During the course of the year 2023, the National Government of Colombia will continue to carry out the program Refund of Value Added Tax (VAT), which was established in 2020 as a response measure to the crisis caused by the COVID-19 pandemic. The purpose of this initiative is to provide relief and financial support to those who are in conditions of greater vulnerability. The purpose of this financial aid is to mitigate the impact of taxes on low-income families in Colombia.
The Department of Social Prosperity has announced that families who wish to receive the first payment in 2023 must submit the update requests within the term established by the entity’s municipal offices. This Depor article provides a detailed explanation of this measure and the necessary requirements that must be met.
How to know if you agree to the VAT Refund?
To check your eligibility as a beneficiary of the Value Added Tax (VAT) Refund and confirm if your name appears on the updated list of beneficiaries, you must follow the steps detailed below:
- Access the website devolucioniva.prosperidadsocial.gov.co/.
- Click on the button “check here if you are a beneficiary”.
- In the pop-up window, enter your identification number.
- Make the query to obtain the information you are looking for.
On what dates do you deliver the VAT Refund?
According to the data provided by the Department of Social Prosperity, the disbursements related to the return of the Value Added Tax (VAT) began in mid -December 2022. These payments, of 80 thousand pesos each, were allocated to the homes that were part of the cycles 11 and 12 of the year 2022. In addition, the entity has confirmed that the government has made a new investment with the objective of ensuring the transfer of funds to the registered houses.
Up to now, no specific date has been provided for the disbursement of the Value Added Tax (VAT) Refund corresponding to the year 2023, since the first payment was made on January 10. To be informed about the updated dates of the VAT Refund payments, it is recommended to check the social networks of the Department of Social Prosperity (DPS) or contact the national hotline at 01-8000-951100.
How do I know if I will get the VAT Refund?
It is necessary to have a registration in the Sisbén to be able to access the resources from the Value Added Tax (VAT) Refund, since through this system, the Government has the capacity to identify families in conditions of greater vulnerability and provide them with the corresponding economic support.
To confirm if you are a beneficiary of this program, you can enter your identification number in the “verify here if you are a beneficiary” section. You also have the alternative of contacting the number 01-8000-95-1100 nationwide for more details on this topic.
It is essential to take into account that when accessing the web portal, you are requested to update your data in the Sisbén IV system as the first step to obtain the necessary information about your eligibility to receive the Value Added Tax (VAT) Refund. In this way, you will be able to verify if you meet the requirements of the program or not.