Analysis of the impact of administrative and fiscal management of payroll on MSMEs in Mexico

Abstract

Many companies started their activities as family businesses with little capital and if any workers. As they grow, they consider it necessary to hire more staff, without considering the administrative controls that must be carried out, as well as the tax and social security obligations that this entails. In the management of human capital, human resources practices and policies are widely known, however, for Micro, small and medium-sized companies, the benefits of their application are hardly recognized. Mexican legislation on labor and tax matters details the documentation that must be prepared, the calculations and payments of minimum benefits and the procedure for compliance with tax and social security obligations, likewise, depending on the line of business or activity, the regulations of safety at work that must be complied with, which generates fear, not only because of the costs involved, but also because they consider that this exposes them to a review or inspection by an oversight body. For this reason, the present work, in addition to showing the legal basis of the aforementioned, will present a comparison of the data of MSMEs according to the INEGI census and those registered as employers in the Mexican Institute of Social Security as well as the results of a survey applied to small and medium-sized companies registered as natural or legal persons in the SAT, affiliated or not as employers in the IMSS and that have from 1 to 250 workers.