- Details
- Category: Tax advisory
- Hits: 22
Accounting Bogotá
Can invoicing continue through a POS system?
POS receipts, that is, those generated through a cash register or computer program, may no longer be issued when the purchase exceeds 5 UVT ($212,060 for 2023). This is provided in paragraph 2 of Article 13 of Law 2155 of September 14, 2021, which modifies Article 616-1 of the Tax Code. This means that for sales above that amount, an electronic invoice must necessarily be prepared, especially when the buyer needs to support the purchase as a cost or expense, since amounts invoiced on a POS receipt are not deductible.
Key information
This became effective as of February 1, 2023, according to the schedule established in Resolution 001092 of July 1, 2022.
Therefore, if you are required to issue invoices and had been doing so through a POS system, the most advisable course is to implement Electronic Invoicing if you have not already done so, because buyers will likely request an invoice. It should be noted that once the POS receipt is generated, it is not possible to request that it be replaced with an electronic invoice, and that cost or expense cannot be deducted. This is established in Unified Electronic Invoice Concept 100202208-106-RAD-911 of August 19, 2022, section 3.3.2.1.
Likewise, if you are an income tax taxpayer or are responsible for VAT and need the cost or expense of goods or services acquired to be deductible in the income tax return, or if you want to deduct the VAT paid in the VAT return, those items must be supported by an electronic invoice and not by a POS receipt, regardless of the amount. For example, POS receipts for gasoline purchases are not deductible. Consequently, it is best to request an electronic invoice for all payments made.
If you are thinking about creating your own company, with the DIAN’s free solution you can begin as an electronic invoicer, comply with the rules and avoid possible penalties.
Contact us so that, through professional advice, you can carry out a successful process as an electronic invoicer.
Remember that the first consultation is FREE, or schedule a personalized appointment here.
310 558 91 17 - 313 821 48 03
- Details
- Category: Tax advisory
- Hits: 24
Accounting Bogotá
Tax Value Unit (UVT) value, year 2026
The UVT for 2026 in Colombia was set at $52,374.
Key information
Through Resolution 000238 of December 15, 2025, the DIAN set the value of the Tax Value Unit (UVT) applicable for 2026. This value is used to adjust the amounts contained in provisions related to taxes and obligations administered by the DIAN.
| Concept | 2026 Value |
|---|---|
| Tax Value Unit (UVT) | $52,374 |
| Minimum penalty | $524,000 |
This value is used for different calculations in the assessment of taxes and penalties for omission or late filing.
As a business owner, you should focus your efforts on developing your company’s operations. We take care of the accounting, financial information, correct tax calculation and timely filing of taxes so that you do not incur unnecessary penalties.
Remember that we treat your accounting matter, situation or problem as our own in order to solve it quickly.
Contact us: +57 310 558 91 17 – 313 821 48 03
Schedule your appointment for more personalized advice here.If you need more information, advice or guidance, request an appointment and tell us about your case so we can review the next step..
- Details
- Category: Tax advisory
- Hits: 31
Accounting Bogotá
Supporting Document for purchases made from parties not required to issue invoices
Do you know whether you must generate a Supporting Document for purchases made from parties not required to issue invoices?
Key information
According to DIAN Resolution 167 of December 30, 2021, the required parties had a deadline to implement it beginning May 2, 2022. However, through Resolution 488 of April 29, 2022, the DIAN postponed this obligation to August 1, 2022. Nevertheless, as with Electronic Invoicing and Electronic Payroll, this Supporting Document is already a reality, so implementation is necessary.
But who is required to do it?
You are required to generate it if you acquire goods or services from a supplier that is not required to issue a sales invoice, so that you can document the transaction and have support for costs, deductions or deductible taxes in your tax returns.
If you are an electronic invoicer, VAT-liable party, income tax and complementary tax taxpayer, and you need to support costs and deductions for income tax and complementary tax purposes, as well as deductible VAT, you must generate the Supporting Document.
Do you need more information? Request an appointment or contact us here or at:
310 558 91 17 - 313 821 48 03
Would You Like to Pay Less Income Tax to the DIAN and Less Industry, Commerce and Signage Tax (ICA)?
- Details
- Category: Tax advisory
- Hits: 23
Accounting Bogotá
Would you like to pay less income tax to the DIAN and less Industry, Commerce and Signage Tax (ICA)?
For 2022, 2023 and subsequent years, the rate used to calculate tax in income tax returns for both individuals and legal entities in Colombia is 35%. In addition to the above, ICA tax must be paid on the income received, and the rate depends on each municipality. These taxes represent a very high tax burden, especially for small companies and merchants, as well as for some professionals who work independently.
Key information
By registering under the Simple Taxation Regime (RST), the burden of complying with tax obligations is not only simplified; most importantly, the amount payable as taxes may be significantly reduced because the rates are much lower. RST rates range from 1.8% to 14.5%, and their application depends on gross income and the business activity carried out.
Contact us and we will help you evaluate the possibility of reducing your tax payments.
Remember: the first consultation is FREE. Request it here.If you need more information, advice or guidance, request an appointment here or write to
310 558 91 17 – 313 821 48 03If you need more information, advice or guidance, request an appointment and tell us about your case so we can review the next step.
Schedule an appointment
General contact
