Massa explained the changes from January 1, 2023
“In this way, there will be less than 600,000 wage earners throughout the country who will pay the tax based on these updates”explained the minister, “complying with our commitment that of the total number of workers, less than 10% be the ones who pay Income Tax”, he remarked in a thread of tweets.
“With the entry into force from January 1, 2023 of the new update of the non-taxable minimum of Income Tax to $404,062more than 300,000 thousand workers will not pay the tribute”, indicated Sergio Massa in another of his posts, where he gave details of the scope of the amounts and the total impact of the measure.
As of January, not only will the exempt minimum gross wage and the table of Increased Special Deduction be updated according to the interannual variation of the RIPTE to October, but also personal deductions, the special deduction for workers in a dependency relationship and brackets of the tax scale.
“Also, personal deductions and brackets of the tax scale will be updated to generate #FiscalRelief for higher-income wage earners”, clarified the head of the Palacio de Hacienda this Thursday. In all, he detailed Massa in her tutis thread, about 312,864 workers They will benefit from the changes.
How are the scales
The impact of the measure will make it go from January to 899,382 employees who pay this tax to 586,518 workers, 312,864 will stop taxing profits.
They are also updated scales.
- In the case of an employee single childless with a gross salary of $350,000 who today pays $11,159 for the tax, will go to stop paying tax.
- In the case of an employee single with a salary of $400,000 who today pays $43,592 per month, will also go to not have discounts.
- A worker single What does he charge $450,000 gross goes from paying $71,556 per month, to pay $21,704.
- In the case of receiving the same salary but having two childrenthe payment for winnings becomes from $57,762 to $6,088.
- A worker with two children who receives a gross salary of $500,000 and that today he pays $72,287 for earnings, he will pay $20,892the equivalent of a reduction of $51,395 per month.
- If I collected $500,000 but did not have childrenI would pay $86,081 to $40,837.
- In the case of a worker childless that copper $550,000 will pass to pay $100,606 to $53,958. A tax relief of $46,648. If you have two children, you will go from paying $86,812 to paying $32,097.
- if the worker single without children will charge $600,000 and that in December he paid $115,131 as profits, in January will pay $68,483.
- In the case of having two childrenthis reduction will go from $101,337 to $44,717 to pay in January.
- If the worker were paid $650,000 and it was single without children will go from paying $129,656 in December to $83,008 in january.
- In the case of having two children will go from paying $115,862 in December to $58,339 in january.
News in development.-
Source: Ambito
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