SAT: basic tax guide for young people

The first step is to lose your fear of the SAT (Photo: Cuartoscuro)

There are only two sure things in this life: death and pay taxes. Both sound equally dire to young people, who are still looking to live many years in good physical, psychological, and financial health.

Probably, there are many who had not even heard of the Tax Administration Service (SAT), about the taxes or the penalties that exist if these obligations are not fulfilled. For this reason, and as a first step to lose fear of this tax service, we present you the definitive guide for young people who want to understand it.

The answer is simpler than it seems. According to the SAT, The purpose of taxes is to contribute to the wealth of the country, since these amounts granted by citizens each year or month are “one of the main means by which the government obtains income.”

The obligation to comply with taxation emanates from the Section 4 of Article 31 of the Political Constitution of the United Mexican States, which states that all Mexicans, for the simple fact of being, must “contribute to public expenses, both of the Federation and of the States, of Mexico City and of the Municipality in which they reside, in the proportional and equitable manner provided by law. Basically paying the country to live in it.

VAT is the tax that is applied to all goods and services (Photo: EFE/Alex Cruz)
VAT is the tax that is applied to all goods and services (Photo: EFE/Alex Cruz)

There are many kinds of taxes, but there are two that everyone, throughout their lives, must pay. The first and best known is the Value Added Tax (VAT); is 16% and applies to the consumption of goods and services.

The second most important is Income Tax (ISR), which is applied to all the income that a person receives. They are the ones that the SAT kindly asks you for each year or month, according to the declaration chosen by the new taxpayer.

The body responsible for collecting taxes is the SAT.. All natural and legal persons must respond to this body regarding the economic activities they carry out and with which they generate income.

It is worth returning to this point because, although the distinction seems simple, sometimes, when carrying out a procedure online or without advice, it could cause some confusion:

A Physical person is anyone who carries out any economic activity for which they receive income: salary, fees, bank transfers, etc.

While one Moral person It is defined as the set of natural persons who come together to achieve a collective purpose, such as companies.

People over the age of 18 must process their RFC (Photo: Special)
People over the age of 18 must process their RFC (Photo: Special)

As of 2022, all people over 18 years of age are required to register for the SAT, even if they do not carry out any economic activity. To do so, you must process the Federal Taxpayer Registry (RFC) and, subsequently, choose the optimal tax regime for the situation you are experiencing.

In this link you can find the easiest way to process your RFC.

Is a alphanumeric code used by the government to identify natural or legal persons that carry out an economic activity that represents income. It is made up of 13 characters for natural persons and 12 for legal entities. Each one is generated differently.

A tax regime is the set of rules and obligations, which the taxpayer, that is, you, has to comply with to regularize their tax situation. There are currently four general types:

Wages and salaries and income assimilated to wages: those workers who periodically receive a salary and other benefits for a job that depends on an employer.

Business and Professional Activities: It is for workers who, independently, receive a fee payment from a company.

Business Activities with income through Technological Platforms: It is aimed at those who are employed in apps from delivery, transport or purchase and sale of products.

Simplified Trust Regime (Resico): This regime will replace the Tax Incorporation Regime (RIF) and will grant benefits to those who join, such as rates of 1 and up to 2.5%, as well as fewer paperwork and greater facilities when making declarations.

Tax returns are made every month or year (Photo: Cuartoscuro)
Tax returns are made every month or year (Photo: Cuartoscuro)

For Alan Jossimar Robles Arguelles, director of RoVlar Solutions consulted by Infobae Mexico, the main thing is lose fear of the SAT to know all the tools and laws that it can provide to the taxpayer.

Subsequently, each new person registered will have to Analyze your economic situation through the following question: What am I going to do?, and knowing the conditions of each job that is carried out, it will be possible to select a tax regime.

Example: if you are going to have your first job, with a company that asks you to sign a contract that stipulates payment frequency, amount and benefits, the ideal regime will be “Wages and salaries and income assimilated to wages”.

However, if the intention is to be independent, but collaborate with companies already incorporated into the SAT without payroll registration, you will receive a payment for fees, so you will have to register for “Business and Professional Activities”.

If it’s posible. The SAT allows taxpayers to register for more than one tax regime, situation that does not imply a change of RFC (this key remains the same), just follow a series of steps to submit “update of economic activities and obligations”, with which a person can choose a new regime according to a second economic activity different from the first.

Using the tools provided by the SAT itself will benefit new taxpayers (Photo: taken from Facebook).
Using the tools provided by the SAT itself will benefit new taxpayers (Photo: taken from Facebook).

If you do not carry out any economic activity or receive an income, nothing. You don’t exist for the SAT. However, this body is alerted when an unregistered person begins to receive money through bank deposits.

At that moment, the SAT detects when expenses are greater than income and generates a “Fiscal Discrepancy”, so, by means of an official letter, it invites that person to register to start paying taxes, as well as to declare the tax situation of up to five years ago.

If at any time you successfully signed up, chances are the SAT sends you an email or text message to update your tax situation. However, the fastest way to find out about a debt is through the official website of the Tax Service, according to Robles Arguelles, also an IPN professor.

Upon entering, You can check a possible debt in two different ways. The first is by obtaining the “Opinion on compliance with tax obligations”. If there is already a previous registration, this section, if fulfilled, will only confirm that the opinion is positive (there are no pending obligations). On the other hand, if it is negative, there is some pending (not necessarily money).

The second way to consult is through the “Tax Mailbox”, an electronic communication system located on the SAT Internet page, through which the unit sends all notices. To use it, you will have to register it.

To learn more about this means of communication between the SAT and taxpayers, click on this link.

Most of the cases of balance in favor are fabricated (Photo: EFE/Sáshenka Gutiérrez)
Most of the cases of balance in favor are fabricated (Photo: EFE/Sáshenka Gutiérrez)

Reaching this step is quite complex, but there is a possibility. The SAT, when detecting an account with a huge debt (of millions of pesos), it generates a fiscal liquidation or a firm credit.

With this resource, the tax institution no longer invites the taxpayer to present the obligations, but instead begins to demand payment of the debt in a coercive manner, but under the terms of the law; In addition, it could freeze bank accounts and prevent billing so that there is no more income.

You can too, but again it’s a very remote scenario. The institution has paid greater attention to those who fail to comply with the Article 69 B of the Fiscal Code of the Federation, which identifies the simulated activities.

This means that it keeps under strict surveillance those people who invoice, or make invoices, for activities that they supposedly did but in reality did not take place. This situation is assimilated to fraud and has criminal responsibility.

In case of presenting an economic debt to the SAT, the taxpayer must submit the tax return that is due, whether annual or provisional payments (monthly).

Later a format will be generated, same as must be filled to send it and thus obtain the capture line to make the payment, either by digital banking or in any of the options granted by the SAT.

If the case arises of not owing anything to the institution, sending the declaration will be enough to regularize the fiscal situation.

Alan Jossimar recalled that most cases of “Balance in favor” are manufactured with different strategies to obtain a profit and request it at the time. Because of that, the expert’s recommendation is not to do itWell, it probably works on some occasions, but the time will come when the tax institution realizes it and generates repercussions for the person.

The legal way to do it is apply the knowledge about the laws, pay the fair amount of taxes and, if possible, consult a specialist. In this way, debts will not be registered and, surely, there will be a balance in favor.


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