He Ministry of Economy announced the Program “Buy without VAT” for the purchase of basic basket products for retirees, workers and monotributistas. However, with the announcement a host of questions arose about how the benefit will be made.
Some are: what will happen to virtual wallets, if MODO applies, which is a bank wallet, what products of the basic basket are contemplated, among others. In this note, a summary of the queries that arose and the responses that were collected Ambit to provide greater clarity.
Buy without VAT: who are the beneficiaries
- Retirees and pensioners
- AUH Beneficiaries
- Monotributistas
- Employees in a dependency relationship
- Workers in private homes
In some cases, as in the case of Private House workers, they manage to meet double requirements (being a beneficiary of AUH, for example) so there is no doubt about direct income to receive the benefit.
Buy without VAT: what are the requirements that beneficiaries must meet
- Retirees will not be able to collect more than three minimum salaries. Today the minimum asset is $87,460, Therefore, those who are excluded from this benefit charge above $262,380.
- Formal workers must have income of up to six minimum, vital and mobile salaries ($708,000 gross in total).
- The monotributistas They will not be able to have extra sources of income other than the main one.
Buy without VAT: how much you will have to buy to access the monthly total
All VAT on essential products will be refunded (21% of the value of the products), with a limit of $18,000 per month per beneficiary. To receive a refund of $18,800, you must make a purchase of $89,523 in basic basket products.
He refund is made within 48 hours after the purchase, however shortening the process to 24 hours is not ruled out.
Buy without VAT: what will happen to virtual wallets
At the moment the virtual wallets such as Ualá, Mercado Pago, MODO or others, are not included. It is not ruled out that they will be incorporated later.
Buy without VAT: can you make purchases online and receive a 21% refund?
Yeah. If it is with a salary account debit, the refund is made.
Buy without VAT: can other bank benefits and promotions be combined?
Yes, as long as they are with debit You can use bank promotions and accumulate discounts. It is worth remembering that the 21% refund is made upon purchase.
Buy without VAT: until when will it be valid?
The measures will come into effect from Monday, September 18 Until december 31.
Buy without VAT: what products are covered?
In the basic basket, As registered by INDEC, the following products are included:
- Bread
- milk
- water/candy cookies
- rice
- wheat flour and other flours
- noodles
- potato/sweet potato/vegetables/fruits
- sugar
- sweets
- dried vegetables
- vegetables
- fruit
- meats
- offal
- cold cuts
- eggs
- cheese
- yoghurt
- butter
- oil
- non-alcoholic beverages
- alcoholic beverages
- fine salt
- condiments
- vinegar
- coffee
- Herb
Buy without VAT: if I buy other products that are not included, is the benefit the same?
Yeah. The refund is upon purchase because there are products that are not subject to the tax or have other rates but the refund is still given.
Buy without VAT: is the discount amount updated?
Yeah. The expansion will have a updatable amount which will be equivalent to 21% of the value of the Basic Food Basket (CBA) published every month by INDEC, and which indicates the income that a household needs to avoid falling below the indigence line.
Latest reported value which is from the month of July, was $111,642 for a household of two adults and two children.
Buy without VAT: what cards can I use to make the discount?
Something important to keep in mind is that the debit card must be SALARY ACCOUNT. A refund cannot be given if it is an additional card or prepaid cards. In that sense, each person “will be identified with the CUIL or CUIT in the database to cap the limit” at that amount.
Buy without VAT: is the refund per family group?
No. The monthly reimbursement limit is per person and not per family group, and is not cumulative: that is, if a person is a monotributist and, at the same time, works in a dependent relationship, they will have a limit of $18,800.
Buy without VAT: can it be used at wholesalers?
Yes, it also includes pharmacies and shops, as well as supermarkets. It can be used for purchases at wholesalers paying with a salary account debit card.
Source: Ambito
