Two new features are included in the Simple Fee program: what are they?

The Ministry of Commerce will incorporate the possibility of paying from this Monday and for the next 30 days school supplies and footwear imported in 3 or 6 installments with reduced interest rates through the Cuota Simple program.

This is reflected in resolution 75/2024, published this Monday in the Official Journal.

Simple Fee, like its predecessor Now 12, only covers goods produced in the country, with the exception of LED lamps.

However, in order to offer more possibilities for consumption as part of the start of lessons, The trade has extended the program until March 26 to school shoes and bookcase items produced outside the country, which now also They can be paid in 3 or 6 installments with bank credit cards.

The provision aims to “diversify the offer of bookshop items and school footwear so that they can be marketed with the types of financing of the Simple Fee Program”, we read in the recital.

Furthermore, the need to “promote policies aimed at facilitating the right to access education” is cited.

The Simple Tariff program, of national scope and valid every day of the week, It also allows payment in 3 or 6 installments of other products related to returning to school as computers, notebooks, tablets, books and glasses.

The rate is equal to 85% of the interest of the fixed terms established by the Central Bank (BCRA) for 30 days, automatically updating on the third business day after the BCRA has possibly modified it.

That is, with the percentage subsidized by the State, the Simple Tariff amounts to 93.5%.

What is the Simple Tariff and what you can purchase

From February 1st the Cuota Simple program replaces the old Ahora 12.

Among household appliances, clothing, books, entertainment and other products and services of national origin, the Simple Quote brings together more than 29 items.

With this program consumers will be able to make their purchases virtual or physical way, in fixed installments, with a nominal annual rate (TNA) representing 85% of the Central Bank’s fixed term (110%). If it stays like this, will represent a TNA of 93.5%.

Simple Installment: which products can be purchased in 3 and 6 installments

• white line: air conditioners, air conditioners and/or ventilation, dishwashers, washing machines and dryers, ranges, ovens and stoves, stoves and stoves, hot water tanks and water heaters, refrigerators, freezers and freezers.

• Dress: clothing for men, women and children (includes work, sports, daily wear and all kinds of clothing accessories), as well as jewelry and watches.

• Footwear and Leather Goods: sports and non-sports shoes, wallets, suitcases, handbags and leather goods made of leather and other materials.

• telephones cell phones with 4G technology.

• Furniture: all home furniture.

• Bikes: It includes all types of bicycles, including electric bicycles, their parts and/or pieces.

• Motorcycles: includes all those whose final price does not exceed 1,300,000 dollars.

• Educational services: language courses, IT-related courses, sporting and cultural activities. Does not include schools or universities.

• Mattresses and springs.

• Books: school texts and books.

• Glasses and contact lenses: eyeglasses whose final price does not exceed 97,000 dollars.

• Library items: notebooks, stationery, pencils, pens, backpacks, pencil cases, labels, among others.

• Toys and board games

• Technical Services for Electronics and Appliances.

• Tires: accessories, conversion kits for methane gas vehicles and spare parts for cars and motorbikes.

• Musical instruments.

• Computers, Notebooks and Tablets

• Lighting artifacts

• Televisions and monitors.

• Perfumery: cosmetics, personal care products and perfumes.

• Small appliances.

• Sports training services, including gyms.

• Medical equipment: respiratory therapy equipment; furnishings (orthopedic beds, bathroom aids: bath chairs, transfer chairs, grab bars); Wheelchair; Orthotics, orthopedics and their parts (Prosthetics for amputees, custom-made valves, custom-made orthoses, insoles, custom-made corsets, walkers, canes, crutches). Item limit of $1,160,000.

• Machinery and tools: Drills, angle grinders, sanders, polishers, saws, coated electrode welders, TIG system welders, MIG-MAG system welders and vices.

• Shows and cultural events. Shows and concerts by national artists and a limit of $ 62,000 is established.

• Durable kitchen items: Pots, saucepans, pans and grills, all in aluminium.

• Automotive vehicle and motorcycle repair services.

• Kit for connecting the home to public water and sewerage services.

Simple Tariff: how to identify participating companies

The businesses that join Cuota Simple will be identified with the program logo, as already happened with Ahora 12. Businesses that qualify as supermarkets, hypermarkets or general stores will be able to join.

SN