Income tax in Colombia (2026)

In 2026, income tax in Colombia runs from 19% to 39%. On a COP 70,000,000 salary you take home COP 64,400,000 a year, COP 5,366,667 a month.

Income tax rates

Top rate
39%
Lowest rate
19%
Tax-free allowance
None
VAT
19%
Capital gains
10%
The 2026 bands, in Colombian Peso
Income-tax bands of Colombia, 2026, in Colombian Peso
Taxable income (after allowance)Rate
COP 0 to COP 57,087,6600%
COP 57,087,660 to COP 89,035,80019%
COP 89,035,800 to COP 214,733,40028%
COP 214,733,400 to COP 454,082,58033%
COP 454,082,580 to COP 993,534,78035%
COP 993,534,780 to COP 1,623,594,00037%
over COP 1,623,594,00039%

Take-home pay by salary

Compare with other countries

Cost of living in Colombia

Frequently asked questions

What are the income tax rates in Colombia?

Income tax in Colombia runs from 19% to 39%, in 6 bands.

Is there a tax-free allowance in Colombia?

No — Colombia has no general tax-free allowance.

What is the take-home pay on COP 70,000,000 in Colombia?

On COP 70,000,000 in Colombia you take home COP 64,400,000 a year — COP 5,366,667 a month.

2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details

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