Did you know that you can take advantage of 100% of your Income Taxes (ISR)? Currently there is the platform: www.tudeductible.com, created by Factú Tech, free to use, to guide the taxpayer step by step on how to reinvest without taking money out of their pocket, their contribution to ISR.
On June 15, this new easy-to-use digital tool was formally launched, in which the user only has to enter their data and based on the amount of income, deductible expenses, age and children, an analysis of profile and, subsequently, the most appropriate investment is recommended, in order to get the most out of your taxes.
According to the creators of the platform, the idea arose from the concern of taxpayers (mainly salaried) who pay high amounts in ISR, but were unaware of the deductible expenses to request the income tax refund and how to invest to obtain more money. on the return.
Factú Tech invests much of its time in educating taxpayers, so that they know their tax-deductible expenses and understand how to apply this tax benefit to their lives.
There are tax deductible expenses such as: 100% health; education $3,600 per dependent; mortgage interest$15,000; private retirement plan 10% of income or $15,000; and donations $50,000.
Administrators of pension funds, life insurance and mortgage interest; insurers: medical, life, auto and corporate insurance; private schools, educational services for children under 25 years of age and foundations that can receive many more donations, are industries that can earn with Factú and offer their services as an investment since they are tax-deductible expenses.
Without proper guidance on the use of Income Tax, the opportunity to request its refund is lost, which is why this new application seeks to educate Panamanians and return millions of dollars to the country’s economy each year.
It should be noted that there is no specific date to carry out this procedure, it can be done at any time of the year, taxpayers have the right to request a refund of the taxes they have paid in the last 5 years.
