The auto insurance policies are also a tax receipt that could be available to you at the time you are hiring with your respective insurer, as it will be like your contract is fully deductible in your expenses according to the type of regime to which you belong and in this sense as a tax receipt it is very important that at the moment of being able to purchase your insurance policy you can continue with your process to the declaration of your taxes, converting your car insurance into an electronic invoice that can automatically be used as a tax receipt so that you can make all kinds of deductions that are possible.
A tax return is a document that according to the type of taxpayer that you might have to present with the intention that it complies with certain obligations stipulated specifically by the tax authorities, this is how you can show all the expenses and income obtained during a tax return. determined term element.
In the event that you can be registered with the employee scheme, it is very important that to be able to deduct your car insurance as a tax receipt, you must follow a series of requirements and scheme can be requested in which the Disability that your policy is being duly matched to what you request by means of a credit, debit card and even with any type of electronic means to make the checks will not be valid as a tax receipt.
Once you can request your billing it is very important that you pay attention to all the data that can be placed in the document, so that you can verify that your RFC, the address that is registered in the SAT and all your other data such as your name or denomination in case of being a company that is correctly in the tax receipt.
Finally for the education of your vehicle insurance as a tax receipt can conclude satisfactorily with all the aspects that are taken into account, as it is very important that they can meet certain parameters such as your profession and occupation, this will be delivered your interviews, prospections of clients among many others, this if you are from a company, while as a vehicle for this to be completely your process in the tax return, being how I can help you to comply with all the guidelines that are required by the SAT.
Buy a car is the strongest expense we make to add to our assets only after a property, that’s why what can be considered it is very important that you know every detail about the expenses that you can incur with the purchase and its Use within the use of a car is included in the payment of insurance.
For the majority of Mexican workers, you speak of accounting or taxes is synonymous with speaking in another language and is that talking about the subject is unusual and otherwise is completely difficult for those who have no knowledge in the matter.
However, it is very important to know our rights and the benefits that they bring to us but above all, they can know what our obligations stem from this issue.
This is what we can inform you so that you know when and if your car insurance is tax deductible so that you can clear up doubts about it and once you know how to do it. If you are looking for car insurance deals then read this article.
First of all, you have to know what regime you are in. Among the different tax regimes that exist in Mexico:
- Business activities.
- Fiscal incorporation
Depending on what regime you can find are the tax obligations they have, including statements, which are the means to deduct items such as insurance for your car.
A tax return is nothing more than a document that we as taxpayers have the obligation to deliver to the national tax authority.
The documents can show the number of expenses and income that are held in a certain period of time, in order to show that we are complying with our tax obligations.
If you are in the regime as a salaried worker, that is where you have fewer obligations, but there are also beneficial minors. In this regime where it is not necessary to keep an accounting or make or take charge of electronic billing.
Lease of real estate you are exempt from keeping accounts but still, you can and do electronic invoices.
In the rest of the regimes you must take charge of each one of the obligations that are:
- Keep the RFC information up-to-date
- Electronic invoicing
- Other obligations
As you see, the statements are mandatory regardless of the regime in which you find yourself, however, not everyone can deduce the same concepts.
In the specific case to be able to deduct an auto insurance, it is possible for all the schemes for the employee. This is because you can not incur the use of the car to be able to manage the productivity of your company as it would be done in any of the other schemes, since if you are a salaried employee and want to deduct car insurance, the only way to achieve it is that you register in the angle of the other available regime. It is important that you know to emphasize that it is not only about increasing the fiscal obligations, but also about maintaining it.
If you find yourself in any of the other schemes, all you have to do is make sure you make the corresponding payments for the auto insurance through credit card, due, due or any electronic means with which you can verify said payment, since you pay with cash, your voucher will not be valid.
Pay special attention to the data in the invoices and what is important to verify that they can include in your RFC, the address with which you registered in the correctly written SAT and your name or company name.
To be able to deduct the car insurance policy, you must justify what it is for the fulfillment of your profession or occupation, as deliveries, interviews, customer prospecting or follow-ups to them.
Although it is easy to perform these steps, we recommend that in case of doubt consult the SAT portal, so that more specific cases, do not hesitate to consult your trusted accountant.
And What Is A Fiscal Voucher?
When we talk about the tax receipt, we can refer concretely to the document that is received once as a user to perform the acquisition or service, issues of being able to include also the temporary acquisition of real estate that is also known as the rent or lease of a home, this is how the types of uses are differentiated since a tax receipt can be based on two types of groups, which in these cases is concentrated on those who are adequately complying with each and every one of the financial requirements that are special the vouchers used for fiscal, while on the other hand, you can find those that are located as simplified vouchers.
What is really serious is that a tax receipt can be based on an electronic or digital invoice, which is why there is also the temporary acquisition of real estate that is also known as rent or lease of a home, that is how you can distinguish the types of uses, since a fiscal voucher can be based on two types of groups, which in these can be specified in those who are adequately complying with each and every one of the fiscal requirements, while on the other hand, they are in those who can locate as simplified vouchers.
The truth is that a tax receipt can be based on being an electronic or digital invoice for which reason there may also be currently the digital tax receipt, all these will be the documents that can be lived with the intention of making the Necessary descriptions for the specific questions about the costs will be documents that will serve with the intention of making the necessary descriptions for the specific questions about the costs on the part of services, as well as the breakdown of the traditional vouchers that are with the paper in order to guarantee the authenticity in question of its origin, as well as the integrity of the content that can be involved in these procedures.
In this way it is important how a tax receipt can become the most efficient and functional tool on what legally corresponds to its own nature, that is to say that electric bills can be stored, managed and exchanged by all digital means and always when it has the validity that can be requested in a legal manner, as well as being supplemented by electronic signatures, provided that it has the validity that a legal form is required, as well as being supplemented based on the electronic signatures that can allow it to eliminate the invoice on paper.
On the other hand, the tax receipt is required to meet and meet a series of requirements and characteristics in which you can establish all aspects that should be followed in terms of tax legislation, as these are vouchers that can allow a decrease on the expenses that they demand according to the income that is also known as a deduction, while the decrease in taxes will be what they will have according to the income that is also known as a deduction, while the decrease in taxes will be what will have to charge all the accredited ones, as well as the verifications by the income by which the income can be perceived of certain operations.
It is important that we can observe that a fiscal voucher is the one that simplifies all the deliveries to the people that can be in charge of providing services or in the sense of the sale of goods to a general public, thus issuing certain aspects so that they can be fulfilled all the fiscal guidelines, being as well as the only voucher that at present can be used are the previously mentioned electronic invoices with this opens the way for the fiscal voucher to be extended.