What are the benefits for monotributistas that Massa announced?
Economy Minister Sergio Massa announced that Monotributistas of categories A, B, C and D will not pay the tax component of this tax for 6 months.
The Head of the Palace of Finance explained that “in addition, for all monotributistas, there will be access to credit for up to 4 million pesos, depending on the category, to be paid in 24 installments at half the bank rate with 100% guarantee of the State”.
Monotributo: What is the tax component and who will not pay it for 6 months?
The head of the Palacio de Hacienda reported that categories A, B, C and D will not pay the tax component for six months. It should be remembered that the monotributo unifies the tax component (VAT and Profits) and the pension component (retirement contributions and social work) in a single monthly installment.
Through his account on the Instagram social network, the head of the Palacio de Hacienda explained that “in addition, for all monotributistas, there will be access to credit for up to 4 million pesos, depending on the category, to be paid in 24 installments to half of the bank rate with 100% State guarantee”.
Massa also stressed that “the productive monotribute will be launched for the incorporation into the formal economy of independent workers who are in the informal economy.”
Credits for AFIP monotributistas: how it is processed
At the end of June of this year, the Government announced that monotributistvas could access up to $2.2 million for investments through the CreAr Argentine Credit line for micro-enterprises.
The CreAr financing scheme promotes that the entire productive network, from a micro-enterprise to an exporting SME, can access financing with subsidized rates and guarantees from the National State to maintain the level of activity, boost industrial exports, generate quality employment and promote the transformation of the productive structure.
The program includes lines with public banks, such as BNA, Banco Argentino de Desarrollo BICE and provincial banks, private banks, direct loans from FONDEP, and lines specially designed for MiPYMEs, medium and large companies, import substitution, strategic sectors, expansion of exports , or acquisition of capital goods through leasing, among others.
Source: Ambito
