Ismael Bermudez
03/10/2021 8:53 AM
Clarín.com
Economy
Updated 03/10/2021 8:53 AM
The 10 key points of the project to modify
the Income Tax presented by the head of the Chamber of Deputies, Sergio Massa, with the changes agreed until yesterday with the Ministry of Economy, AFIP, CGT and other deputies, are:
1ST FLOOR
The
salaries of workers in a dependency relationship and the assets of retirees and pensioners who receive up to $ 150,000 gross per month
are exempt from the payment of income tax
.
The
bonus is exempt
for workers and retirees who earn less than $ 150,000 gross.
In total, it comprises 1,267,000 workers and retirees and pensioners.
And in a complementary way, 102,741 workers and retirees with gross salaries between $ 150,000 and $ 173,000 will pay less to avoid sudden “jumps” in the scale of the tax.
This floor of $ 150,000
is adjusted annually by the variation of the RIPTE
(index of formal salaries prepared by the Secretary of Social Security).
This can lead to a salary increase in the course of the salary year, the salary exceeding the new gross minimum amount and Profits are taxed again.
Currently,
single
dependent employees
without
minor
children
pay Income Tax from
a net monthly salary of $ 74,810
, while
those married with two minor children pay it from $ 98,963 net
, after retirement discounts and Health.
Meanwhile,
retirees and pensioners pay Earnings if they earn more than 6 minimum wages
.
Consequently, if this project is approved, the current Earnings discount that goes to the AFIP will be received - in different magnitudes - by those dependent workers, retirees and pensioners.
2. EFFECTIVE FROM JANUARY 1
The validity of the project will be retroactive to January 1, 2021
.
It means that the 1,267,000 workers and retirees who are going to stop paying the tax for the new apartment of $ 150,000,
with the collection of the salary of April, will receive or will be returned what they paid for January and February and pay
the tax to the earnings.
With this measure, it is estimated that in April 1,267,000 workers and retirees will receive a refund of $ 10 billion, at the rate of an average of $ 7,893
3. WAGES BETWEEN $ 150,000 AND $ 173,000 GROSS
The AFIP is empowered to set a
special deduction for salaries over $ 150,000 and up to $ 173,000
to avoid "abrupt jumps" in the tax.
This will allow the employee who, for example, earns $ 155,000 gross or $ 128,650 net, will not be able to have an Earnings discount greater than $ 4,150, when currently the single without children, for example, is deducted about $ 18,000 per month.
The latter happens because the non-taxable minimum starts from a gross salary of $ 90,135 (net before earnings of $ 74,812).
4.
MONTHLY CALCULATION
Income tax with the salary floor of $ 150,000 gross will be calculated on a monthly basis.
This means that if at any time of the year the employee receives an increase and exceeds that amount, there will be months in which he will not pay Earnings for salaries of up to $ 150,000 and months where he will pay the tax because the salaries were higher than that gross.
Workers who receive a salary increase and exceed $ 150,000, will pay income tax again.
If with the increase the gross salary is between $ 150,000 and $ 173,000,
that special scale will govern so that after the salary increase they do not receive less out of pocket than what they received before the increase.
Meanwhile,
those who earn more than $ 173,000 gross will continue to pay Earnings as before.
For example, the single child without children with a net salary of $ 200,000 will pay this year $ 36,550 per month.
Since March, retirement and health contributions are made up to $ 225,171.69 of gross compensation, a value that is adjusted every three months with mobility.
5. RETIREMENTS AND PENSIONS
The Non-Taxable Minine (MNI) for retirements and pensions is raised from 6 to 8 minimum assets ($ 164,571.44)
, an amount that is automatically adjusted every three months (March, June, September and December) for mobility.
This means that they
start to pay Profits from that sum from the 5% rate.
According to ANSeS, some 130,000 retirees and pensioners of the national system will stop paying the tax and another 30,000 will pay less.
And it is estimated that it will also reach another 70,000 beneficiaries of the Provincial Savings Banks not transferred to the Nation and other special regimes.
In total 230,000 people
6. KEY CHANGES
Currently to access the benefit
of the special deduction of Earnings of 6 minimum wages,
the retiree or pensioner can not have other income
other than retirement or pension, such as a salary, bill as monotax or charge interest for a fixed term.
Nor does it apply if they pay for Personal Assets, unless the only thing they have is their Home).
The most exclusive and absurd case is that of the fixed term because it is enough to receive today $ 100 or $ 1,000 of interest, so that the income tax can represent $ 10,000, $ 20,000 per month or more.
This inhibited many retirees or pensioners from making a fixed term
because the additional payment of Earnings far exceeded the fixed term interest.
The project maintains the MNI of 8 minimum assets if the retiree or pensioner has other income of up to $ 167,648.40 per year, a value equivalent to the non-taxable income
7. MOBILITY AND ROOMS
Today the law allows the deduction of mobility expenses settled in the salary receipt
up to a maximum of 40% of the non-taxable income
.
In the case of long-distance transport,
the cap is 100% of the non-taxable profit.
Long-distance transport is considered to be the driving of vehicles whose route exceeds 100 kilometers from the usual place of work.
The project proposes to consolidate this acquired right
of the workers and incorporate the deduction fully into the text of the law - in a similar way to how it is established today through delegated powers - to avoid limiting the deduction of mobility expenses in the future.
8. PATAGONIAN AREA
To make clear the political will that the benefit is untouchable,
an article will be incorporated that establishes that the benefit of the additional 22% remains in force.
This includes about 83,467 employees and retirees who will pay the tax in this area - but with a lower tax burden than the rest of the taxpayers - because they will maintain an increase in deductions of 22% compared to the rest of the country.
This means that they pay Earnings from higher salary levels.
9. CONCUBINATE
Currently, the taxpayer can deduct $ 156,320.63 annually from the taxable income of the spouse tax if they have no income.
The project extends the deduction to the concubine or concubine - whatever the sex.
The AFIP regulations will establish the conditions for the deduction, such as: coexistence union act, rental contract, etc.
10. SELF-EMPLOYED, MONOTRIBUTISTS, OVERTIME
In the coming days there could be news with the tax treatment for monotax, self-employed workers - who pay Earnings from very low income - and for the income that the worker receives for working overtime.
In the case of monotributistas,
there is a government bill that
, among other points
, contemplates the possibility that monotaxistas who exceed up to 25% of the maximum category of the system can remain in the Monotax
.
And those who pass to the General Regime will have the reduction in VAT to be paid to the AFIP in the first three years (50%, 30% and 10%, in each year).
YN
Look also
Monotax: what benefits does the new AFIP project propose
Profits: Government says there is scope to lower the tax and encourage consumption
