Question 1

What is Bono 14?

Accepted Answer

Bono 14 is a mandatory labor benefit in Guatemala (Decree 42-92) equivalent to an additional monthly salary, paid before July 15 each year.

Question 2

How is Bono 14 calculated?

Accepted Answer

It's calculated by dividing the monthly salary by 12 and multiplying by months worked in the period (July 1 - June 30). If you worked all 12 months, you receive a full salary.

Question 3

Is Bono 14 subject to income tax?

Accepted Answer

No, Bono 14 is exempt from income tax (ISR) under Guatemalan law.

Question 4

When is Bono 14 paid?

Accepted Answer

It must be paid during the first half of July. The calculation period runs from July 1 of the previous year to June 30 of the current year.

Calculadora de Bono 14 Guatemala