The VAT refund program for debit card purchases by pensioners, low-income workers and other vulnerable sectors expired on December 31. a limit of $18,800 per month. And until now it was not extended by the executive branch.
It should be remembered that after the scrutiny, in statements to the TN Dos Voces Programme, Javier Milei anticipated that would remain unchanged both under his government Elimination of profits for workers up to 15 Salary like a refund of value added tax under your government.
In relation to profits, The Executive has modified its previous position e will send Congress a bill that reduces, among other things, the scope of the earnings exemption.
The VAT refund program was reimplemented at the beginning of 2020. The Law of Social Solidarity and Productive Reactivation approved in December 2019 established a VAT refund on purchases made in retail and/or wholesale businesses by pensioners and pensioners who have collected their VAT refund. and to beneficiaries of universal child allowance (AUH) and pregnancy allowance (AUE).
In September 2023, with Sergio Massa at the Ministry of Economy in the midst of the presidential campaign, has been expanded to formal workers with incomes up to 6th minimum wage, to 2.7 million “pure” single-tax earners who have no other income and 440 thousand workers in private housing. Also to purchases of goods made under the “Food Card” and the “Promote Work” scheme. And then to the 2 million informal workers who received the $94,000 bonus – in two installments of $47,000.
In October, The Chamber of Deputies has approved a bill from the party in power to keep this regime in place, raising the cap to $23,000 in early 2024, covering a total of 20 million beneficiaries. that project It was not discussed by the senators.
The reimbursement concerns the Basic Food Basket which includes a wide range of products, from bread, fruit, vegetables and biscuits to meats and legumes and personal hygiene products such as soaps and toilet paper.
The refund It was automatically placed in the bank account where the pensioner or worker and other vulnerable sectors receive the benefit within 48 hours of making the purchase.
Source: Clarin
