Government Announces Measures to Support Monotributistas and Boost Consumption

The government announced a series of measures that will impact different groups of peopleamong them, the monotributistas. These measurements were carried out with the objective of strengthening consumption y cushion the impact of inflation.

Among the provisions disclosed, there is a access to credit for until $4.000.000 for the monotributistasdepending on the category, to be paid in up to 24 installments to the half bank rate and with 100% State guarantee.

In addition, this new standard includes the possibility of being exempt from paying the tax component for 6 months for those who are part of category A, B, C and D.

Monotributistas: how to get a credit

Monotributistas workers can access the new credit program through the Bank entities that they meet enabled.

At the time of request the loanthe taxpayer must demonstrate that the requested money it will be used in investments that they have relation to their economic activity.

In addition, you must introduce a credit situation 1 and 2which means that it is not within a medium or high risk of payment delays (according to the scale at the Central Bank of Debtors).

Loans for Monotributistas: What are the authorized banks?

– National Bank

– City of Buenos Aires Bank

– Banco Macro

– Banco Credicoop

– Comafi (Córdoba, Corrientes, Formosa and Tierra del Fuego)

Monotributo: what are the categories and amounts released

The announced measure contemplates the categories A, B, C and D of the Simplified Regime (Monotributo), which involves annual income:

– $1.414.762,58 (A)

– $2.103.025,45 (B)

– $2.944.235,60 (C)

– $3.656.604,33 (D)

The monthly amount released from payment for each of these categories is:

– $496,85 (A)

– $957,27(B)

– $1,636.83 if they provide services and $1,512.56 if they sell furniture in the case of category C

– For category D $2,689.05 for services and $2,484.46 if they sell furniture.