The Government launches this Monday the VAT refund in the purchase of basic basket products with Debit. According to AFIP sources, around 20 million people can already obtain the benefit. Everything you need to know to go shopping today, in this note.
1. VAT refund: who are the subjects affected
Subjects who receive any of the following concepts, not mutually exclusive, will be beneficiaries of the refund regime:
a) Retirees, pension beneficiaries due to death and non-contributory national contributions.
b) Beneficiaries of universal allowances per child for social protection.
The total monthly amount of this income must not exceed the sum of six guaranteed minimum assets.
c) Beneficiaries of pregnancy allowances for social protection.
and) Workers in dependency relationship, provided that the monthly income does not exceed the sum of six times the Minimum, Vital and Mobile Wage. For this income, the gross remuneration accrued in the fiscal period expired in the same month in which the information of the beneficiary subjects is sent to the managing entities of debit card systems will be taken into consideration. In the case of multiple employment, the sum of the gross remuneration will be considered.
For the current month, the remunerations reported in the period of August 2023 will be considered.
f) Personnel of Private Houses.
g) Monotributistasexcept that they obtain income from concepts included in the last paragraph of article 11 of the annex to law 24,977.
2. What are the requirements
- In the case of retirees They will not be able to collect more than three minimum salaries. Currently the minimum is $87,460, therefore, Those who earn more than $262,380 will not be able to access the benefit.
- formal workers They must have income of up to six minimum, vital and mobile salaries. This implies $708,000 gross in total.
- The monotributistas They must not have another source of income other than the main one.
3. Payment method
Purchases can only be made through debit cards salary account, so if it is paid by credit, transfer or cash, they will not enter the program. Virtual wallets are also not included in the program, except for the DNI Account.
4. How the return is made
The refund will be made effective automatic way within 48 hours and with a limit of $18,800 per month and per person, made with a bank debit card. No prior procedure is necessary.
5. How much money will be returned?
All VAT on the products of the company will be refunded. basic basket (21% of the value of the products), with a limit of $18,000 per month per beneficiary. This is approximately for an expense of $108,000 per month.
6. What products are achieved?
The Basic Food Basket of the National Institute of Statistics and Censuses (Indec) for an adult includes:
- Bread
- Water biscuits
- sweet cookies
- Rice
- Wheat flour
- Other flours (corn)
- Noodles
- Dad
- Sweet potato
- Sugar
- Sweets: includes sweet potato, jam, dulce de leche
- Dried legumes: lentils and peas
- Vegetables: chard, onion, lettuce, plum tomato, carrot, pumpkin, canned tomato
- Fruits: apple, tangerine, orange, banana, pear
- Meats: roast, common meat, backbone, shoulder, minced meat, buttock, chicken, fish meat
- Cold cuts
- Eggs
- Milk
- Cheese: cream cheese, cuartirolo cheese, grating cheese
- Yoghurt
- Butter
- Oil
- Non-alcoholic beverages
- Alcoholic beverages
- fine salt
- Condiments
- Vinegar
- Coffee
- Herb
7. VAT refund: can be combined with other benefits
Yes, as long as they are with debit you can use bank promotions and accumulate discounts. In this note, all bank promotions card by card.
8. VAT refund: Where can the benefit be used?
In all shops, supermarkets, mini-markets, wholesalers, greengrocers, butchers, fruit shops, that sell this type of products and are duly registered in the formal activity.
9. VAT refund: Is the refund per family group?
No. The monthly withdrawal limit is per person and not by family groupand it is not cumulative: which means that if a person is a monotributist and, at the same time, works in a dependent relationship, they will have a limit of $18,800.
10. VAT refund: Until when will it be valid?
The “Buy without VAT” program establishes the refund of 21% of VAT for all products in the basic food basket from Monday, September 18 until December 31, 2023.
Source: Ambito
