BTN News: As the deadline approaches, only a small fraction of Colombians have fulfilled their tax obligations for the year 2023. To date, just 361,098 Colombians have submitted their income tax returns to the Dirección de Impuestos y Aduanas Nacionales (DIAN), a figure that represents merely 6% of the expected total. With the Colombian government anticipating that 6 million citizens will file their taxes this year, a significant number of individuals are yet to complete this essential civic duty. Of these, 416,762 are new taxpayers, underscoring the growing base of citizens participating in the national tax system. The government is counting on these returns to meet its ambitious goal of collecting 25 trillion pesos—6 trillion more than last year—funds that are crucial for sustaining public investment and social programs. As the deadlines begin to roll in, starting on August 12, 2024, it’s vital for Colombians to stay informed about their specific filing dates to avoid penalties and ensure their contributions are counted toward the nation’s development.
The DIAN has established a clear schedule for tax return deadlines, with dates based on the last two digits of each taxpayer’s Tax Identification Number (NIT), which usually aligns with the citizen’s ID number. For those who have already gathered all necessary documents, early submission is encouraged, as it can prevent the last-minute rush and potential errors that might arise under time pressure.
The filing deadlines are organized by month, beginning in August and stretching through October. For example, taxpayers whose NIT ends in 01 or 02 must submit their returns by August 12, 2024, while those with NITs ending in 03 or 04 have until August 13, 2024. The deadlines continue in this pattern, with the last group, those with NITs ending in 99 or 00, having until October 24, 2024, to file their returns.
The stakes are high this year, with the DIAN expecting a net tax collection of 7 trillion pesos after accounting for withholdings, tax prepayments, and refunds—a significant increase from the previous year. This revenue is not just a fiscal target; it’s a necessary component of the government’s strategy to finance essential social programs and infrastructure projects that benefit millions of Colombians.
To facilitate the filing process, the DIAN has upgraded its digital tools, making it easier for taxpayers to complete, submit, and, if necessary, pay their income taxes. This modernization is part of the DIAN’s broader effort to streamline tax administration and improve compliance, ensuring that the tax system is both efficient and accessible to all.
Given the importance of timely tax filing, taxpayers should be diligent in verifying their specific deadline and ensuring that they meet it. Late submissions can lead to fines and other penalties, which can be avoided by adhering to the DIAN’s schedule.
As the tax season progresses, the government’s ability to meet its fiscal goals and fund public services hinges on the participation of all eligible taxpayers. By meeting their obligations, Colombians contribute directly to the nation’s development and the well-being of their fellow citizens. This year, with an expected increase in tax revenue, the stakes are higher than ever, making it crucial for every taxpayer to file on time and support the country’s ongoing growth and prosperity.
