You may not know it, but the per diem and travel expenses can be deductible before the SATbut the important thing is that you know which ones you can deduct before the SAT, since these must be part of work reasons.
In this way, the SAT can return the deductible travel expenses if you meet certain requirements, therefore, in The Truth News We tell you which ones do and which ones do not apply.
Let’s start by knowing what is known as per diem. These are the expenses that are incurred when an activity is carried out that implies that people move outside the work area.
What are the deductible travel expenses before the SAT?
Being an element to facilitate work activity, travel expenses are deductible,
The Income Tax Law says that per diems can be deductible because they facilitate the work activity of people.
What travel expenses can be deducted before the SAT?
- Lodging
- Meal
- Transport
- Gasoline
When can travel expenses be deductible?
The work activity must be carried out more than 50 kilometers from the official place of work, in addition, the person who makes the expenses must have an employment relationship with the company and a receipt must be presented that covers all the fiscal requirements that the SAT requests.
Also, it must be considered that the per diems deductible before the SAT are only those paid by credit or debit card and that these expenses have a CFDI or voucher that covers the payment.
It may interest you: SAT: What personal deductions are included in the annual declaration?
What are the limits of deductible travel expenses?
Deductible per diems can be classified into: expenses for food, transportation, lodging, seminars or conventions, and temporary use of automobiles.
- Food expenses: The limit in Mexico is $750.00 per day, for foreigners $1,500.00 per day.
- Transportation: There is no deductible per diem limit.
- Lodging: In Mexico there is no spending limit, abroad, it is $3,860.00 per day.
- Car rental: They have a limit of $850.00 per day.
Expenses for seminars or conventions: You must present a receipt detailing all the expenses in the tax receipt.
Mileage expenses: If the person is using his own car to get around, the deduction may not exceed 93 cents per kilometer traveled. And the total mileage may not be greater than 25 thousand kilometers per exercise.
How do I submit the tax receipt for deductible travel expenses?
The employers will give the workers a certificate and tax receipt with the total cost of the travel expenses that were paid in that year.
Another way is by presenting the payroll CFDIs with the stipulated per diem breakdown. Deductible travel expenses must appear on the payroll voucher in the “Other payments” field and using code 003, which corresponds to “Travel expenses delivered to the worker.”
On the other hand, the per diems that cannot be verified or do not comply with article 152 of the Regulations of the Income Tax Law, must be placed in the payroll CFDI as Perception Type with code 050 (per diems).
In this way, you will be able to deduct your travel expenses before the SAT without having problems, since these are to promote work activity.
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