Payroll changes for 2023 are now official!
All the modifications and adjustments that we have been talking about during the last few weeks, and above all, at the close of 2022, are already published in the Official Gazette of the Federation (DOF), which means that they are a fact.
Minimum wages, ISR (Income Tax) 2023 rates and the increase of the vacation period. increase in the vacation period are the issues that we have been waiting so long for their publication and that are now a reality.
Here are the links to the DOF so you can consult everything that is already official and applicable to Mexico:
Minimum Wages 2023
https://dof.gob.mx/nota_detalle.php?codigo=5673550&fecha=07/12/2022#gsc.tab=0
Income Tax Rates 2023
https://dof.gob.mx/nota_detalle.php?codigo=5675764&fecha=27/12/2022#gsc.tab=0
Here you can download the updated ISR tables.
Increased vacation period
https://dof.gob.mx/nota_detalle.php?codigo=5675889&fecha=27/12/2022#gsc.tab=0
Of course, all these changes have an impact on salaries, so we suggest that you make sure that your payroll system is fully updated and performs the calculations without errors.
Finally, we take this opportunity to invite you to our free Webinar on January 11, 2023 at 11 am. In it we will deepen and detail these, and all the other changes coming in the payroll for the next year.
You can register for free here.
We wish you a great closing of 2022, and happy new year and happy payrolls for 2023.
See you next time!
