Here are some recommendations to avoid problems with your annual statement and present it correctly.
Who has to declare?
The natural persons required to file the annual declaration are: those who had 2 or more employers, independent workers who issued CFDI of income (invoices, fee receipts, etc.); workers on payroll who exceeded 400,000 pesos of annual income, those who received income from labor compensation, liquidation, pension or retirement, if they received a prize such as the lottery and those who have income from property rental.
The tax authority has not reported that there will be tax payment extensionsso you have until April 30 to catch up and be on hand with the SAT.
The SAT expects to collect 3.9 billion pesos, which would exceed the amount of 2021 by up to 13%, says Alegra, a billing platform for SMEs and independent professionals, in a statement.
Pay attention
If you are already in the SAT portal and you are seeing the information preloaded on the platform, review the following three points to avoid making mistakes:
Billing
“An orderly and up-to-date invoicing is key for taxpayers to avoid headaches when complying with their tax obligations,” says Alegra.com.
This will also help with calculating deductions as there are no discrepancies. Remember that “this type of movement can be the cause of fines or problems with the SAT,” adds the platform.
“It is recommended that taxpayers rely on electronic invoicing platforms in the cloud, as they will be able to have greater clarity and ease in submitting their annual return, since these tools automatically keep all the information in order and accessible. taxpayer bills. Gerzayn Gutiérrez, strategic leader of the firm in a statement.
deductible expenses
As you know, the deductions authorized by the SAT will depend on the scheme in which you are registered. However, something you should keep in mind is that products or services that are not related to professional activities “the SAT may rule them out as deductibles.”
Remember also that the accepted personal expenses by the authority they have a limit of 15% of annual income, as well as that you have to make the payment via credit or debit card, transfer, check or any other electronic means.
On the SAT page you can find the deductible expenses and the amounts that apply.
returns
There is no better incentive to file the return than the credit balance.
In this sense, the first recommendation is to have your password and e.signature updated, because without them the treasury will not make the refund. If you need to update them, you can do it on the SAT site.
It is important that you verify that the details of the bank account to which the credit balance will be returned are correct to avoid a bad time. here you can see how long does it take for the SAT to return the balance in favor .