Job Discussion Forums

kosherpickle · Joined: 24 Nov 2006 Posts: 93

Does this book exist? Specifically in relation to FM 2s? AND in English?

I hope I am not asking too much, here, I am getting really tired of the answers I get when I ask about them. Far too often they are vague and include words like "stuff" and "thing". Oh, really? I need the number stuff and then I get a book thing? So very helpful, dearest ex-novio.

I want to branch out on my own after getting some experience(and contacts) and I would just really enjoy having the slightest clue about what I am doing, tax-wise.

Enchilada Potosina · Joined: 03 Aug 2010 Posts: 344 Location: Mexico

You need an accountant, it's the only way. Taxes are declared monthly and it needs to be done right. An accountant can walk you through the process with hacienda (done mostly online) and tell you how to reduce taxes. Things are a lot stricter when you really pay taxes as oppose to working for a language school, not being registered and paying the school's taxes.

TeresaLopez · Joined: 18 Apr 2010 Posts: 601 Location: Mexico City

Forget doing it om your own. Accountants aren�t expensive, and, no, you won�t get any help from the �tax man�in English. You can pay your taxes online but you�ll need someone to help you set it up if you don�t speak Spanish.

Guy Courchesne · Joined: 10 Mar 2003 Posts: 9650 Location: Mexico City

The SAT site has an English section, but it is limited.

http://www.sat.gob.mx/sitio_internet/asistencia_contribuyente/principiantes/eres_extranjero/78_8615.html

I think the Fees section would apply to you.

(perhaps you could get SAT as a client and get to work fixing the English section of their site! Wink

)

amaranto · Joined: 02 Jun 2009 Posts: 133 Location: M�xico, D.F.

And your accountant's fees should be tax-deductible.

mejms · Joined: 04 Jan 2010 Posts: 390

There was a time when I considered learning how to pay my own taxes after having used an accountant for a couple years. I thought I could become a little more self-sufficient and save a little money.

I went to one of the weekly workshops that Hacienda offers and figured that it was just too much to take on. It didn't seem to be terribly difficult, but I've got other things to concentrate on. You can get an accountant for anywhere between $250 and $450 pesos a month as persona fisica for your monthly taxes, plus the same amount to file your yearly taxes. 13 payments in all per year.

By the way, I started with an accountant a couple years ago at $300 pesos per month. The next year he went up to $350. The following year (this year) to $400, so I went shopping around. Other accountants who had quoted me lower fees before were at the same cost. Has anyone else seen accountant fees go up every year?

Are English teachers' fees the only one that remain constant?

mejms · Joined: 04 Jan 2010 Posts: 390

amaranto · Joined: 02 Jun 2009 Posts: 133 Location: M�xico, D.F.

Wow, that actually seems a little shady. You know your accountant, though.

I don't mind paying extra IVA as long as the expense is deductible.

mejms · Joined: 04 Jan 2010 Posts: 390

amaranto · Joined: 02 Jun 2009 Posts: 133 Location: M�xico, D.F.

I currently pay $417.60 per month, including VAT. My accountant charges based on how much I make, and I was told I'd be informed if the rate were to be increased.

mejms · Joined: 04 Jan 2010 Posts: 390

amaranto · Joined: 02 Jun 2009 Posts: 133 Location: M�xico, D.F.

Value added tax, or IVA. Sorry for the slip in consistency from our previous posts Embarassed

mejms · Joined: 04 Jan 2010 Posts: 390

Gotcha.

amaranto · Joined: 02 Jun 2009 Posts: 133 Location: M�xico, D.F.

That makes sense. I guess it depends on the accounting firm.

I don't think I'm in danger of being charged extra any time soon Laughing

Prof.Gringo · Posted: Tue Nov 02, 2010 6:56 pm Post subject: