He profit sharing in 2024 either Participation of Workers in Company Profits (PTU) It is a labor right enshrined in the Federal Labor Law (LFT)which guarantees Mexican workers to receive a percentage of the profits obtained by their employers during the fiscal year.
As established in the article 122 of the LFT, Companies must submit their annual declaration between March and April, and make the payment of profits no later than 60 days after said declaration.
When do they pay profits in 2024?
He profit sharing period varies according to the legal nature of the companies: for moral peoplethe period is between April 1 and May 30While for Physical personscovers the May 1 to June 29.
It is important to highlight that this labor right extends to all workers and former workers who have worked at least 60 days during the yearregardless of their employment status.
What happens if the employer does not pay profits?
The Federal Attorney for the Defense of Labor (Profedet) emphasizes the importance of companies complying with profit sharing in a timely manner, as otherwise they could face fines significant as provided by the LFT.
The workers, for their part, have up to one year to request payment corresponding to the profits.
Do I have to pay taxes on the profits?
He profit distribution is not subject to taxes when it is equivalent to 15 days of the general minimum wage, as established by the SAT and the Ministry of Labor and Social Security. However, workers who receive more than this amount will be subject to the payment of income taxes (ISR), in accordance with current legislation.
In case they appear irregularities in the payment of utilitiesworkers are recommended to send their complaint to the corresponding authority for proper attention and resolution.
Why are profits important?
Profit sharing is considered not only a labor right, but also a productivity incentive and a mechanism of social justice in the distribution of corporate wealth.
Profit sharing is a crucial issue in the workplace, regulated by the Federal Labor Law. In the context of the profits 2024, It is essential to understand how these benefits are determined and distributed among workers.
As provided by law, Workers have the right to participate in the employer's profits.following the guidelines established by the National Commission for the Participation of Workers in Company Profits.
What the Federal Labor Law says:
The Federal Labor Law specifies that the distributable profit is divided into two equal parts, one distributed equally among all workers and the other in proportion to the salaries earned during the year.
It is important to emphasize that it is only considered as a basis for the distribution of profits. the salary per daily quotaexcluding other income such as bonuses or overtime.
The days worked and those in which workers receive their salary, even if they are not working, are considered for the distribution of profits. These include prenatal and postnatal periods, holidays, vacationsamong others.
It is essential to know that, according to the Federal Labor Law, Workers have up to one year to claim full payment of their profits, in the event that they have not been granted or an incomplete payment has been made.
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