
Increase in Payroll Tax in Mexico City for 2025: Details and fiscal benefits for businesses
Increase in Payroll Tax in Mexico City for 2025
Starting from January 2025, the rate will be 4% on the total amount of expenditures made for the remuneration of subordinated personal work.
Additionally, the reform includes a 1% reduction for companies that can annually demonstrate an increase of 33% in their workforce over the previous twelve months or for those that begin operations.
Furthermore, under the transitional provisions for the 2025 fiscal year, a fiscal benefit of 1% will be granted to micro-enterprises and 0.5% to small businesses, as shown in the following table:
Stratification by Number of Employees | |||
---|---|---|---|
Sector / size | Industry | Commerce | Services |
Micro | 0-10 | 0-10 | 0-10 |
Small | 11-50 | 11-30 | 11-50 |
At Forvis Mazars, our team of professionals is at your disposal for any analysis or specific enquiries regarding this matter.