The agency claims that the rule was designed so that it would not affect the salaries that workers had already received before the law changed.
The Federal Public Revenue Administration (AFIP) announced this Wednesday the regulation of the modifications in the Income Tax for workers who are in a dependent relationship. These changes will apply from July, so Salaries up to June will not be affected retroactively.
This update of the body arises after the recent approval of the Law on Palliative and Relevant Fiscal Measures approved by the National Congresswhich they claim seeks to improve the equity of the tax system.
They also added that the rule was designed so that the modification of the income tax does not affect the wages that workers had already received before the law changedeven if they cashed in on it later.
In this way, workers who received their remuneration until June 30, even if they receive it in July, the previous rule will be applied to them. On the other hand, the wages that are accrued from July 1 onwards, will be subject to the new General Resolution.
They also explain that this change in the rule, regarding the tax according to the time at which it is collected, It is made to benefit the worker.
What happens with the Christmas bonus according to the AFIP
With respect to Annual Supplementary Salary (SAC) either Bonusdetailed two possibilities from the collection agency:
- Add up the amounts actually paid in the SAC payment months.
- Compute 12 monthly parts and then adjust in the annual or final settlement.
Calculation of withholdings
Likewise, the new AFIP regulation stipulates that starting in July, the calculation of withholdings will be carried out as follows:
- For accrued income from July 1 and received until August 31, 2024will be used original amounts established by Law No. 27,743 on Palliative and Relevant Fiscal Measures.
- Meanwhile, in September The amounts of will be updated exceptionally personal deductions and the tax scale. The update coefficient will be based on the variation of the Consumer Price Index (CPI) corresponding to the months of June to August 2024.
- For its part, the liquidations carried out From September 1, personal deductions and tax scale accumulated through August 31 will be considered. These will be added to those updated to September.
Finally, and continuing with the simplification policy maintained by the AFIP as of 2024, they eliminated the obligation to file the income tax informative declaration for the 2023 fiscal period.
Source: Ambito
