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February 22, 2025
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The money limit that must have in your virtual wallet so as not to declare income

The money limit that must have in your virtual wallet so as not to declare income

Currently, in Colombia, Digital wallets have been very helpful for peoplewho use their platforms to make their respective transfers. But as time passes There are consultations related to The maximum amounts to declare income before the National Taxes and Customs Directorate (DIAN).

To avoid some surprise, it is important to know what are the limits that the authorities have established for this nascent 2025 and therefore it is necessary to resort to the information that has been provided in Decree 2642 of 2022.

The monthly limit of its transactions will be $ 10,482,689.50 for a month
. If you exceed that amount, you are obliged to declare income.

If during 2024 the total transactions in these digital media exceeded $ 65,891,000
You will also have to present this tax documentation.

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In the event that transfers greater than $ 3,236,935,
You must pay the tax linked to 4×1000.

It should be added that the Tax Value (UVT) units by 2025 had modifications in consideration the previous year. $ 2724 pesos increased and reached an amount close to $ 49,799 pesos.

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What is the income statement?

What is the process to follow to report a scam?

Dian

It is information requested by the DIAN to calculate the Income and Equity Tax. It is a very simple process to perform and therefore the following variables must be known precisely: the money you receive for your services, the silver you spend, financial movements and what you have.

(Read: How is the ‘smell of old’ eliminated? There is a form recommended by experts)

If you have any concerns about the completion of the Income Declaration Format, you can approach the entity’s offices directly
to be advised by an official and know what is the amount that must be paid in order to fulfill their obligations.

You can even request the help of a trusted accountant, who will ask for your financial information so that you can deliver the corresponding documentation.

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