Recategorization is a mandatory procedure that self-employed workers must carry out every six months. How it is calculated and everything you need to know.
The Federal Public Revenue Administration (AFIP) extended the deadline for the recategorization of the single tax. The new deadline for the completion of said procedure It will be on August 2nd.
In this way, taxpayers are granted more time under Law 27,743 (Palliative and Relevant Tax Measures) which includes new billing maximums, among other tax benefits. This was confirmed by the tax collection agency in a statement.
Recategorization is a mandatory procedure that self-employed workers must complete every six months to determine whether, based on their income over the last 12 months, they are eligible to change category. If they maintain the same category, no procedure is necessary.
According to the report, “the increase in the maximum billing amounts for all categories approved by law allows more self-employed workers to remain at current levels without moving to the federal system,” they explained.
Monotributo: what happens with the payment date
According to the AFIP, the payment obligations resulting from the recategorization take effect in the period between the August 1, 2024 and January 31, 2025.
AFIP: when and how recategorization can be done
The availability of the system to begin recategorization will be announced through the AFIP website.
Steps to recategorize:
- Access the Monotributo Portal: Login with the Fiscal keyIf you do not have a tax code or have lost it, you must manage it again.
- Enter the recategorization option: Detail the amount billed in the last 12 months.
- Print the new payment credential: Once the recategorization is complete, the new payment credential will be available.
It is important to note that the amount corresponding to The new category will be paid the following month to recategorization, not at the time of recategorization.
AFIP
How is the recategorization of the single tax calculated?
To calculate the recategorization of the single tax, it is essential Check the table of current amounts and categories available on the AFIP portalThis table allows you to establish the parameters and values to be paid by self-employed workers according to their gross income.
Source: Ambito
