This new AFIP update on Income Tax was based on an AFIP index.
The Federal Public Revenue Administration (AFIP) recently announced that the scales of article 94 and the deductions of article 30 of the Income Taxeffective for salaries between September 1 and December 31, 2024.
The new amounts received an update from the 13.35% based on the accumulation between June and August of the Consumer Price Index (CPI) measured by ANSES. With these changes, the AFIP published the table of accumulated rates for salaries received between September 1 and December 31, 2024.
income tax
New values
The AFIP established that in the annual settlementindividuals and undivided estates will pay the tax according to the annual scale. The deductions of article 30 are determined in the following annual amounts starting in september.
- Non-taxable income (GNI). $3,349,797.55 ($3,091,035).
- Spouse with income less than the GNI. $3,154,837.42 ($2,911,135).
- Child under 18. $1,590,996.02 ($1,468,096).
- Son incapacitated for work. $3,181,992.04.
- Special employee deduction. $16,079,028.24 ($14,836,968)
- Special self-employed deduction: $11,724,291.42 ($10,818,622.50).
- Special entrepreneur/young professional deduction: $13,399,190.02.
These deductions will be applied to the annual settlement.
Specific deductions
For income from retirements, pensions, withdrawals or subsidies, non-taxable deductions and the special deduction will be replaced by a specific deduction. Starting in 2021, this deduction will be equivalent to 8 times the minimum guaranteed amount in force each month.
Source: Ambito
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