---
title: "#ElSalvador 🇸🇻 #BDS_LaborAlert: Tax Exemption for Christmas Bonuses Up to $1,500"
description: Tax Exemption
image: https://publicaciones.bdsasesores.com/hubfs/dinero.jpg
---

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##### Dec 3, 2024 12:58:14 PM

# #ElSalvador 🇸🇻 #BDS\_LaborAlert: Tax Exemption for Christmas Bonuses Up to $1,500

The Legislative Assembly has approved a measure **exempting** Christmas bonuses *(aguinaldos)* of **up to $1,500 from taxes**. This initiative is expected to benefit approximately 700,000 workers in both the public and private sectors, providing economic relief for households.

However, employees who receive **Christmas bonuses exceeding $1,500 will be required to pay taxes** on the amount exceeding this threshold. This measure also accounts for cases where the Christmas bonus surpasses the limit by just a few cents.

Finally, it is important to note that the **statutory deadline** for the payment of Christmas bonuses in El Salvador is between **December 12 and December 20.**

If you have any additional questions regarding this matter, please contact us**.**

 

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