how will improvements for workers and monotributists be

The government's decision implies that the lowest income tax income will be $ 55,376 net or $ 45,962.08 net (instead of $ 46,146 gross or $ 38,301 net in effect). up to now) in the case of a single worker without any deduction per family (nor deduction of any expense) and gross of $ 70,274 or $ 58,327.42 net s & # 39, it is a salary that deducts the spouse and two children (in this case, the minimum to pay is $ 61,046 gross or $ 50,668 net).

This means that the income on which it is taxed (the minimum commonly called tax-free) increases by 20%, after this year had a 28.29% increase over 2018, an index applied based on 39, a law, but that was well below inflation, said the newspaper La Nación.

The latter resulted in the payment of a higher tax (measured as an effective percentage of salary) and even lower income than today.

It also plans to reduce the tax burden for tax-affected pensioners who earn a special minimum income (if they meet certain conditions) equivalent to six basic salaries and who, during these years, month, is $ 69,170.64. while in September this amount was to reach $ 77,623.29.

The recalculation of the tax would be done for everything that has already been paid this year. For example, in the case of a married worker with two children and a gross salary of $ 80,000 per month, a refund of approximately $ 12,000 will be added, adds the morning.

AFIP must now study and organize how this return will be effective.

Another announcement by President Mauricio Macri related to the wage income of workers in the formal sector concerns personal contributions. In the Treasury, they said that the decision referred to the salary reduction of the pension system, which corresponds to 11% of salary. Yes, those who will finance the social work of the employee (3%) and the PAMI (3% additional) would remain in force.

This release of the cargo will only be effective for the months of September and October (it has not been clarified, even if it is the accumulated income or the income collected during those months). The effect of this release on freight will be for those whose gross salary does not exceed $ 60,000 per month, with a ceiling of $ 2,000 for the exemption. It will reach about 6.5 million people.

And monotributists, meanwhile, will not pay the tax component of their monthly contribution. According to official sources, the largest pocket income of these taxpayers for the month of September alone will be $ 1,000 on average.

The taxpayers to whom they are entitled must pay, as they usually do, the amounts for the pension system and social work.

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