Shortly, the program that refunds the 21% Value Added Tax to Argentines will end. I know all the details.
Since September 18, Argentines who meet a series of requirements can obtain a refund of 21% of their purchases thanks to the program Buy without VAT promoted by the former Minister of Economy, Sergio Massa. Currently, this benefit is in danger since in the decree of necessity and urgency (DNU) signed by Javier Milei there is no mention of the program ending on December 31.
VAT refund: who can access it
In addition to the informal workers who received the Reinforcement or IFE from Anses, these groups also access the VAT refund:
- Retirees, pensioners or holders of Non-Contributory Pensions (PNC) that do not exceed 6 minimum assets.
- Universal child allowance holders (AUH)up to 6 minimum assets.
- Universal pregnancy allowance holders (AUE).
- Workers in dependency relationship, with a monthly income of up to 6 Minimum Vital and Mobile Wages (SMVM). In the case of multiple employment, the sum of the gross remuneration will be considered.
- Workers in private homes.
- Monotributistas.
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Buy without VAT: up to how much money does the AFIP return per month
This program is responsible for reimbursing 21% of expenses in common consumer goods made by debit cards in establishments retailers either wholesalerswith a maximum limit of $18,800 per month.
VAT refund: when do they return 21%
According to the AFIP, “when you make the purchase with the Debitat 48 hours They will be automatically credited with the return of this program called Buy without VAT and that represents the return of the entire VAT in the products of the basic basket“.
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What products have VAT refund?
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 and 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.
Source: Ambito
