With the collection of the salary in September, many workers who have been exempted from the Earnings discount they’ve had that tax withheld again. And others continued to have one higher retentionwith the aggravating circumstance that they have noticed the pocket salary for the month of September was lower than that of August.
This has been going on for 2 or 3 months depending on the case, for failure to update the salary plan of profits which leads many workers to suffer a loss of income in addition to what they already receive in their salaries due to the increase in inflation.
The minimum earning salary was a initiative of Sergio Massa when he was head of the Chamber of Deputies. And it was in response to the fact that with wage increases, in response to rising inflation, or for overtime, much of the additional wage has been monopolized by AFIP because the Non-Taxable Minimum (MNI) is adjusted a time of year, in January, when this year’s inflation could be around 100%.
This year the minimum salary started at $ 225,937, and since the executive power’s power to update that value was extended, after heavy pressure exerted by Massa when Martín Guzmán was head of the Economy, it was raised to $ 280,792. The increase corresponds to the increase in the RIPTE wage index (Taxable Remuneration for Permanent Workers) between October 2021 and March 2022.
But once again that floor is obsolete. is the one during April-August, the RIPTE increased by 28.37% so that the minimum salary of $ 280,792 should be $ 360,452. This is leading to workers who were exempt from pay, for having received a salary increase, now have withholding tax and the collection of that increase is totally or partially canceled.
On the other hand, it was established that this minimum wage it would be updated periodically in such a way that Only 940,000 high-income workers will be reached by Earnings, as supervisors, bosses, managers. Now that number is much higher.
For this segment of higher-income workers, the non-taxable minimum is $ 112,682 on a monthly average for a single person with no children and $ 149,063 on a monthly average for a married person with a spouse and 2 children. This is paid Earnings for the difference between what they earn and those values, a gap that widens as incomes rise and those lows remain unchanged between January and December.
they are then produced distortions of all kinds. For example, according to calculations from the Professional Council of Economic Sciences (CABA), a worker who receives a gross salary of $ 280,000, minus retirement and health discounts, receives $ 232,400 in hand and has no withholding tax.
If you get promoted or get a raise and your salary is raised to the gross amount of $ 324,200, you lose the “no withholding” benefit. And it has since been subject to the general tax scale, suffering a monthly withholding of $ 34,314.80. The pocket salary becomes $ 234,771.20, that is, he will only receive a difference of $ 2,371.
Source: Clarin
