Tax Compliance 2026 – Individuals

1.    Electronic information 2026

In accordance with Ruling 162 of 2023, modified by Ruling 000188 of 2024, individuals who have obtained incomes from the following concepts and amounts are obliged to file electronic information corresponding to the fiscal year 2025:

• Gross incomes equal to or higher than $587.628.200 in fiscal year 2025.
• Gross incomes equal to or higher than $119.517.600 in the year 2025, received for the following concepts:

 

1.     Capital income: those obtained by concept of leases, financial yields, among others.

2.     Non-labor income: all those different from i) labor income (e.g., salaries, fees, commissions); ii) dividends; iii) pensions; and iv) capital gains.

Additionally, the Ruling established that individuals who applied to the Simple Taxation Regime, and who during the taxable year 2025 obtained gross incomes equal to or higher than $587.628.200, will be obliged to submit the electronic information report, regardless of the type of income.

Finally, if you meet the requirements, this obligation must be fulfilled between may 14th and june 12th, 2026 (the deadline in each case will depend on the last digits of the tax ID).

 

2.    Wealth tax 2026

Wealth tax is levied on national or foreign individuals, illiquid inheritances, as well as foreign companies or entities that are not income tax filers and that own assets located in Colombia, with some exceptions.

Such tax is triggered by the possession of liquid assets equal to or higher than 40.000 UVT (COP $2.094.960.000) as of January 1st, 2026, and its tax return must be filed between may 12th and 23rd, according to the last digit of your tax ID. This will only apply to the year 2026, in accordance with the provisions of Section 4 of Decree 1474 of 2025.

It should be noted that this tax is separate from, and complementary to, income tax, meaning that the obligation to file and pay it is not superseded or offset by the income tax return for the same year.

 

3.    Income tax 2025

In accordance with Section 592 of the Colombian Tax Code, the income tax return for the taxable year 2025 must be filed by tax residents who meet one of the following conditions: 

• Obtaining gross incomes higher than 1.400 UVT (COP $69.718.600) during the year 2025.
• Having a gross net worth of more than 4.500 UVT (COP $224.095.000) during the year 2025.
•  Purchases through credit cards higher than 1.400 UVT (COP $69.718.600) during the year 2025.
• Purchases for a value higher than 1.400 UVT (COP $69.718.600) during the year 2025.
• Bank deposits, or financial investments greater than 1.400 UVT (COP $69.718.600) during the year 2025.

Non-tax residents must only file the income tax in Colombia related to the national source incomes if such incomes were not subject to withholding tax for payments abroad (Sections 407 and 408 of the Colombian Tax Code).

This obligation must be complied with between august 12 and october 24, 2026.

 

4.    Assets from abroad return 2026

Finally, it is important to consider that Colombian tax residents who own assets abroad with a value higher than 2.000 UVT (COP $104.748.000) must comply with the obligation to file the assets from abroad return on the same due date as the income tax return.

This obligation remains even when no tax is payable, provided that the threshold for assets held abroad, established by the regulation, is exceeded.

Proper compliance with these obligations allows you to avoid penalties for late filing, inaccuracy, or omission, as well as possible requirements from the tax authorities. We recommend reviewing each particular situation in a timely manner and seeking specialised advice.