What is the social monotax and what are its requirements and amounts

He social monotax It is part of the categories offered by the “common monotax” and provides a series of additional benefits, which mainly aim to further subsidize the monthly payment to be paid to the Federal Administration of Public Revenues (AFIP). Their main differences lie in the requirements, amounts and subsidies.

This is a simplified scheme intended for self-employed workers who are small taxpayers, who must pay a certain monthly amount, which includes social assistance and pension.

The category is chosen based on three factors (income, area of ​​the place where the activity takes place and the energy it consumes), and is updated every now and then.

“The social monotax is a regime that allows you to register the economic activity you carry out, issue invoices, access a social benefit for you and your family and access the pension system”, as the AFIP website defines.

“This regime aims to recognize the carrying out of productive, commercial and service activities recognized within the social and popular economy. This inclusion tool allows you to start a business without having a large amount of economic capital, even if the point of main strength is human capital”, he adds.

However, The social tax is not intended for anyone. Only people who independently carry out a single economic activity, those who work in a dependent relationship and receive a gross salary lower than the minimum pension and those who are part of a worker cooperative with a minimum of 6 members can register.

Unlike the common single tax, the social tax provides a subsidy of 100% for the fiscal component of pensions and 50% for social work. That is, the social monopayer pays only the remaining 50% of what corresponds to social work.

Another important difference lies in the categories. The common monotax ranges from “A” (the lowest) to “H” (the highest for services) and “K” (the highest for personal goods). On the other hand, the social system is governed only by the parameters of category “A”.

“If the invoiced amount of category “A” is exceeded, in the case of the traditional single tax you move on to the next category, while in the social single tax you lose the status of social single tax”, explains the AFIP.

Other differences between the common monotax and the social one

One of the main differences between the common and social monotax lies in the registration requirements for each. While the former has smaller quantities, the latter requires exactly the same, even if more are added.

In detail, what must be met to register for this tax regime according to ANSES:

• Be over 18 years old.
• Carry out a single economic activity.
• Have an annual gross income of less than $1,414,762.58.
• You own up to 2 real estate properties, as long as one of them is affected by the production enterprise.
• Be the owner of up to a maximum of 3 registerable movable assets.
• Not be a university professional practicing the profession as an economic activity.
• Not be an employer or holder of shares or shares in commercial companies.
• Have income coming exclusively from the declared economic activity, without taking into account compatible benefits granted by national, provincial or municipal organizations.
• Worker cooperatives (they can be old companies recovered and handed over to workers) must have at least 6 members.