Complete guide: Annual bonus · Chile
Updated:
Private-sector annual bonuses are not generally mandatory, except by agreement or acquired rights. Article 50 gratification is separate: 25% of annual pay capped at 4.75 applicable monthly minimum wages. Annual option assumes a full year; article 47 profit distribution is not calculated.
Private employment under the Labor Code. Contribution caps use UF; monthly tax uses UTM. There is no general mandatory private-sector annual bonus.
Estimates in local currency, without conversion. Document review: 2026-10-23; laws, tables and monetary units are not automatically synchronized. Default salaries are examples, not legal minimum wages. Check your contract, collective agreement and payslip before making decisions.
Sources and legal scope
Document review: 2026-10-23
How it works
- 1Country-specific accrued benefit − advances = outstanding amount before tax.
- 2Separate salary bases, accrued entitlements and payments already received.
- 3Compare the result with the sources and the stated employment scenario.
Frequently asked questions
Which Chile rules apply?
Private-sector annual bonuses are not generally mandatory, except by agreement or acquired rights. Article 50 gratification is separate: 25% of annual pay capped at 4.75 applicable monthly minimum wages. Annual option assumes a full year; article 47 profit distribution is not calculated.
Is this a final tax filing or employment claim calculation?
Private employment under the Labor Code. Contribution caps use UF; monthly tax uses UTM. There is no general mandatory private-sector annual bonus.
Are inputs preserved when sharing?
Yes. The link retains entered amounts and options. Laws may change; check the date and sources.