The Treasury applies withholdings on a monthly

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If done correctly, the Treasury will have to return the excess withholdings. Otherwise, you will have to pay extra to cover your taxes. And of course, the best thing is to go out "to pay back" so you don't have to pay more when filing your taxes. And to do this, here we will explain how these withholdings work and how much they can withhold from you depending on your status and situation. In addition, we will tell you how to calculate them to avoid surprises when filing , and even to use them to your advantage. How does personal income tax withholding work? Why are they holding me?


Withholdings are part of the payroll payments to workers. Basis to Belarus WhatsApp Number ensure the payment of taxes that correspond to labor payroll taxes. Personal income tax withholdings are mandatory. However, the law also contemplates exceptions when the amount is less than the minimums established by the Treasury. In turn, these exceptions also depend on the taxpayer's situation: marital status, number of children, annual salary and special cases . Now, the income subject to personal income tax withholdings is the following.





Work income (employees): includes profits, compensation, whether monetary or in kind, directly or indirectly derived from the employment relationship, statutory or personal (salaries, pensions and social benefits). Returns on capital: includes real estate capital, whether rural or urban property, and the activities carried out in these properties. And movable capital and the activities derived from this capital. Returns from economic activities : such as products and services of all types, including crafts and agricultural activities, activities related to fishing and mining, sports and artistic activities and forestry activities, among others.