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50% of industrial SMEs say they will not be able to pay the Christmas bonus

2020-06-03T19:47:25.262Z


Thus arises from a survey done among small industries, today affected by the pandemic.Natalia Muscatelli 06/02/2020 - 11:35 Clarín.com Economy Economy In the midst of the crisis, the payment of the Christmas bonus represents an imminent challenge for companies, especially for SMEs. To such an extent that 50% of these small industries stated that they will not be able to pay the bonus to their employees , according to a survey by the IPA (Industriales Pymes Argentinos). In this s...


Natalia Muscatelli

06/02/2020 - 11:35

  • Clarín.com
  • Economy
  • Economy

In the midst of the crisis, the payment of the Christmas bonus represents an imminent challenge for companies, especially for SMEs. To such an extent that 50% of these small industries stated that they will not be able to pay the bonus to their employees , according to a survey by the IPA (Industriales Pymes Argentinos).

In this survey, 22% of companies said that they will be able to pay the supplementary annual salary (SAC)   in installments and 16% expressed that they will pay it without inconvenience. Meanwhile, the rest of the sample said that they will consider whether they can pay it in installments, if they can obtain financing for it.

According to the head of the IPA, Daniel Rosato , the metallurgical sector is the most complicated among the percentage of firms that will not be able to pay the complementary annual salary, according to the survey responses. This sector includes the most paralyzed capital goods manufacturers, auto parts companies and companies linked to the oil and gas industry.

"Textile is one of the items that had started well this year and then fell due to the pandemic, with shops completely closed. As well as furniture manufacturers, because even with furniture stores that opened in recent weeks, sales were practically nil, "he explained.

According to the businessman, the survey is being carried out to monitor the situation that the firms are going through and thus be able to ask whether it will be necessary to resort to the State subsidy to face the commitments to pay the Christmas bonus. But for now, nothing is decided. There are some 80,000 industries in the country, of which a high percentage are SMEs.

To discuss other issues, the entity met with the head of AFIP, Mercedes Marco del Pont and also with Patricia Vaca Narvaja, current deputy director general of Taxpayer Services.

"We deal with issues of tax maturities, increasing informality in the sector and what the post-pandemic will be like," Rosato said.

At the meeting, the IPA presented a series of proposals, among which the importance of the reinstatement of refunds to industrial exports, the establishment of tax benefits for new investments and the application of incentives for SMEs that generate new ones were highlighted. Job positions.

Rosato also outlined guidelines for a project that the entity will send to Congress, based on the preparation of the IPA Observatory, for a new Buy National law, where it can be achieved that "the country's large companies prioritize the purchase of manufacturing products Argentina, which are even cheaper than imported ones ”.

Among other topics, the IPA also brought international trade management through the General Directorate of Customs to the dialogue table "so that the importation of raw materials to produce in Argentina is subject to a lower amount of taxes to ensure that SMEs be more competitive inside the factories and that this benefit is transferred in sales outside the country. "

Source: clarin

All business articles on 2020-06-03

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