Many labor sectors will once again suffer the Income tax discount to the fourth category since the month of Julyor when they receive their salaries in August. Since the zonal coefficient is not included, workers in this region will pay proportionally more than those in the rest of the country.
One of the elements that makes the difference in the new law on wage income is the eelimination of the coefficient for unfavorable areas. For this item, Salaries receive an additional 22% in Patagonia, vThis is due to the higher cost of living in this region. In the law that was in force until September last year, the same percentage was applied to the non-taxable minimum, but it has now been repealed.
For example, under the new regime, single workers with incomes of $1,800,000 begin to pay taxes, and married workers with 2 children begin to pay taxes from $2,200,000. If the zonal coefficient had been maintained, then salaries in Patagonia would have been taxed from $2,220,000 and from $2,700,000, respectively.
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To put it in simpler terms, salaries in Patagonia are higher than in the rest of the country, especially compared to northern provinces, because the cost of living is also much higher. Therefore, the difference ends up being almost neutral, but By paying taxes on the same basis, Patagonians will pay proportionally more than the rest of the country.
A report from the Ministry of Labor of the Nation, from the end of last year, clearly reflected that the tribute is supported mainly by 7 provinces, among which is Chubut, since their workers account for more than 80% of the tax contribution. The list is headed by Buenos Aires, followed by the Federal Capital, Córdoba, Santa Fe, Mendoza, Neuquén, Chubut and Tierra del Fuego.
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When the tax was eliminated, in September of last yearIt was revealed that the measure benefited around 20,000 Chubut residents who were affected by the tax, although the number of workers could now be somewhat larger. The previous deduction is based on the fact that the floor until that moment was 800,000 pesos, which, Updated for inflation to today’s values, it should reach 2,400,000.
WHICH SECTORS WOULD THE NEW TRIBUTE REACH?
To estimate who will be affected by the new wage tax after a 9-month pause, it must be taken into account that the amounts mentioned above are “net” wages, that is, before legal deductions.
This means that the tax begins to be paid for take-home salaries of just under $1,500,000 and $1,800,000, for single workers and married workers with children, which are mentioned as the most common examples.
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According to the report from the National Ministry of Labor at the end of last year, Electricity Supply (Light and Power) and Mines and Quarries (Oil Workers) workers account for 16%, each, of the total contribution of the tax. They are followed by workers in the Financial Services (banking) sector, with 15.6%; Information and communication, with 10.8% and Health, with 6.4%.
Other service activities represent 4% and Teaching (teachers) 3.7%. Manufacturing industry contributes 3.6% Scientific activities, with 3.3%. Commerce, which is the branch of activity with the most workers, represents only 1.6%, meaning it reaches few salaries in that sector.
THE MOST AFFECTED SALARIES
As stated, the above review represents the sectors covered up to September of last year, but with the new threshold from which the tax is applied, there will be more labor sectors that will have to pay taxes.
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One of them is that of the bus drivers grouped in the UTA in Comodorowhere an entering worker will earn no less than 1,900,000 from July. “We are just being sucked into it, it’s that simple,” the union said.
Another sector reached by salary level is fishing. A report from the Economic Observatory of the Faculty of Economic Sciences of the UNPSJB can be taken as a reference, which in December of last year detailed that this sector earned around 2.28 basic baskets of the city. Projecting these values to today, with the basket at 917,000 pesos, the average salary would be around 2,300,000.
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In ‘Electricity, gas and water’, the report detailed a salary of 3.16 baskets, which at today’s values would represent just over 3,000,000. And in oil, 3.74, which would mean almost 4,000,000.
In the banking sector, the report estimated the equivalent of 3.14 baskets, that is, over 3,000,000, while in the Insurance sector, the reference starts at around 1,800,000 pesos.
Within the Manufacturing Industry sector, there is a category identified as ‘machinery and equipment’ (which would be linked to services for the oil industry), with salaries of 3.6 baskets, that is, exceeding 3,500,000 pesos.
In the health sector, most doctors would be excluded, but there is another group that will be affected. In particular, professionals who were making additional compensation for on-call work, which could start to pose problems in securing such coverage, since professionals will lose the incentive to make that additional effort.
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The teaching sector would also be affected, although there are very few cases, according to the union, which continues to demand a salary increase from the provincial government.
