The UVT for 2021 is $36,308.

By means of Resolution 000111 of December 11, 2020, the Special Administrative Unit of the National Tax and Customs Directorate (DIAN), announced the value of the UVT applicable in 2021, which remained at $36,308.

Let us remember that the Tax Statute in its article 868 establishes the Tax Value Unit (UVT) as the measure of value that allows adjusting the values contained in the provisions related to the taxes and obligations administered by the Special Administrative Unit of the National Tax and Customs Directorate (DIAN). Likewise, the readjustment is made annually in the variation of the consumer price index for average income in the period between October 1st of the year prior to the taxable year and the same date of the year immediately prior to this one, certified by the National Administrative Department of Statistics (DANE).

According to the above and according to the historical information published by DANE, the CPI as of September 30, 2020 was 1.97%, that is to say that the UVT in force for 2020, which is $35,607, increased by $701.

The greatest impact of this resolution is in the provisions related to taxes and obligations administered by the DIAN, expressed in UVT. In addition to the provisions that the National Government through the National Development Plan 2018-2022, in Article 48, established, this is, that all charges, penalties, fines rates, fees, tariffs, stamps, budgets and state costs that were denominated and established based on the current legal monthly minimum wage, must be calculated in UVT.

Source: accounting community