Guatemala Bono 14 Calculator (Decreto 42-92)
Calculate statutory mid-year annual bonus (Bono 14), July 1 to June 30 accrual periods, and proportional tenure allocations under Guatemalan labor law.
Employment Parameters Decreto 42-92
Average basic salary earned from July 1 of prior year to June 30.
Enter 365 for full year service; or proportional calendar days worked.
Bono 14 Entitlement Summary
Guatemala Annual Mandatory Salary Components
| Salary Component | Frequency | Annual Multiplier | IGSS (4.83%) | ISR Status |
|---|---|---|---|---|
| Bono 14 (Decreto 42-92) | Annual (July) | 1.0 Month Salary | Exempt | Exempt |
| Aguinaldo (Decreto 76-78) | Annual (Dec/Jan) | 1.0 Month Salary | Exempt | Exempt |
| Ordinary Salary (12 Months) | Monthly | 12.0 Months | Subject to 4.83% | Subject to progressive ISR |
| Bonificacion Incentivo (D. 37-2001) | Monthly | Q3,000 / year (min) | Exempt | Subject to ISR |
Frequently Asked Questions
What is Bono 14 in Guatemala?
Bono 14 (Bonificacion Anual para Trabajadores del Sector Privado y Publico) is a mandatory annual bonus created by Decreto 42-92, guaranteeing employees 100% of their average monthly ordinary salary.
What is the computational accrual period for Bono 14?
The accrual cycle runs from July 1 of the previous year to June 30 of the current year (365 days). For employees with less than one year of service, it is calculated proportionally.
When must employers pay Bono 14 in Guatemala?
Under Decreto 42-92 Art. 3, Bono 14 must be paid in full during the first fifteen days of the month of July each year (on or before July 15).
Are there deductions from Bono 14?
Bono 14 is 100% exempt from IGSS social security deductions (4.83%). Under Guatemalan tax law, it is also exempt from Income Tax (ISR) up to an amount equal to 100% of ordinary monthly wages.
What is the formula for calculating proportional Bono 14?
Proportional Bono 14 = (Average Monthly Ordinary Salary × Days Worked in July 1 - June 30 period) ÷ 365 days.
Engr. Muhammad Shahzad
Chief Systems Architect & Lead Statutory Auditor
Specialist in Central American labor codes, insular payroll systems, and tax administration frameworks. All computational models are verified against Guatemala's Codigo de Trabajo, Decreto 76-78 (Ley de Aguinaldo), Decreto 42-92 (Bono 14), and SAT tax schedules.
📊 Matriz Oficial de Deducciones IGSS y Retenciones SAT Guatemala
| Statutory Component / Legal Deduction Item | Calculated Amount (GTQ) |
|---|---|
| Primary Net / Statutory Payable Amount | Q 0.00 |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Guatemalan SAT & IGSS Social Security Compliance Principal
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.