Exceeding the Monotributo billing limits can have important tax consequences, but the AFIP offers alternatives to manage this situation.
It is essential that taxpayers control their income, since exceeding the billing limit of a category requires recategorization.
Since the approval of the Fiscal Package 2024the Federal Public Revenue Administration (AFIP) adjusted the scales of the Monotribute, in force since August, a crucial tool for self-employed workers and small businesses. This simplified regime allows you to pay taxes, social work and retirement in one monthly installment. The categories vary from A, with a contribution of $26,000, to K, with $867,084.75 for service providers.
It is essential that taxpayers control their income, since exceeding the billing limit of a category requires recategorization. This process, which in 2024 was extended until August, is key to avoiding sanctions and tax problems. If the limits are exceeded in the highest categories, taxpayers must choose to move to the general regime, which entails higher tax obligations and a greater administrative burden, such as registering for VAT and Profits.
For those who do not wish to switch to the general regime, forming a company can be an attractive alternative to reduce the tax burden and better manage responsibilities. However, it is important to evaluate all options carefully before making any decisions.
Besides, The AFIP updated the monthly amounts by category. In October 2024, for example, taxpayers in category A pay $3,000, while in category K, services pay up to $735,000.
With these changes, it is essential that taxpayers constantly monitor their income to avoid exceeding billing limits, as this may imply additional costs and tax inconveniences.
Source: Ambito
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