They discourage savings with more income tax

02 MIN 00 SEC

Charlene Dominguez

Mexico City (September 23, 2025) - 5:00 a.m.

The Ministry of Finance (SHCP) indicated that "small savers with balances under 206,000 pesos will continue to be exempt, and those with annual incomes under 400,000 pesos will continue to have the option of not filing a tax return." Credit: Pexels

The federal government is proposing a higher tax on interest earnings for 2026 , which worries experts because it could discourage savings and formal investment in financial instruments, especially among those who don't file annual returns.