President Javier Milei published the decree that formalizes the changes to the single tax approved in the tax package. Here are the scales.
He Government made official tonight the changes that will impact Simplified Regime for Small Taxpayerscommonly known as flat tax. How will it impact the billing.
Through the decree 661 published in the Official bulletin, President Javier Milei launched the modifications implemented through the sanction of the fiscal package, called Palliative and Relevant Fiscal Measureswhich was approved by the Congress at the end of last June.
It is reported there that, as approved by law, the AFIP “will carry out the updates provided (…) in the months of January and July of each year Considering, in each case, the variation of the Consumer Price Index (CPI) to supply the INDEC.
How the scales of the single tax remain
With the publication in the Official Gazette, the Government released the fine print of the changes implemented in the single tax. According to the category, the billing amounts increased between 201% and 301%. The amount of annual accrued rent increased from 211% to 309%.
- Category A: will go from $2,108,288.01 to $6,450,000 which represents an increase of 206%
- Category B: will go from $3,133,941.63 to $9,450,000 which represents an increase of 202%
- Category C: will increase by $4,387,518.23 $13,250,000 which represents an increase of 208%
- Category D: will go from $5,449,094.55 to $16,450,000 which represents an increase of 202%
- Category E: will go from $6,416,528.72 to $19,350,000 which represents an increase of 202%
- Category F: will go from $8,020,660.9 to $24,250,000 which represents an increase of 203%
- Category G: will go from $9,624,793.05 to $29,000,000 which represents an increase of 202%
- Category H: will go from $11,916,410.45 to $44,000,000 which represents an increase of 270%
- Category I: will go from $13,337,213.22 to $49,250,000 which represents an increase of 269%
- Category J: will go from $15,285,088.04 to $56,400,000 which represents an increase of 269%
- Category K: will go from $16,957,968.71 to $68,000,000 which represents an increase of 301%
The main keys to the changes in the single tax
In addition to increasing billing amounts, the tax rates, of social Security and social work. In the case of the tax rate increases between 278% and 510%the social security rate between 212% and 343% and the social security rate between 212% and 214%.
Adding all the parameters, The fees to be paid will be $26,600 (category “A”) up to $280,734 (category “H”). Currently, The amounts range from $12,128 to $66,111.
In addition, the decree provides that when the annual projection “shows that the subject is excluded from the regime, due to having exceeded the applicable maximum limits, the small taxpayer will remain within the Simplified Regime for Small Taxpayers (RS)which must be included – until the next half-yearly recategorization – in the Category K”.
On the other hand, it indicates that if people had resigned from the Regime but continue with their activity, they may rejoin the RS at any time – as long as they meet certain required conditions – in the category that corresponds to them, without the benefits.
Source: Ambito
