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CO Tax 2018

Colombia Tax Tables 2018 - Tax Rates and Thresholds in Colombia

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This page contains the tax table information used for the calculation of tax and payroll deductions in Colombia in 2018. These tax tables are used for the tax and payroll calculators published on iCalculator™ CO, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Colombia or would like to add to or suggest amendments to the information herein then please contact us.

Colombia Personal Income Tax Tables in 2018

The Income tax rates and personal allowances in Colombia are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Colombia Tax Calculator 2018.

Colombia Residents Income Tax Tables in 2018
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
0%Income from ₱ 0.000.00to ₱ 1,090.00
19%Income from ₱ 1,090.01 to ₱ 1,700.00
28%Income from ₱ 1,700.01 to ₱ 4,100.00
33%Income from ₱ 4,100.01 to ₱ 8,670.00
35%Income from ₱ 8,670.01 to ₱ 18,970.00
37%Income from ₱ 18,970.01 to ₱ 31,000.00
39%Income from ₱ 31,000.01 and above
Colombia Non-residents Income Tax Tables in 2018
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
35%Flat rate on all taxable income

In Colombia, social security deductions made by employees are generally deductible when calculating taxable income. This means that the contributions towards social security programs, such as pension, healthcare, and occupational risk insurance, can be subtracted from an individual's gross income. As a result, these deductions lower the taxable income of employees, thereby reducing their overall income tax liability. This practice aligns with Colombia's tax policy, which aims to provide some relief to employees by recognizing their contributions towards social security in the income tax calculation.

Colombia Social Security and Payroll Deduction Rates in 2018

In Colombia, the social security system involves contributions from both employees and employers, which are directed towards various social welfare programs. These programs are designed to provide benefits and support to workers and their families.

Colombia Social Security in 2018: Rates for Employers and Employees
CategoryEmployeeEmployerTotal
Pension Solidarity Fund4%12%16%
Medical plan4%8.5%12.5%
ARL0%6.96%6.96%
Parafiscales - Clearing Box0%4%4%
Parafiscales - ICBF0%3%3%
Parafiscales - Seine0%2%2%
Colombia Social Security and Payroll Deduction in 2018: Earnings Thresholds for Employers and Employees
CategoryEmployeeEmployer
Min.Max.Min.Max.
Pension Solidarity Fundn/an/an/an/a
Medical plann/an/an/an/a
ARLn/an/an/an/a
Parafiscales - Clearing Boxn/an/an/an/a
Parafiscales - ICBFn/an/an/an/a
Parafiscales - Seinen/an/an/an/a

Colombia VAT Rates in 2018

VAT rates for Colombia are reviewed annually, you can use the VAT Calculator to calculate VAT due in Colombia or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Colombia VAT Rates
VAT RateVAT Description
0%Zero Rated
5%Reduced Rate
19%Standard Rate

Historic Tax Tables supported for Colombia

The following tax tables are supported by iCalculator™ CO as part of the suite of free tax tools we provide for Colombia.