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Will you issue a fee ticket?: Find out how much the withholding tax will be withheld by SII this year 2023

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SII also reminded that from January 1, “all fee tickets must be issued electronically.”

of Internal Revenue Service (SII) reminded the issuer Paid ticket This 2023 retention rate is 13% .

Note that the withholding tax increase will be 0.75% per annum until reaching 17% in 2028.

SII also states: “Remember, those who have a balance on their joint and several loans will be kept an additional 3%.”

13% withholding from invoice to fees

From 1 January 2023, 13% withholding on each fee ticket issued (12.25% withholding was in effect until December 31st) 2022).

This example, disseminated by SII, Recalculation ,It will be executed automatically Each time the taxpayer issues this document:

-You received: $100,000.
-13% withholding calculation: $13,000 (on the amount collected).
-Final amount: $87,000.

Finally, the service has highlighted that since January 1st “All fee tickets must be issued electronically.”

Source: Biobiochile

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