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Earnings: after Alberto Fernández's announcement, when is the retroactive payment charged?

2021-04-20T16:14:47.279Z


After enactment, the government needs to regulate the standard. 04/20/2021 12:39 Clarín.com Economy Updated 04/20/2021 12:39 11 days after he voted in Congress, Alberto Fernández promulgated the law that modifies the Income Tax on Tuesday and establishes that those who earn less than $ 150,000 gross or, if they are retired, less than 8 retirements will stop paying this tax. minimal. According to official data, 1,267,000 workers and retirees will no longer p


04/20/2021 12:39

  • Clarín.com

  • Economy

Updated 04/20/2021 12:39

11 days after he voted in Congress, Alberto Fernández promulgated the law that modifies the Income Tax on Tuesday and establishes that

those who earn less than $ 150,000 gross

or, if they are retired, less than 8 retirements

will stop paying this tax.

minimal.

According to official data,

1,267,000 workers and retirees will no longer pay

and those who earn more than $ 150,000 will also have relief.

As the rule is retroactive to January, it was initially expected that employees and retirees would

receive a refund of what they overpaid with their April salary,

which is collected at the end of that month or the first days of May. For the standard to be 100% operational and for those retroactive measures to be applied,

it is now necessary for the regulatory decree and the AFIP resolution to be published

, along with the corresponding application

.


The Executive Branch has yet to decide 

which discount method is going to be applied to those who charge between $ 150,000 to 173,000

, so that there is no jump in the payment of the tax due to a salary increase.

If the regulation is delayed,

 companies may not be able to do the numbers to return the difference

with the April salary.

In any case, the refund could be made throughout the month, after the collection of the salary. 

What changes with the law

In addition to modifying the non-taxable minimum, which is now $ 150,000, the new law:

* Excludes the payment of the bonus from the calculation.


* In addition, it eliminates the age limit to deduct children for disability.

* Extend the deduction to the concubine / whatever the sex.

* Exempts health personnel from paying the tax for overtime or shifts until September.

* Excludes from the Tax the provision of educational tools for the worker's children.

* There is a specific exemption for the payment of particular supplements for military personnel.

Happy, expectant and angry employees

According to the tax specialist César Litvin, the situation of employees, according to what they earn is divided into those who are happy, expectant and angry.

The "

happy" 

are those with

net salaries of up to $ 124.50

0, who will stop paying the tax for a time and will return what has been withheld since January.

The

"expectant"

workers

are those with

net salaries of between $ 124,500 and $ 145,200

and will pay

a little less in

the tax, but it is not yet possible to estimate how much, since it will depend on how the deductions are increased in the regulations.

And finally, the "angry", whose net salaries are greater than $ 145,200.

"They had been paying a lot and they will continue to pay a lot," explained Litvin on his Twitter account.

"They are within the section of the 31% rate, since neither the non-taxable minimum nor the tax tables are modified."

NE

Look also

Income Tax: the 17 changes that will ease your pocket

Earnings: Senate sanctioned changes to stop paying workers earning up to $ 150,000

The provinces will absorb 60% of the impact of the drop in income tax

Source: clarin

All business articles on 2021-04-20

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