José Luis Ceteri
07/27/2020 - 8:18
- Clarín.com
- Economy
- Economy
In a quarantine that takes more than 120 days, with many people who could not keep up with the pace of billing, it is not wrong to remember some measures that are in place to help reduce the tax burden on taxpayers.
With zero billing and low blinds, the possibilities of paying less taxes, even with new facilities provided by the AFIP, are surely insufficient , but in the economy it all adds up.
In these four months the different tax agencies did not help much, only some extensions came out . In spite of not having invoiced, the monthly payment of the Monotributo had to be paid sacredly ; VAT and Gross Income; also, social charges; demonstrating that the taxpayer had to breastfeed the pandemic. Here is a detail of some current benefits:
1. Award for compliance and moratorium:
Taxpayers who complied with the monotributo or self-employed monthly quota in due time and form, corresponding to the twelve months of the calendar year, are entitled to a refund that the AFIP will make for “good compliance”. But in Argentina, the one who is up to date often loses, because those who did not pay now could include the debt in a payment facility plan that forgives interest and fines . If self - employed fees are owed , which is double sanctioned because the debt is updated having to pay the prevailing value of the fee plus the compensatory interest, entering the plan, only the updated fee must be paid.
Leaving aside the moratorium, which is something exceptional, the compliance benefit is granted to those who joined the payment with direct debit in bank account or through credit card. On the other hand, those who paid in cash do not obtain it. It is important that the CBU of the taxpayer, in which the refund is to be made, is loaded on the AFIP website. The data must be reported in the service called "CBU Declaration", ticking the "returns" option. If the bank password is not registered, the complying taxpayer will receive a message at the electronic address giving the notice.
In the Monotributo one month of the tax component of the quota is reimbursed, and in self-employed the amount equivalent to one month of the part of the monthly personal contribution corresponding to their category of magazine, conditioned on the payment being attached to a card or debit in a bank account.
For those who have started activities during the year, 50% will be reimbursed to the extent that the amount of fees paid is between six and eleven.
For monotributistas the refund is made to the account or card during the month of March, and the self-employed receive the refund within the month of February.
The adhesion procedures must be done at the bank or credit card issuing entity.
2. Tax on bank debits and credits
In the tax on bank debits and credits, Monotributistas have the benefit of paying the reduced rate of 0.25% for each movement (debits and credits) recorded in the account, instead of the general rate of 0.6% for all operations. For this, they have to register in the registry that works from the AFIP website, print the certificate and then approach it to the bank. To carry out the procedure, you must enter the AFIP website, with the fiscal code and the CUIT, within the service called "Registry of benefits imposed on debits and credits", checking the corresponding box.
3. Private home service
People who hire personal from private houses have the possibility of deducting in the calculation of Income Tax an amount equivalent to the annual non-taxable minimum for salary and social security payments paid during the year. This benefit also applies to employees in a dependency relationship who can compute the monthly discount in the calculation of withholding earnings.
The service provider must process the Cuil number in the Anses with their DNI, foreigners can do so with the certificate issued by the National Directorate of Migrations.
The payment of social security payments is made with form 102 / RT, which, at the same time, is valid as a salary receipt. The fee includes the hiring of a Work Risk Insurer (ART).
4. MyPyME Certificate
The Monotributistas and those registered as Freelancers can request the registration in the Registry of Micro, Small and Medium-sized Companies that is carried out from the AFIP website, within the service called "SMEs, request for categorization and / or benefits" . The fact of possessing the certificate grants the benefits that at the time were established by law 27,264, regarding the deferment of VAT payment after 90 days, with the possibility after including it in a payment facilities plan ; in the computation of 100% of the Check Tax as payment on account of Earnings; the possibility of including debts in moratorium and payment facility plans with better conditions, in terms of rates and terms; the exemption of withholdings of exports of services, when not exceeding a certain annual amount of operations abroad and other tax benefits.
5. Earnings Deductions
The regime of the fourth category allows calculating personal and general deductions (monthly and annual) in the calculation of the withholding of Income Tax. Resolution 4003, of the AFIP, enables discounting the following concepts:
- Family dependents: The Earnings law allows discounting only two family ties, insofar as they are in the employee's care, that they have resided in the country for more than six months during the year 2020 and that they do not have annual income, of no type, greater than $ 123,861.17
- Spouse: only legal bond is allowed, the cohabiting deduction is not enabled. Annual cap $ 115,471.38
- Children and stepchildren under the age of 18, or older disabled for work. If the parents receive taxable earnings, each one may compute 50% of the deduction amount or one of them 100% of said amount. Annual cap $ 58,232.65 2.
