The VAT refund It is an economic compensation that drives the Government of Colombia to reduce the impact of this tax on the consumption of goods and services of the most vulnerable population. After making extraordinary transfers for uncollected subsidies for 2023, The program will formally begin this year’s payments during the last week of September.
What is the amount of the VAT Refund?
He Department of Social Prosperity confirmed that the payment of cycles 2 and 3 of this initiative will reach 2 million households that are below the poverty line and It will be enabled from September 30 to October 29.
It is a reward of $100 thousand that will reach two million beneficiariess. The investment by the national government is $200 billion.
(READ: Colombia Without Hunger: how do you know if you are a beneficiary with just your ID?)
What is the means of payment for the 2024 VAT Refund?
The official payment operator to receive this economic program will be the Agrarian Bank. He DPS In the coming days, it will announce the place and method of payment so that beneficiaries can plan and not flock to the entity’s offices.
The entity recommends being attentive to official information and the instructions on how specifically they can withdraw the money, whether at ATMs, correspondents or through digital channels.
(FURTHER: What benefits does group B of Sisbén have and how to check its classification?)
VAT refund
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How do you know if you are a beneficiary of the 2024 VAT Refund?
He Department of Social Prosperity is responsible for identifying potential beneficiaries through the information contained in databases such as the Sisben IV.
Families considered in poverty in the following classification of the Sisben IV They will be covered with the help:
• Households in extreme poverty that classify in the Sisben IV in the following order: groups A1, A2, A3, A4, A5 and indigenous households.
• Households in moderate poverty that classify in the Sisben IV in the following order: B1, B2, B3 and B4.
In any case, being registered in one of these groups does not give immediate access to the VAT refundwhile the DPS prepares the lists of beneficiaries, prioritizing families with certain socioeconomic conditions.
Those who are considered beneficiaries will receive a message to notify them of receiving the subsidy.
How to check if you are a beneficiary?
Households can check if they are beneficiaries on the official page of the program, which will be updated with the new members in 2024:
• Enter this link https://devolucioniva.prosperidadsocial.gov.co/.
• Click the button: “Check here if your household is a beneficiary”.
• Select the type and ID number.
• Select date of birth and click on the button “I am not a robot”.
• Read the information that the platform will indicate to find out if you are a beneficiary of the program.
