Labor fund mandates in Uruguay and tax filing warnings in Colombia

In Uruguay, service station operators must begin contributing to the Labor Assistance Fund (FAL) starting in November. This new labor relations law allows companies to accumulate monthly funds to finance severance payments and other employment termination costs. These resources will be managed by entities authorized by the National Securities Commission. Experts advise operators to coordinate with accountants and labor advisors to ensure correct registration and avoid coverage gaps.

In Colombia, taxpayers are facing deadlines for 2025 income tax declarations. Experts warn against blindly accepting the suggested tax returns provided by the DIAN. Because these drafts are based on third-party information that may be inaccurate, taxpayers should manually verify income sources, assets, debts, and tax benefits to avoid errors such as misclassifying bank transfers or failing to account for correct debt balances.