Colombia’s VAT Refund: How to Check if You’re a Beneficiary and When the Next Payments Will Be Made
The VAT Refund is an economic benefit provided by the Government of Colombia to alleviate the impact of taxes on the consumption of products and services by low-income families. The Department for Social Prosperity (DPS) is responsible for delivering this subsidy. In this article, we will provide you with all the information you need to know about the VAT Refund, including how to check if you are a beneficiary, and the upcoming payment dates.
It’s important to note that subsidies in Colombia are not directed to all people in the country, but only to those who need it the most. The Government uses the System for the Identification of Potential Beneficiaries of Social Programs (Sisbén) to identify the vulnerability status of any candidate.
When are the VAT Refund payments made in Colombia? The Government has not yet announced the new payment dates for the VAT Refund in 2023. However, Social Prosperity has assured through its social networks that soon new details will be given about the delivery of the economic benefit.
Last December, the transfer of $80,000 was available to participating households of cycle 12 and the accumulated ones of cycles 10 and 11 of 2022. The delivery was made until January 10, 2023. Keep in mind that the payment dates may vary, so it’s advisable to stay tuned for announcements from the Government.
How do I know if I am a beneficiary of the VAT Refund? One of the essential requirements to receive the VAT Refund money is to be registered in the Sisbén. To validate if you are one of the beneficiaries of this program, you can enter your ID number on the official website of the DPS. You can also contact 01-8000-95-1100, nationwide.
It’s crucial to update your data in Sisbén IV to find all the information you need to know if you are part of the VAT Refund program or not.
How to collect the VAT Refund? Participating households will receive a text message announcing the availability of the transfer at SuperGIROS payment points and its network of allies, which are throughout the territory. The beneficiary households will be paid the ordinary amount that corresponds to the cycle.
In conclusion, the VAT Refund is an economic benefit provided by the Government of Colombia to alleviate the impact of taxes on low-income families. It’s important to check if you’re a beneficiary and stay tuned for upcoming payment dates. Registering and updating your data in Sisbén IV is essential to receive this subsidy.