The Tax Administration Service (SAT) has specified which incomes are exempt from taxes for the year 2025. It is crucial for taxpayers to know this information to avoid tax problems.
According to the SAT, exempt incomes are those on which no Income Tax (ISR) is to be paid, and they can be consulted in Article 93 of the Income Tax Law.
Among the most notable tax-exempt incomes are:
- Benefits other than salary for minimum wage workers, as long as they do not exceed the established legal limits and comply with labor regulations. - Labor compensation for work-related risks, illnesses, or dismissals in accordance with labor laws or collective contracts. - Retirements and pensions from retirement systems, lifelong pensions, and benefits from the Universal Pension Law up to 15 times the daily minimum wage. - Reimbursement of medical, dental, hospital, and funeral expenses according to labor contracts. - Social security benefits such as disability subsidies, educational scholarships, childcare services, and other general social benefits. - Income from housing sub-accounts and housing benefits granted by employers that meet the deductibility requirements.
Additionally, exempt incomes include social security contributions, severance pay, retirement pay, and compensations within legal limits, as well as justified bonuses, commissions, and per diem allowances.
The gain obtained from the sale of a primary residence is also highlighted, which is exempt from taxes if it does not exceed a specific amount and the legal requirements are met at the time of the transaction.
It is important to remember that, although these incomes are exempt from taxes, it is essential to keep documentation that demonstrates their nature. The SAT may request the corresponding receipts to verify that they are indeed exempt incomes.
With the arrival of 2025, taxpayers in Mexico have the opportunity to clarify which incomes are not subject to tax payment according to the SAT specifications, which can make a difference in tax compliance.
