform which, he announced, will take place at the end of next week in Congress.
He stated, for example, that he supports the proposal to tax the so-called ‘megapensions’, Which, he said, are over seven million pesos.
(Interesting: ‘Tax system urgently needs reform’)
He also explained that pensioners who receive more than 10 million in mass will have to contribute with the protection program to the most vulnerable, but he was emphatic in that “Pensions of less than three minimum wages should not be taxed”.
Duc referred to the recommendations of the Commission of Experts on Tax Benefits, which analyzed the national tax system and delivered its diagnosis this week.
(In context: The expert recipe for VAT, 4 x 1,000, income and other taxes)
For the first president, at this time it is not advisable to eliminate the 4 × 1,000 tax on financial transactions, As suggested by the Commission, which noted that this is an anti-technical levy.
Duke said there were no conditions to do so. However, he extended an invitation to Congress to discuss the possibility of phasing it out in the future.
On the other hand, he assured that “there will be no VAT for the basic family basket of food and services”, although he clarified that whether this tax will be levied on products consumed only by “elites”.
Thus, he reiterated the announcement he had already made in dialogue with EL TEMPS journalists about having given clear instructions to his team on the non-inclusion of staple foods such as meat, chicken, eggs and milk.
(Also: Products that should pay VAT and those that do not, according to experts)
With this new reform, the National Government expects to raise about 1.5% of GDP to offset the fiscal deficit and pandemic care costs.
One of the most talked about proposals, and which has generated controversy, is the possibility that the income tax for natural persons will begin to be paid from income of 2 million pesos per month. . In fact, a government source told this newspaper that a new rate of 2 per cent would be applied to new taxpayers, Which means they would pay 120,000 pesos in income tax a year.
However, in this Friday’s interview, the head of state did not specify the amount from which the tax would be imposed, he only explained that the idea is that people who have the most income continue to pay and that those who do not pay now are in solidarity with the most vulnerable.
(Read also: Duke defends Sants and Uribe in case of ‘false positives’)
Duc also called for the tax reform that his government will process to be called “the agenda for sustainable social transformation.”
In this regard, he also explained that in this agenda contemplates maintain the payroll subsidy for the rest of the year and that both the Solidarity Income and the VAT refund are permanent and with higher amounts.
It should be remembered that these three measures were created in the framework of the health emergency to help those most affected by the pandemic.
Precisely on the pandemic, the first president confirmed that more than a million doses of the vaccine will arrive in the country this Saturday. On the one hand, the first batch of 245 thousand doses of AstraZeneca, through the COVAX mechanism. On the other, 774,320 doses of Sinovac.
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ELTIEMPO.COM