09/03/2021 12:03
Clarín.com
Economy
Updated 09/03/2021 2:29 PM
When it was approved, in April 2021, the
increase to $ 150,000 from the floor
from which the Income Tax is paid, the Government already knew that it would be outdated.
Thus, the law - in addition to an automatic annual adjustment in January - allows for this year alone to have another increase in that minimum, which
the Government has already anticipated
will be based on the September assets
.
Is that inflation caused many parity reopens and those increases will surely cause some wage earners who were left out of the tax, begin
to pay taxes
.
To avoid this, at the end of August, a bill was entered into Congress that stipulates an extraordinary adjustment that would bring the amount of gross monthly compensation exempt from the current $ 150,000 to $ 180,000 in the coming months.
If law
27,617
is not modified
, a worker who before the salary recomposition received an average monthly remuneration of up to $ 150,000, and therefore did not pay income tax, after the increase in his remuneration will pay.
Income Tax iaraf cases single salary
According to a work carried out by the IARAF consultancy,
for a single worker, without children,
if the recomposition increased the average gross monthly salary from $ 150,000 to $ 160,000 (
6.66%
), he
would be taxed $ 5,889 per month,
that is, a 4, 1% of your net monthly compensation.
If the adjustment takes your gross income
from $ 150,000 to $ 170,000
(salary increase of 13.33%), the tax would be $ 12,741 per month (8.4% of your net compensation) and if the increase took the average
up to $ 180,000
(20% increase), the monthly amount of the tax would be $ 16,970, which represents 10.6% of the worker's net income.
In the case of workers who can deduct spouse and two children, the effects would be similar, although attenuated by the higher deductions that can be computed, adds the work.
In these cases,
the tax would remain with a proportion that is between 12% and 35%
of the amount in which the salary increases, depending on the joint agreement that is reached.
How would the Income Tax be if the worker receives increases.
Source: IARAF
"The examples developed show the importance of adjusting the values established in Law 27,617, so that workers with incomes close to the originally set ceiling,
do not see a significant part of the salary readjustment achieved
to try to compensate for the effects of inflation on their income, due to the obligation to pay income tax ", concludes the IARAF report.
NE
Look also
The Government prepares to raise the Profits floor and the minimum wage