NEW VALUE OF THE UNIT OF MEASURE AND UPDATE (UMA) 2025

Compartir
FacebookXLinkedInEmail

Mexico City January 13,2025.

On January 10, 2025, the updated value of the Unit of Measure and Update (UMA) calculated by the National Institute of Statistics and Geography (INEGI) was published in the Federal Official Gazette (DOF). The new value will take effect on February 1, 2025, representing a 4.21% increase compared to the previous year.

According to the publication, the updated UMA values are as follows: daily $113.14 MXN, monthly $3,439.46 MXN, and annual $41,273.52 MXN. These values were calculated in accordance with the procedure established by the Law for Determining the Value of the UMA, considering the year-on-year variation in the National Consumer Price Index (INPC) for December 2024.

This update has significant implications, and both individuals and entities should pay close attention. Among the most notable impacts are:

  1. Anti-Money Laundering: Adjustments to thresholds for reporting vulnerable transactions and amounts requiring client identification.
  2. Tax Matters: Updates to limits for personal deductions, determination of fines and surcharges, and caps for special tax regimes.
  3. Financial Sector: Changes to maximum amounts for cash transactions, credit limits, and thresholds for reporting relevant operations.
  4. Social Security: Impacts on the calculation of employer-employee contributions, salary caps, and pension determinations.
  5. Administrative Matters: Updates to fines and administrative sanctions imposed by authorities such as COFEPRIS, PROFECO, COFECE, CNBV, among others.
  6. Real Estate and Construction Sector: Effects on the determination of INFONAVIT mortgage loans and financing limits.

Failure to address these changes promptly may result in significant penalties, missed business opportunities, and unnecessary operational risks. At Basham, we have experts in each of these areas to help you implement these changes effectively and strategically.

Our interdisciplinary team is available to conduct a comprehensive diagnostic of your company and develop a tailored action plan to ensure compliance and capitalize on the opportunities these updates present.

The attorneys from the respective practice areas are at your service to address any questions regarding this matter.

SINCERELY,

Diana Rangel León

drangel@basham.com.mx

César Augusto Reyes

creyes@basham.com.mx

Daniela Pineda Robles

 dpineda@basham.com.mx

Ricardo Tagle Pastén

 rtagle@basham.com.mx