Bono 14 calculator (Guatemala)
Calculate your Bono 14 in Guatemala: 100% of the monthly salary for a year (Decree 42-92), the proportional share for the July–June period, and the ISR-exempt portion.
Calculation assumptions
- The bono 14 equals 100% of the ordinary monthly salary for one uninterrupted year of service, or the proportional share for less than a year (Decree 42-92, art. 2).
- The computation period runs from July 1 to June 30 and payment is made in the first fortnight of July (arts. 2 and 3).
- The proportional share is monthly salary × days worked ÷ 365. The decree fixes the 100%/proportional rule but not the divisor arithmetic, so this convention is used.
- The bono 14 is exempt from ISR up to 100% of the ordinary monthly salary (Income Tax Law art. 70 num. 6); only the excess is taxable. It is not subject to IGSS.
What this calculator does
Calculates your Bono 14 (annual bonus) in Guatemala. The Bono 14 equals 100% of the ordinary monthly salary for one uninterrupted year of service, or the proportional share if you worked less than a year (Decree 42-92, article 2).
It is independent of and additional to the aguinaldo, with the same 100%/proportional calculation but a different period and payment date. It also shows the ISR-exempt portion.
Who it is for
- Workers who want to verify how much Bono 14 they are owed.
- Employers and payroll staff who calculate the annual or proportional Bono 14.
- Labor advisors and students who need a clear, traceable calculation.
What information you need
- Your ordinary monthly salary (without the Q250 incentive bonus).
- Whether you worked a full year or less.
- In the proportional case, the days worked in the computation period (July 1 to June 30).
How it is calculated
With a full year or more, the Bono 14 is 100% of the ordinary monthly salary.
With less than a year, the Bono 14 is proportional: monthly salary × days worked ÷ 365.
The ISR-exempt portion is up to one ordinary monthly salary; only the excess over that amount is taxable (Income Tax Law art. 70 num. 6).
Formula
- Bono 14 for a full year
bono 14 = monthly salary- Proportional Bono 14
bono 14 = monthly salary × days worked ÷ 365- ISR-exempt portion
exempt = min(bono 14, monthly salary)
Worked example
You earn Q4,000 per month. We compare a full year with a proportional case of 182 days worked.
- Full year: Bono 14 = Q4,000.00; ISR-exempt = Q4,000.00; taxable excess = Q0.00.
- Proportional (182 days): Q4,000 × 182 ÷ 365 = Q1,994.52.
- That proportional amount is below one monthly salary, so it is fully ISR-exempt.
For a full year you receive Q4,000.00; for 182 days, Q1,994.52. In both cases the Bono 14 is ISR-exempt.
How to interpret the result
The Bono 14 is paid in the first fortnight of July (Decree 42-92, art. 3); the computation period runs from July 1 to June 30 of the following year.
The Bono 14 is not subject to IGSS, so the 4.83% contribution is not withheld from it.
It is a benefit separate from the aguinaldo: a worker with a full year receives both, each equal to one monthly salary.
Common mistakes
- Confusing the Bono 14 period (July to June) with the aguinaldo period (December to November).
- Including the Q250 incentive bonus in the base: the Bono 14 is computed on the ordinary monthly salary.
- Applying ISR to the whole Bono 14 or withholding IGSS: only the excess over one monthly salary pays ISR, and it is excluded from IGSS.
Frequently asked questions
What is the Bono 14 in Guatemala?
It is the annual bonus under Decree 42-92, equal to 100% of the ordinary monthly salary for one uninterrupted year of service, or proportional for less than a year. It is additional to and independent of the aguinaldo.
When is the Bono 14 paid?
In the first fortnight of July each year (Decree 42-92, art. 3). On termination, the proportional part is paid for the time worked since the previous July 1.
What is the Bono 14 computation period?
From July 1 to June 30 of the following year (Decree 42-92, art. 2).
How is the proportional Bono 14 calculated?
The monthly salary is multiplied by the days worked and divided by 365. The law fixes the 100%/proportional rule but not the divisor arithmetic; the 365-day convention is used and disclosed in the assumptions.
Does the Bono 14 pay ISR and IGSS?
It is exempt from ISR up to 100% of the ordinary monthly salary (Income Tax Law art. 70 num. 6); only the excess is taxable. It is not subject to IGSS.
Are the Bono 14 and the aguinaldo the same?
No. They are two separate, independent benefits: the aguinaldo (Decree 76-78) is paid between December and January, and the Bono 14 (Decree 42-92) in July. A worker with a full year receives both.
How is the Bono 14 calculated in Guatemala?
For one uninterrupted year of service it equals one ordinary monthly salary (Decree 42-92, art. 2). With a Q5,000 salary, a full-year Bono 14 is Q5,000; for less than a year it is prorated by days worked ÷ 365.
How much Bono 14 do I get if I did not complete the year?
You receive the proportional share: monthly salary × days worked since July 1 ÷ 365. With Q5,000 and 200 days worked: Q5,000 × 200 ÷ 365 = Q2,739.73 (Decree 42-92, art. 3).
If I am dismissed, do I lose the Bono 14?
No. On termination the proportional Bono 14 is paid for the time worked since the previous July 1 (Decree 42-92, art. 3), regardless of the termination cause.
Sources
- Ley de Bonificación Anual para los Trabajadores del Sector Privado y Público, "Bono 14" (Decreto 42-92), arts. 1–3 — Congreso de la República de Guatemala (copia oficial del Organismo Judicial) (Art. 2: 100% del salario ordinario mensual por un año ininterrumpido, o proporcional; período de cómputo 1 de julio a 30 de junio. Art. 3: pago en la primera quincena de julio. See docs/research/gt-labor-rules.md, section 6.)
- Ley de Actualización Tributaria (Decreto 10-2012), art. 70 num. 6 — Organismo Judicial de Guatemala (CENADOJ, texto consolidado) (Bono 14 exempt from ISR up to 100% of the ordinary monthly salary; only the excess is taxable. See docs/research/gt-labor-rules.md, section 2.5.)
- Last reviewed:
- July 23, 2026
- Calculation version:
- 1.0.0
Important notice
The results of these calculators are informative estimates and may differ from official calculations. They do not constitute legal, tax, or financial advice. Always verify with the competent institutions or a professional.
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