The Minister of Economy announced the creation of the Buy without VAT program that implies the refund of the tax of 21% of the total purchase on products in the basic basket.
Around 20 million people will be able to obtain the 21% refund in the food acquisition and personal hygiene products.
Mariano Fuchila
As of last Monday, the VAT refund programwhich returns the21% of purchases with debit cards of the basic basket products.
The measure of Government benefits 20 million peopleand to find out if people get the discount of up to $18,800 per month and per personcan check through the AFIP website.
Likewise some users recorded delays in refunds. This is mainly because banks are accommodating the systems. As specified in the sector, the returns “They will be accredited starting this Friday“.
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The organization clarified that there is no need to carry out a procedure. HE will credit the accounts automatically.
Who are the subjects reached?
They will be beneficiaries of refund regime people who perceive any of the following concepts, not mutually exclusive:
- Retirees, pension beneficiaries due to death and non-contributory national contributions.
- 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.
- Pregnancy allowance beneficiaries for social protection.
- 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.
- Private House Staff.
- Monotributistasexcept that they obtain income from concepts included in the last paragraph of article 11 of the annex to law 24,977.
Source: Ambito
