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Earnings: regulation is delayed and the chances that the refund will be collected in May disappear

2021-04-22T20:50:08.274Z


It benefits 1.2 million people. They do not rule out that the return is made in installments.


Annabella quiroga

04/22/2021 16:05

  • Clarín.com

  • Economy

Updated 04/22/2021 4:05 PM

The regulation of the changes in the income tax is still pending and a few days before the end of the month

the chances

that the refund will be collected with the April salary

disappear

.

In this way, it is most likely that

only as of June

the beneficiaries of the new law, 1.2 million employees, will feel the change in their pockets.

It has not yet been defined whether the return will be made in a payment or in installments.

On Tuesday the 21st, the Government promulgated the law that Congress passed on

April 8th.

The reform establishes that those who earn less than

$ 150,000 gross

or, if they are retirees, less than 8 minimum retirements

will stop paying Earnings

.

With these changes, the floor of the non-taxable minimum is raised to 150,000 pesos of gross monthly salary, while in the case of retirements, only those who earn more than

8 minimum salaries will

pay the tax

.

With its entry into force,

only 7 out of 100 workers

and 0.4% of retirees

will pay the tax

.

But for the law to be effective, it still needs to be

regulated by the Ministry of Economy first and the AFIP later.

From official dispatches they indicate that "work is being done" on the issue but they do not give details of when the regulations will be complied with.

In this way

, the chances

that the workers who benefit from the change in Earnings will receive it with the next salary

are diluted

.

How the retroactive will be paid

The law will be retroactive to

January 2021

, so the beneficiaries will receive a refund of the amounts withheld until now.

Now the chance is open for this return to

be made in installments

instead of completing it in a single payment.

With the changes in Earnings, the State will stop receiving $ 40,000 million throughout the year.

According to private calculations, the reimbursement would reach an amount of

$ 10 billion

, so the repayment in installments would alleviate the fiscal cost. 

Starting tomorrow, companies that pay salaries in the first days of the month must

begin

to pay to get to pay in a timely manner.

If the regulation does not appear, they will not be able to include the retroactive one in the April receipt.

And the workers

will suffer the discount of Earnings

also with the salary of the fourth month of the year.

Francisco Schweizer, Manager of Tax Advice at SMS Buenos Aires, details that "in cases where the payment of salaries is made during the first days of the last week of each month, the preparation of the settlements has already begun. it is complex in itself to be able to comply in a timely manner with the corresponding settlements 

if the necessary regulations are published only 24 or 48 hours in advance

".

Schweiger explains that the Ministry of Economy and AFIP

do not have a deadline for regulation.

"Of course, the sooner it is published, the better, but in order to apply these changes to the April salary settlements, it will depend on the settlement procedure and scheme of each company."

The way in which the refunds will be made will be established by the regulations.

"The law did not provide details on this point, therefore we should wait for how it arises,

if it

is established that the return will be in installments or in a single payment

, if a specific month is set or if a date is available. cap to do so, among other things, "says Schweiger.

AQ

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Source: clarin

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