Ismael Bermudez
06/13/2021 20:15
Clarín.com
Economy
Updated 06/13/2021 20:15
“June salaries for workers earning up to $ 150,000 gross - before retirement and health discounts -
will not be covered by Income Tax
.
The half bonus will not be reached either.
The benefits will begin to be observed in the next receipts since this week the AFIP regulations that have finished implementing the changes will be published in the Official Gazette ”.
The measure reaches 1,200,000 workers.
In turn, the amounts withheld between January and May will be refunded in
5 monthly payments
.
The refund will be made in monthly installments between July and November.
Thus,
government sources
told
Clarín
that the delay in the implementation of the changes was because “the law was approved at the beginning of April and was promulgated at the end of that month.
The regulatory decree was published at the end of May.
The remaining step was the
General Resolution of the AFIP
where it was necessary to reconcile the definitions of the law with the form of tax settlement.
The General Resolution of the organism had to avoid labyrinths that dragged the text of the law to guarantee the scope of the benefits ”, they justified.
v 1.5
Income Tax for individuals and companies
Tap to explore the data
»In% of GDP
Source:
OECD
Infographic:
Clarín
Meanwhile, some
200,000 workers who earn between $ 150,000 and $ 173,000 gross will pay less Earnings
because they will have a special deduction that will allow them not to receive less than $ 150,000 gross or $ 124,500 net.
And those who earn
more than $ 173,000 gross continue to pay Profits as before.
For example, the single child without children with a net salary of $ 200,000
will pay this year $ 36,550 per month.
In the case of retirees and pensioners, such as those reached by Earnings -
about 230,000
- they begin to receive the June credit and the half bonus from Wednesday 23 of this month and the settlement is already made with the values prior to the new law, a special refund would be available in late June or early July.
In turn, the amounts withheld for the period January to May will be reimbursed in 5 monthly payments.
The refund will be made in monthly installments between July and November.
In any case, we will have to wait for AFIP to disseminate the new rules to know how other benefits will be applied.
For example, the law
extends to
the male or female partner - regardless of sex - the deduction of $ 156,320.63 per year from the taxable income per spouse if they do not have their own income.
Until now, this year Earnings began to be paid from a net salary, $ 74,812 in the case of single without children.
With deductions for a spouse and two children, the non-taxable minimum rose to $ 98,966, including in both cases the proportional bonus.
According to the calculations of the accountant Daniel Lejtman, partner of Lisicki, Litvin and Associates, a single worker without children with a gross salary of $ 100,000, which is equivalent to a pocket salary of $ 83,000, paid $ 583 per month (0.7 %) of Earnings and in June
you will not have a discount.
And between July and November you will receive 5 refunds for that same amount.
Between that monthly return and what is no longer withheld, between July and November the
monthly improvement is $ 1,166.
With $ 110,000 gross ($ 91,300 net),
they stop deducting $ 1,657 per month (1.8%).
In addition, if it is considered that that worker will no longer be withheld that same figure, between July and November he will have $ 3,315.60 more available per month.
With $ 120,000 gross ($ 99,600 net)
they will not discount $ 3,220 (3.2%).
With a monthly improvement of $ 6,440 between what is no longer withholding the return between July and November.
And so, up to $ 9,640 (7.7%), for those who receive $ 150,000 or $ 124,500 net.
And $ 19,280, among the $ 9,640 that will not retain you plus the $ 9,640 to be returned in 5 months.
In the case of married couples with 2 children, as the deduction for family burden is added to the non-taxable minimum, the incidence of the new law starts with higher gross wages.
Thus, with a
gross salary of $ 120,000 or $ 99,600 net,
the improvement is minimal: $ 34 per month because it barely exceeded the non-taxable minimum.
A $ 68 "relief" between July and November.
With $ 130,000 gross ($ 107,900),
the monthly income increases by $ 656. It represents an improvement of $ 1,312 per month in 5 months. With $ 140,000 gross ($ 116,200), out-of-pocket income goes up $ 1,779 per month (1.5%). An improvement of 3,558 in 5 months and with 150,000 gross ($ 124,500 net), they stop retaining 3,374 (2.7%), an improvement between July and November of $ 6,748.
