Monday , May 17 2021

How will Revenues, Monotribute and Personal Property Update this Year – Economy

At the beginning of 2019, the taxpayer's income tax update and the simplified regime were applied. In this framework, this year, a non-family-run employee who does not apply to deductions for expenses will be taxed on a monthly salary of $ 38,301, including a proportional bonus.

In the event that there are deductions for costs, which may be amounts for dependent relatives or for costs that are declined after the notification from the income for which the tax is charged, the principal amounts for each period are as follows:

Salaries and Contributions for Home Services: The cap is $ 85848.99 for 2019 (for 2018 it is $ 66917.91).

Apartments for rent: It is necessary to deduct 40% of the paid amount with the same maximum as for the domestic service.

Interest on housing loans: with an upper limit of $ 20,000 a year.

Life insurance and burial expenses for surviving family members: Refuses to $ 996 in any case and yearly.

Medical fees: 40% of what is paid, prepaid fees and donations to qualified institutions.

To explain who are the people who have to pay taxes, we must observe the variations that the Ripte had had (the average taxable rate for stable workers).

In the case of an employee without a family tax, the lowest average monthly salary would reach $ 38301, while in the case of a spouse and two children, $ 50668 would be. spouse, income reached $ 44,511, and in the case of a child's proclamation, the lowest salary earned by the income will amount to $ 41,406.

It is worth mentioning that for La Pampu; Black laughed; Neuquén; Chubut; Santa Cruz; Tierra del Fuego and party Carmen de Patagones from Buenos Aires, all figures increased by 22%.

In the second place, pensioners pay income from income equal to six minimum wages. In January and February the minimum will be $ 55854.60, and in March $ 62462.20.

Likewise, self-employed will be released this year as the gap with paid workers is reduced. For 2019, the annual amount will be $ 257546.96 if no deduction is applied.

Financial revenue

From 2019, it will receive fixed-term investors, bonds, rentals, shares and other instruments. In investing in pacific and without inflation adjustment, the rate is 5%, and for dollar investments or adjusted inflation, they pay 15%.


Maximum billing in 2019 to enter the scheme monotributo will be $ 115,106.58 per year in the case of services and $ 172,699.88 if the taxpayer is involved in the trade.

New categories are the following:

: income up to 138,127.99 USD per year. Tax: 111,81 USD; Pension Contribution:

493,31 USD. Total payment: $ 1294.12.

B: Revenue higher than $ 138,127.99 and up to $ 207,191.98. Tax: $ 215.42;

Pension Contribution: 542.64 USD. Total payment: $ 1447.06.

C: Revenue from more than $ 207,191.98 to $ 276,255.98. Tax: $ 368.34

(services) or 340.38 USD (trade); Pension Contribution: 596,91 USD. Total payment:

$ 1654.25 (service) or $ 1626.29 (trade).

D: Revenue of more than USD 276,255.98 to USD 414,383.98. Tax: $ 605.13

(services) or USD 559.09 (trade); Pension Contribution: $ 656.60. Total payment:

$ 1950.73 (services) or $ 1904.69 (trade).

E: Revenue from more than $ 414,383.98 to $ 552,511.95. Tax: 1151,06 USD

(services) or 892.89 USD (trade); Pension Contribution: 722.26 USD. Total payment:

$ 2562.32 (service) or $ 2304.15 (trade).

F: Revenue higher than $ 552,511.95 and up to $ 690,639.95. Tax: 1583,54 USD

(services) or USD 1165.86 (trade); Pension Contribution: 794.48 USD. Total payment:

$ 3067.02 (service) or $ 2649.34 (trade).

MR: Revenue higher than $ 690,639.95 to $ 828,767.94. tax:

$ 2014,37 (service) or USD 1453.62 (trade); Pension Contribution: 873.93 USD. payment

total: $ 3577.30 (service) or $ 3016.55 (trade).

H: Revenue from more than 828,767.94 USD to 1,151,066.58 USD. tax;

USD 4604.26 (services) or USD 3568.31 (trade); Pension Contribution: 961.32 USD. payment

Total: 6254.58 USD (service) or 5218.63 USD (trade).

I: Revenue higher than $ 1,151,066.58 and up to $ 1,352,503.24 (applies only to

the market). Tax: $ 5755.33; Pension Contribution: 1057,46 USD. Total payment:

7501,79 USD.

J: Revenue higher than 1.352.503,24 USD up to $ 1,553,939.89 (applies only to

the market). Tax: $ 6,763.34; Pension contribution: 1163,21 USD. Total payment:

8615,55 USD.

K: Revenue higher than USD 1,553,939.89 and USD 1,726,599.88 (trade).

tax: 7769.70 USD; Pension Contribution: 1279.52 USD. Total: $ 9738.22.

At this point it is worth mentioning that in 2019 all monotributors will be forced to issue their accounts electronically. Meanwhile, since April 1, these end-to-end transactions will also reach this measure.

Regarding the recategorization, in 2019, a new scheme will be introduced which includes two re-categorization per year (one in January and the other in July).

Personal property

The inherited heritage: people who have property that their estimate on December 31, 2018 amounts to at least $ 10,500.

To determine the amount of tax, 0.25% of the total value of the goods is subject to a tax that exceeds USD 1050000 and is free of charge.

The funds available are real estate; cars and other vehicles; accounts (FX or FX); current accounts of banks; share of mutual investment funds and other non-exempt investments; art works; antiquity; household items.

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