Finally the reduction of withholdings and income advanced payment has been partially brought forward, from 2016.OnJuly 12, 2015, in addition to thementionedreduction insalaries,a reductionin payroll taxesfor other concepts occurs:yieldsof economic activities,deductionsfor rentalandinvestment income, among others.

  • Our payroll will not notice the change until August.

The reductionapproved for employment withholdings, will bemandatory forpayrollsthat are paid as of August 1, 2015, although companiesmayfreelyapply them fromJuly 12. Likewise, reducing the average ratesofretentionwill meanthe regularization of allpayrollscollectedfromJanuary 1, 2015.

  • Reduction of rates applicable to investment income.

Also approved an average rate income applicable for 2015.cuadro 1 ingles