To make payments quickly and efficiently, many people often use their Debit. Among the functions of this financial instrument is making transfers between accountsbut you should know that this is usually not one of the best ideas, because the Tax Administration Service (SAT) it will always have you in its sights, so it is necessary to be aware of what is the reason why you should avoid doing it.
The main reason why you could get into tax problems with the Treasury for making transfers is that the SAT knows that several individuals or companies make them between their own bank accounts, so it raises suspicions and they have you with greater observation.
One of the most common situations is when they need cash and the solution is to resort to transfers between their own accounts to get it, but it is done from a payroll card and since the bank is around the corner from the interested party’s home, then this is the most effective solution in your opinion.
What happens with the SAT when you transfer money between your accounts?
Making bank transfers between your own accounts gives the possibility that the SAT considers them as part of your income, therefore, it is quite likely that transfers between accounts are confused as an increase that does not generate taxes and this can cause problems in the future. .
It is necessary to know that the treasury is not in charge of checking bank accounts, only the bank report upon receiving cash deposits that exceed the amount of 15 thousand pesos. There is no transfer limit other than the balance you have available on the condition that the cardholder does not have any payment withheld.
Transfers between own accounts
In the event that you resort to these bank movements, you must present the documents that prove your transfers between your own accounts and confirm that it is not cumulative income such as:
- Way to pay
- Bank statements
- Check number or transfer report
- Source of amount deposited
- Work paper.
On the other hand, never add phrases that are joking or use strange or false names, avoid words related to weapons or drugs that are related to illegal activities, or use simple titles such as “food”, “cinema”, among others.
Finally, to clarify your doubts, making transfers that exceed 15,000 pesos can cause the SAT to keep an eye on you, since doing so can get you into tax problems, since you must justify it.
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