- Medical fees: What is paid for healthcare, medical and paramedical services, for example: 1. Hospitalization in clinics, sanitariums and similar establishments. 2. Accessory benefits of hospitalization. 3. Services provided by doctors in all their specialties. 4. Services provided by biochemists, dentists, kinesiologists, speech pathologists, psychologists, etc. 5. Services provided by auxiliary medical technicians. 6. All other services related to assistance, including the transportation of the wounded and sick in ambulances or special vehicles. Up to 40% of the total amount paid in the year may be discounted for all these concepts for the medical care of the employee himself and that of his family members who are in charge, which are deducted in this retention regime. It will not be possible to deduct the amounts that after being paid were reimbursed by the social works. This item is annual.
- Check Tax: 33% of the check tax that banks withheld from the employee throughout the year 2020. Salary accounts do not suffer this tax, but generally banks offer checking accounts within the salary account package. If they were used in the year and there were withholdings of the check tax, that authorized percentage may be reported for the employer to refund in the annual declaration.
- Prepaid: Amounts that are destined to quotas or credits to institutions that provide medical assistance coverage, corresponding to the beneficiary and to the family ties that the employee deduces in the withholding. Corresponds to prepaid fees, emergency services, etc.
- Life insurance: What is paid for insurance premiums for death cases can be discounted, by 2020, up to $ 18,000 per year. The burial expenses of the taxpayer or of persons deducted by the employee, to the extent that they were not reimbursed. The annual cap for the latter concept is $ 996.23.
- Travel expenses: In the case of brokers and commercial travelers when they use their own car, they can discount the annual tax amortization of the vehicle. Also the interest on the loans to acquire them.
- Donations: Made to the national, provincial and municipal treasury and to the entities that were recognized as exempt by the AFIP.
- Rentals: 40% of the sums paid in rents for real estate destined to the worker's home, up to the annual limit of $ 123,861.17. The condition is that the employee is not the owner of any property.
- Interest: Corresponding to mortgage credits granted for the purchase or construction of real estate destined for the house, up to the amount of $ 20,000 per year.
- Reciprocal Guarantee: Contributions to the capital stock or to the risk fund made by the protective partners of reciprocal guarantee companies. This deduction has no limitation, it is only required that the contribution be kept for two years deposited.
- Domestic service: Amounts paid to private household workers, as consideration for their services, employer contributions and compulsory occupational risk insurance fee. The annual cap is $ 123,861.17.
- Other pension funds: Contributions made to Complementary Pension Funds, Pension Compensation Funds or similar, created by national, provincial or municipal laws, Collective Labor Conventions or Union Co-responsibility Agreements.
- Mobility and per diem expenses: paid by the employer, in the amounts established by the Collective Labor Agreement corresponding to the activity in question or - if not stipulated by agreement - those effectively settled in accordance with the documentation that accredits it. , and up to a maximum of $ 49,544.47.
- The expenses incurred by the worker for the purchase of clothing, which is necessary to carry out the work task and which has not been acquired or provided by the employer. This concept has no deduction cap.
6. Holding of investments made
The tax consequences of investments made by a person must also be analyzed. In the Personal Property tax, the “photograph” taken every December 31 of each year determines which goods are paid and which are exempt from the tax. For example, savings account balances and fixed terms, regardless of the currency in which they are expressed, are exempt. Nor does it pay for the possession of government securities.
Company shares are reported in the liquidation, but are excluded because companies are taxed by their members. Investments in foreign companies are included in the liquidation at the equity proportional value.
The funds are the tax criteria that compose portfolios. Cash, possession of foreign currency in safe deposit boxes or in the "mattress" and current account balances pay Personal Assets.
7. Investment income
The so-called "Financial Income Tax", with the latest reform carried out for this year, taxes the following investments:
- Interest or income: Bank deposits with adjustment clause, time deposits in foreign currency, bonds and other securities.
- Dividends and assimilable profits.
- Transactions for the sale of securities, digital currencies and other securities : Shares, representative securities and certificates of deposit of shares and other securities, quotas and shares, digital currencies, securities, bonds and other securities.
To have to pay, the annual return will have to exceed the non-taxable minimum of $ 123,861.17.
