Income Tax will be paid from $1.89 million of salary in hand

Income Tax will be paid from .89 million of salary in hand

This was established by the collection agency that published the new scales and deductions for the period that begins in January. They were updated by 11.78%.

Single workers without family responsibilities will begin to suffer tax withholdings. Income Tax from $2.28 million grossaccording to the new scale of categories and deductions applicable from January 2025 published by the Customs Collection and Control Agency (ARCA).

According to the new tables, a single worker will begin to suffer discounts from a minimum salary of $2,280,647 gross. That’s equivalent to an out-of-pocket salary of $1,892,937.

In the case of a employee deducting spouse and two children under 18 years of agethe figure will be $3,024,494, which corresponds to an income in the hand of $2.5 million, respectively.

Table-Art-94-LIG-January-June-2025.pdf

In the case of workers self-employed The deductions are adjusted by the same parameter of 11.78%. He average monthly income It would be $1,468,658 million for the general category and $1,631,843 million for professionals and entrepreneurs. It is worth remembering that the self-employed have a wider range of deductions applicable to their income than employees in a dependency relationship.

Meanwhile, retirees who register an income equivalent to 8 minimum salaries will begin to suffer discounts from $$2,127,256.

It must be taken into account that the Income Tax sanctioned with the tax package Last year it contemplated an update of scales in January and another in June in relation to the accumulated inflation of the semester. In this case, since there was an extraordinary update in September, October, November and December are taken.

Personal-deductions-art-30-January-June-2025.pdf

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts