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Although it is already made official that 85 products, rates and economic activities were de-indexed from the minimum wage, so that they do not rise in price in 2023 (16%, which was the increase), there are other Items that will increase and Colombians will feel it in their pockets.
Those rates that will register an increase are set according to the increase in inflation, which for the month of November was at 12.53%, according to the National Administrative Department of Statistics (Dane).
(See: Income statement 2023: dates and terms to pay the tax).
In other cases, the increases will be given by the end of some measures and aid that had occurred in the middle of the health emergency due to covid-19.
So, keeping this in mind, what is it that started to rise from January 1, 2023.
The price of gasoline increased by 400 pesos for each gallon of regular fuel and in 65 pesos a gallon of ACPM.
Air tickets will also rise and will have a considerable increase by 2023, as airlines they will charge 19% VAT again. It should be noted that this tax had been reduced to 5% due to the covid-19 emergency.
(See: The reasons why air tickets would rise between 30% and 40%).
To this will be added other operational costs that will make tickets can go up 40%, As companies in the sector have already commented.
For this last case, the Government announced that it will work to try to make the increase in tickets only 14%.
Other rates that will rise are tolls, whose new price will be known in the coming days and will begin to be applied from next January 16.
And the mass public transport service will also increase. What was recommended by Asocapitales was a adjustment of 12.53% in tickets, taking inflation into account.
In the case of Bogotá, for example, the rise in prices will begin to be felt from next January 10: TransMilenio will be at 2,950 pesos and the zonal service (SITP) will be at 2,750 pesos.
Regarding credits, the increase will be given by the usury rate, which for January 2023 remained at 43.26% for the consumer and ordinary credit modality, while for the microcredit modality this will be 58.8% annual cash, and on the Current Bank Interest for microcredits increased to 39 ,2 %.
(See: Soat Discount: ABC to find out if it applies to you and what it covers).
The leases, for their part, they will have an increase of up to 12%, taking inflation into account. Different authorities and entities have called for the landlord and the tenant to reach agreements that do not impact the economy.
leases.
Of course, it is worth clarifying that this increase is established in Law 820 of 2003: “Every 12 months of execution of the contract under the same price, the lessor may increase the fee up to a proportion that is not greater than 100% of the increase that the Consumer Price Index (CPI) has had.“.
Also, you need to know that the increase It will only be done when the contract year is over, that is, if you signed your lease on June 1, 2022, until that date in 2023 the price adjustment can be made.
(See: Colombians save less and get more and more in debt).
Another charge that returns, and that ended its non-collection in the midst of covid aid, will be the consumption tax: businesses that are exclusively dedicated to the sale of food and beverages they must charge their consumers the impoconsumo and have the Single Tax Registry (RUT) updated with responsibility 33.
Finally, two taxes that will continue to be felt in this 2023 will be the 40% tariff on imported clothing (such as coats, capes, jackets, suits, jackets, trousers made of wool, cotton, synthetic or artificial fibres) and of the 35% on imported shoes.
Of both, it should be noted that garments from countries with which Colombia has trade agreements will not be affected.
BRIEFCASE
