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November 1, 2022
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The new non-taxable earnings minimum of $330,000 applies from today

The new non-taxable earnings minimum of $330,000 applies from today

The amount of remuneration or gross credit for purposes of the Christmas bonus exemption was increased from $280,792 to $330,000.


The new non-taxable income tax minimum for the fourth category of $330,000 per month began to take effect from this Tuesday and will benefit approximately 380,000 workers in a dependency relationship.

The rise of 17.5% with respect to the previous non-taxable minimum, It was made official last week with the publication in the Official Gazette of decree 714/2022.

The standard also provided Earnings exemption to Christmas bonus up to the sum of $165,000in the event that the monthly average of the sum of the annual salary does not exceed $330,000.

Likewise, the decree indicates that those who earn between $330,000 and $431,988 per month will have an “additional tax deductible amount” that will be established by the Federal Administration of Public Revenues (AFIP) in a subsequent regulation.

This means that the AFIP will establish a lower deduction for the first segments of income that qualify for the payment of the tax.

Secondly, the amount of remuneration or gross credit was increased from $280,792 to $330,000 for the purposes of the Christmas bonus exemption.



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