The Limited Times

Now you can see non-English news...

How the 10% discount on the price of meat will work


There will be a return cap of $1,000 per trade, but there will be no monthly limits. Announced this week.

Although it has not yet been officially launched, the Government has already released some details of what the new 10% discount will be like on meat purchases made with a debit card intended to contain the value of the farm that is already reflected in the counters.

How will the discount work?

Customers will receive a

10% discount on their debit card purchases

at butcher shops.

What will change for the merchant?

The operation must be done through

a posnet

that will be distributed by the Government.

This is a controversial point due to the informality in this area, which reaches 90% of sales.

How much will the discount be?

The consumer will have this refund in his account up to a maximum of $1,000 per transaction.

This means that if you spend 15,000 pesos on a purchase, they will only return $1,000 and not $1,500, which is 10%.

But if you spend $20,000 on two different purchases of $10,000 each, you'll get a $2,000 discount.

What benefit will the butcher have?

The benefits for the butcher will come from the tax side- They will have

a 90% discount on the self-employed quota,

that is to say that the butcher shops will pay only 10% of their tax burden (a benefit that would not exceed $4,000, according to calculations in the industry).

This includes

both monotributistas and those who are registered in the general regime.

On the other hand, merchants will be able to discount 5% of the invoice for purchases they make to the refrigerator

from the Income Tax and Personal Assets, and use that credit during the 12-month fiscal period.

How long will the discount plan last?

The Government estimates that it will last 12 months.

Why did meat increase?

The reduction of the available stock due to the drought and the retention of animals resulted in

a 40% increase in the price of the ranch

in the Cañuelas Market. 

For this reason, another part of the official plan will be a

non-reimbursable contribution to cover half the cost of fattening cattle

against a 75% slaughter put to fattening in feedlot.

They will be paid

up to a maximum of 70 heads per producer.

"The issue is that ranchers don't have more grass in the field, so they take it to the feedlot to fatten it up and pay rent, the State is going to invest a lot and it's going to pay them half of the food," they pointed out in Agriculture.


look also

The increase in the price of meat reaches the shelves and there may be more increases in the short term

Inflation: January closes at close to 6% and the increase in meat puts pressure on February

Source: clarin

All business articles on 2023-02-06

Similar news:

You may like

News/Politics 2022-12-30T11:03:57.579Z

Trends 24h

Business 2023-03-25T10:42:12.946Z


© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.