On December 31, 2024, the Official Gazette of the Federation published the “DECREE amending the previous decree granting the employment subsidy.”
The employment subsidy is a fiscal benefit designed to support low-income workers by reducing the impact of income tax (ISR) on their finances.
In this context, the decree establishes adjustments to the fiscal mechanism in response to the 12% increase in minimum wages (MW) for 2025, which rises from $248.93 to $278.80 daily for non-border regions. The goal is to ensure that the increase in workers’ disposable income, after applying ISR, aligns proportionally with the MW increase. The following terms apply:
Objective of the Reform
This reform seeks to comply with the principles of proportionality and equity in taxation, as established in Article 31, Section IV of the Mexican Constitution, while aligning with labor regulations. These regulations ensure that workers cannot earn below the prevailing minimum wage, underscoring the necessity of such subsidies.
We recommend that your accounting department review and implement this provision appropriately.
For further clarification or assistance, please do not hesitate to contact us.
Sincerely,