Skip to content
Sunday, August 30, 2026 · Guatemala CityQ7.6242 per US$+0.00%
ADVANCE GUATEMALA
Back to the researchResearched · unverified

The investor atlas

Employee income tax: brackets and deductions

Dossier
Taxes and incentives03-impuestos.md
Domain
Taxes: income tax, VAT and withholdingimpuestos
Audited
not audited

Employment income earned under a contract of employment is taxed at 5% on annual taxable income up to Q300,000 and 7% on the excess. A single deduction of Q48,000 a year applies with no receipts required, and a credit for VAT paid (payroll credit) of up to Q12,000 a year. The employer acts as monthly withholding agent. The figures come from secondary 2026 guides (Living in Guatemala, declaracionsat.tax, America Audit) and were not checked against the text of Decree 10-2012.

The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.

Figures

Tasa hasta Q300,000 de renta imponible anualLiving in Guatemala
5%guía 2026
Tasa sobre el excedente de Q300,000Living in Guatemala
7%guía 2026
Deducción personal única sin comprobantesLiving in Guatemala / declaracionsat.tax
Q48,000 anualesguía 2026
Crédito por IVA pagado (planilla)Living in Guatemala / declaracionsat.tax
hasta Q12,000 anualesguía 2026

Caveat

secondary guides; brackets and deductions to be confirmed against Decree 10-2012

Sources

Organizations named in the answer

  • Living in GuatemalaCommercial buying guide for foreigners: the steps (NIT, RGP certification, promise-to-sell with a 5–10% deposit, deed, registration in 2–4 weeks, notices), typical closing of 4–8 weeks, lawyer at Q3,000–Q8,000 or 0.5–1%, total costs of ~4.5–6.5% (resale) and ~13.5–15% (new build), apostilled power of attorney for buying at a distance, and RGP certification with QROther

Directory of organizations

Related records

This layer is research: read from public sources by the archive's own team, every claim cited with the date it was consulted, and audited where it is marked so. It has not entered the verified store — no figure here was fetched back from its source or stamped with a retrieval time — so it wears no red provenance numeral and never mixes with the verified figures.