The new caps grow between 82% and 129% compared to last year. The parameters were not updated since April 2022.
The Ministry of Industry and Productive Development updated the billing ceilings so that companies can fit into the SME category. The new amounts grow between 82% and 129% in line with inflationjust as Scope had anticipated.
“Through Provision 88/2023 of the Undersecretariat for Small and Medium Enterprises, which will be published this Friday in the Official Gazette, the maximum billing amounts in all sections were updated, taking the Implicit Price Index as a reference ( IPI) of the Gross Domestic Product prepared by INDEC, sectorally differentiated”, it was officially reported.
The cap update was essential for those companies that wanted to renew or obtain the SME Certificate, What is needed to get tax benefits?such as the possibility of applying the Tax withholdings to the Check to cancel the VAT or Income Tax.
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Since March 30, SMEs are considered companies in the Industry and Mining sector that bill between $150.6 million and $16,184 million per year; Commerce, between $213.1 million and $10,310 million; Services, between $36.8 million and $2,626 million; agriculture, between $91 million and $3,126 million and construction, between $78.6 million and $3,907 million.
Parameters had not been updated for a year. Now in the new organization scheme established by the secretariat in charge of José Ignacio de Mendiguren, the variables will be modified more frequently, officials said.
“Currently, 1,773,892 companies, self-employed, cooperatives and monotributistas, both employers and non-employers, have the current certificate. This number implies a 234% growth in the number of registered taxpayers compared to December 10, 2019,” it was reported.
Source: Ambito
