Mexico Income Tax Rates and Personal Allowances in 2016
The Income tax rates and personal allowances in Mexico are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Mexican Tax Calculator 2016.
Mexico Residents Income Tax Tables in 2016: Income Tax Rates and Thresholds (Annual) | Tax Rate | Taxable Income Threshold |
|---|
| 1.92% | Income from ₱ 0 | to | ₱ 5,953 |
| 6.4% | Income from ₱ 5,954 | to | ₱ 50,525 |
| 10.88% | Income from ₱ 50,526 | to | ₱ 88,793 |
| 16% | Income from ₱ 88,794 | to | ₱ 103,218 |
| 17.92% | Income from ₱ 103,219 | to | ₱ 123,580 |
| 21.36% | Income from ₱ 123,581 | to | ₱ 249,243 |
| 23.52% | Income from ₱ 249,244 | to | ₱ 392,842 |
| 30% | Income from ₱ 392,843 | to | ₱ 750,000 |
| 32% | Income from ₱ 750,001 | to | ₱ 1,000,000 |
| 34% | Income from ₱ 1,000,001 | to | ₱ 3,000,000 |
| 35% | Income from ₱ 3,000,001 | | and above |
Mexico Non-Residents Income Tax Tables in 2016: Income Tax Rates and Thresholds (Annual) | Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from ₱ 0 | to | ₱ 5,953 |
| 15% | Income from ₱ 125,901 | to | ₱ 1,000,000 |
| 30% | Income from ₱ 1,000,001 | | and above |
Mexico Income Tax Tables in 2016: Personal Exemption Allowances | Personal exemption for Residents | ₱ 0 |
| Personal exemption for Non-Residents | ₱ 0 |
Mexico Income Tax Tables in 2016: Dependents Allowances | Dependents Allowance for Residents | ₱ 0 |
| Dependents Allowance for Non-Residents | ₱ 0 |
Mexico Income Tax Tables in 2016: Miscellaneous Rates | Employee Social Security Contribution Rate | 1.65% |
| Employer Social Security Contribution Rate | 7.58% |
| Education Expenses Capp Rate | 15% |
| Pension Capp Rate | 15% |
| Medical Expenses Capp Rate | 15% |
| Charity Donations Capp Rate | 7% |
| Funeral Expenses Capp Rate | 15% |
Choose a specific income tax year to see the Mexico income tax rates and personal allowances used in the associated income tax calculator for the same tax year.
