Earnings: the amount withheld for the Christmas bonus between January and May must be reimbursed to the worker

AndThe minimum wage of $ 280,792 by the governments of the income tax for compensation earned from June 2022while for the Aguinaldo has been operating since January 1st.

This is established by decree no. 298/2022 published today in the Official Gazette.

Therefore, “How the employer retains the earnings on the Christmas bonus month by monththe increase in the minimum wage – for those who are reached by this benefit – implies that what withheld from Earnings from January to May corresponds to half of the bonus must be reimbursed by employers. AFIP must now regulate the applicable methodology for reimbursement, ”explained tax expert Marcelo D. Rodriguez.

AFIP must also publish the employee deduction table with a gross salary of $ 280,792 to $ 324,182. It is to avoid a jump in the tax payment and the wage earners in that segment who earn the most end up receiving a lower pocket salary than those in the lower scales. Above $ 324,182 there are no benefits and will continue to be taxed as before.

Rodriguez also made it clear “Income tax is an annual tax”. However, once again the payment of the tax must be carried out considering the remuneration received in each month, as happened in 2021.

The increase in the “floor” is 24.27% (increased from $ 225,937 to $ 280,792) and corresponds to the increase in the RIPTE (Taxable Remuneration for Stable Workers) salary index from October 2021 to March 2022. The $ 225,937 was set based on the evolution of the RIPTE from October 2020 to October 2021, in accordance with the tax legislation.

The numbers have changed since July because inflation continues to “play its part” and salary increases agreed upon in joint ventures and for non-contractual employees will result The minimum wage of $ 280,792 is lower again and it needs to be updated in a few months, well before the end of the year.

Those who have already been reached by Earnings to have an income above the salary “floor” will continue to pay more because the Non-Taxable Minimum (MNI) remains at the same January value for the whole year as established by the Profit Law, when the inflation projections exceed 70%. The increase of the NMI during the calendar year therefore requires an act of Parliament.

For this segment of workers, the MNI is a monthly average of $ 112,682 for a single person with no children and a monthly average of $ 149,063 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 the same between January and December.

For its part, in the case of Monotributists, Congress must discuss a project promoted by Sergio Massa to increase by 29.12% from July the maximum values ​​of each category, without altering the value of the share. And in the self-employed workers it is expected to increase the non-taxable minimum.

The case of retirees and retirees because they have an MNI equivalent to 8 minimum assets which, since June, is equivalent to $ 300,200, with which they have an automatic quarterly adjustment based on the increases in the mobility formula.

This MNI applies if certain conditions are met, for example if you receive other income that does not exceed the income tax MNI and is not covered by personal assets. However, the same “floor” wage value applies even if this MNI of 8 minimum wages does not match them.

As can be seen, even if they have the same income, income tax is applied differently depending on the category of the worker.

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