The Government made official the 20% increase in the non-taxable minimum and the special deduction of the Income Tax, a measure announced by President Mauricio Macri, through the decree 561 / 2019.
The regulations of the Federal Public Revenue Administration (AFIP), published in the Official Gazette this Thursday (15.08.2019/XNUMX/XNUMX) determines: “The magnitude of the events economic-financial The country's current crisis requires that all areas of the National Government join forces to provide immediate and effective solutions to cushion its impact in the social, economic and productive spheres." Meanwhile, the AFIP will be the one to reduce a 50% advances that self-employed workers must pay for their earnings for the months of October and December of this year's 2019 financial year.
In this way, also will waive the tax September 2019, for small taxpayers adhering to the Simplified Regime for Small Taxpayers (Monotributo), who have complied with the payment of tax installments for the periods from January to August of this year. In this case, AFIP will establish the modalities and conditions under which the bonus will proceed.
Thus, according to the measure, The State will finance the personal contribution of employees in a dependent relationship that accrues during the months of August and September of 2019, in $ 2.000 monthly or 100% of its value, whichever is less. In addition, for part-time contracts, the amount recorded will be proportional to the time worked considering the normal working hours of the activity.
The corresponding proportion must also be made in those cases where, for any reason, the time worked involves a fraction less than a monthIn this regard, employers who are responsible for paying the remuneration will deduct from the discount they are required to make, the sum resulting from the application of the provisions of this measure.
Thus, this aspect of the rule will apply only to those who have a gross monthly salary earned in the month in question of up to $60.000. Thus, the Government stated that "the expenses required to comply with these provisions will be financed with contributions from the National Treasury, without affecting the resources of the Argentine Pension System (SIPA) or the rights conferred to workers by said system.”
Meanwhile, according to the rule that will come into force tomorrow, the Executive will submit to the consideration of the National Congress a bill"so that income that has not been subject to withholding due to the measure being promoted is not subject to the tax," states the text signed by President Mauricio Macri, the Chief of Staff, Marcos Peña, and the Minister of Finance, Nicolás Dujovne.
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