The employees in a dependency relationship who are again reached by the Income Tax will take into account that, since the last tax reform implemented by Javier Mieli’s government, all concepts that were not taxed before, Now, they are taken into account for the calculation base.
It is not unusual to hear complaints from people who had made some special agreement with their employer.such as a productivity bonus for a certain amount and that, when looking at their pay stubs, they discover that They charged less than they expected.
And it is that The new text of the tax law now includes in Profits practically almost any concept that an employee can receive outside of their remunerative salary. For example, cash failures, in the case of people who handle cash; productivity bonuses or just overtime.
He resource was widely used by governors in the provinces to give raises to public employees and not pay the tax.
It has some similarity to what happened in the old version, which made it undesirable for an employee to accept a promotion.because, by increasing his salary, he moved up the category and suffered such a high discount that he began to earn less than an employee under his charge, something totally absurd.
Sebastián Domínguez, CEO of SDC Asesores Tributarios explained to Ámbito that “the new law has eliminated all concepts that were not taxed.” “But we must remember that personal deductions were increased to account for that. Obviously, there are people who started paying when they didn’t pay before, but “This is offset by a significant increase in deductions,” he noted.
No more “Machinea tablet”
Domínguez clarified that ““The ‘Machinea plank’ effect no longer happens.” It is to be remembered that the former Minister of Economy of Fernando De a Rúa, José Luis Machinea, introduced a change in the Income Tax of the fourth category in the year 2000, for the which in different salary levels or regions, personal deductions were not computed or they were much lower.
The Inflation unleashed after convertibility, combined with the adjustment of the categories below it, caused a person to jump more quickly from the lowest category that paid 9% to the highest, with 35%. A person who worked overtime, earning more, moved up the category and received a higher discount. There were cases in which I ended up receiving less in hand than the previous month despite having worked more. The profit remained entirely with the treasury.
Non-remunerative bonuses
This meant that, in many companies, people began to refuse to work overtime or on weekends or holidays. But, in turn, the unions that represent higher-paid unions sought “creative” ways to compensate for that effect, including non-remunerative bonuses in the agreements, or other types of concepts, which were clarified, “are not covered” by the tax.
In that sense, Domínguez points out that this effect of “charge less for working more” cannot happen with the new way in which the tax is collected, but it does recommend taking into account that “if you are willing to work more hours, holidays or on holidays because you will earn more, you will be subject to Income Tax.”
“If the person already If you are paying 35% you have to take into account that you are going to charge that additional minus the 35%. Or it can be on a lower scale and the effect is the same,” he explained.
Earnings: case studies
The professional indicated, for example, that “in the case of someone who is On the highest scale, he has to collect $1 million, which is no longer subject to mandatory discounts, so of that million he will collect $650,000 in hand.”
“The analysis that the person has to do is If the effort you are going to make is justified by what you are going to charge“, he explained, taking into account that the tax will be deducted.
Also It may be the case that a person who is on a lower scale is “upgraded” if they add any additional, so they would have to evaluate whether it is convenient for them or not. This type of estimate is simple at the end of the year because the tax is defined for the year. But the problem is the following, when estimates have to be made about how much the tax scales can vary depending on inflation and how much the salary increases that will be negotiated in the joint negotiations will be.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
