Colombia Income Tax Calculator
How It Works
Colombia uses the UVT (Unidad de Valor Tributario) as the base unit for tax calculations. The UVT is adjusted annually for inflation — for 2026 it is approximately 47,065 COP. Tax brackets, deductions, and thresholds are all expressed in UVT.
The Colombian income tax has seven brackets ranging from 0% to 39%. The first 1,090 UVT (about 51.3 million COP) of income is tax-free. Rates increase progressively up to 39% on income above 31,000 UVT.
Colombia taxes residents on worldwide income and non-residents only on Colombian-source income. Individuals spending 183 or more days in Colombia during any 365-day period are considered tax residents. Various deductions are available including mandatory pension contributions, health insurance, and dependent allowances.
Frequently Asked Questions
What is a UVT in Colombia?
UVT (Unidad de Valor Tributario) is a tax reference unit updated annually by DIAN (Colombia tax authority). For 2026, 1 UVT ≈ 47,065 COP. All tax thresholds and brackets are expressed in UVT to automatically adjust for inflation.
What are the Colombian tax brackets?
0% up to 1,090 UVT, 19% for 1,090-1,700 UVT, 28% for 1,700-4,100 UVT, 33% for 4,100-8,670 UVT, 35% for 8,670-18,970 UVT, 37% for 18,970-31,000 UVT, and 39% above 31,000 UVT.
Who needs to file taxes in Colombia?
Filing is required if your gross income exceeds 1,400 UVT, total assets exceed 4,500 UVT, you had bank transactions exceeding certain thresholds, or you are registered as a tax responsible person.
What deductions are available in Colombia?
Common deductions include mandatory pension contributions (4% of salary), health insurance (4%), dependent deductions (up to 10% of gross income), home mortgage interest, and educational expenses. Total deductions are generally capped at 40% of net income.