Ismael Bermudez
09/16/2021 11:36 AM
Clarín.com
Economy
Updated 09/16/2021 11:36 AM
As planned months ago, in the next few hours President Alberto Fernández will sign the decree that
updates the current salary floor of $ 150,000 gross,
from which dependent workers begin to pay income tax.
It would be added to the economic measures that are being considered to ease the pockets of voters for November.
Government sources said that
the new floor could be $ 175,000,
an increase of 16.7% In the same proportion, the Earnings withholding will be adjusted for the salary segment between $ 150,000 and $ 173,000 gross, which would go to the
band of $ 175,000 to $ 202,000.
Due to
higher inflation and salary readjustments
, with the changes in the Income tax approved this year by Congress, Article 12 of Law 27,617 empowered the Executive Branch -only for 2021- to increase the floor of $ 150,000, to So that only 10% of salaries continue to be taxed by Earnings.
This power is now available to the President
to update the Profits floor
as of September.
The new value - which
is being calculated by the AFIP
based on the salaries declared by the companies -
will govern the September salaries that are paid at the end of the month or the beginning of October
.
However, in the business sector
they doubt that
the September salaries
can be settled
with the new salary floor
that, in addition, forces to recalculate the tax according to the salaries received
from January onwards.
It is that, on the one hand, even Economy and the AFIP have to publish the
regulations
and the new norms and
the companies must adjust their accounting devices
with the new values.
According to the Government, when the floor was raised to $ 150,000 gross, retroactive to January, supplemented by the increase in the non-taxable minimum of retirees and pensioners from 6 to 8 minimum salaries,
1,267,000 became exempt from Earnings.
In the case of
retirees and pensioners
, the non-taxable minimum of 8 minimum assets is applied if they do not pay the Personal Assets tax and if they do not have other income or have it - for example, rent, interest - but less than $ 167,678.
In that case, the exemption from the salary floor applies.
In the Government they assure that the new floor should allow that same number of workers and retirees and pensioners to continue exempt and 10% of the workers pay Profits (
almost one million
).
For retirees and pensioners, the adjustment of the non-taxable minimum is automatic because it is set as a multiple of the minimum credit that is updated every three months according to the mobility formula.
Between September and November,
8 minimum assets are $ 207,376
($ 25,922 x 8).
On the other hand, for workers in a dependency relationship, the non-taxable minimum (which starts at $ 74,810 net) was not modified, but
a fixed sum floor
($ 150,000)
was established or
added
.
The non-taxable minimum applies to those who receive above the salary floor.
When the Earnings project was prepared in January, the inflationary pattern was 29% and the parity companies agreed to increases of 30/31%.
Now,
official inflation is projected at 45.1%
and the parity ones revised up the previous scales and the new Agreements started with
increases of more than 40%.
Meanwhile, according to the law,
the salary floor must be adjusted annually by the variation of the RIPTE
(index of formal salaries prepared by the Ministry of Social Security).
Then there will be another problem: in 2022 the percentage of increase of the Profit floor will be applied on the $ 150,000
or on the new value of September?
NE
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