The Minister of Economy, Sergio Massa, launches complementary measures to the changes made to the Income Tax. These are the keys to the ads.
Sergio Massa, Minister of Economy, will announce this Wednesday the 19 new measures to benefit retirees, monotributistas and workers freelancers with whom is expected to benefit more than 8 million Argentines.
The new ads are complementary to the changes on the floor of the Income Tax, which became official this Wednesday with its publication in the Official Gazette. Likewise, modifications are foreseen in the payment of the Value Added Tax (VAT).
One of the focus points of the proposals that promote Sergio Massa and his team is to alleviate the withholding that applies to self-employed workers when they receive payments. This is a key element because it would help equalize the situation of this sector with workers in a dependency relationship.
In summary, the keys to what will be implemented are the following:
- The implementation of a “bridge regime” to facilitate the transition between the system of Monotribute and that of Registered Responsible (the subject included in the general regime and has to pay VAT, Profits and Self-Employed individually).
- They provide for the creation of new monotax subcategories and the readjustment of current billing amounts, a climb the scales.
- The initiative contemplates a increase in income ceiling allowed to remain in the regime Monotribute.
- Will apply a reduction or similar VAT for Retirees (those who do not pay Guanacias)
- One possibility is to apply VAT discounts with the use of the Alimentar card for those who collect the Universal Child Allowance (AUH).
- He fiscal cost of the measures It will be financed with the PAIS Tax that taxes imports.
In Argentina there are around 2.9 million self-employed and monotributist workers, those who are expected to benefit from the announced measures. The almost 5 million who are in the informal category are not reached by the measures so far, but it is expected that this sector will benefit from the incentives that will be implemented for those who collect AUH.
The objective of the measures, which They seek to advance a project for a tax change in Argentinais also a way to bring relief to various sectors that were outside the changes that were applied to the Income Tax to counteract the effects of inflation in their pockets.
Source: Ambito
