In the midst of so much economic uncertainty that Argentina is going through, including the law that promotes the creation of a Universal Basic Salary (SBU) that was presented to Congress, both employers Like the workers They have something in common: the money for taxes that remains in the hands of the state.
About him real salary itself, in addition to facing a continuous race against inflation -which private consultants estimate will far exceed 60% this year-, it also has legal deductions to which all workers are subject.
Depending on a large number of factors, including how much they charge, the person who works will or will not have to pay the income tax. But there are other issues, such as retirement, social work, etc., that yes or yes you have to pay.
To show us what this reality is like with concrete numbers, a user of TikTok He uploaded a video in which he exemplified how much money the State keeps from the salary of one of its employees.
The salary has legal deductions to which all workers are subject
How much money from your salary does the State keep?
The user of TikTok Chechodavidboffa prepared a video for the workers where he shows them how much money from your salary ends up going to the State instead of your pocket.
He exemplified this with a specific case: “We recently hired a employee in white for our local for five hours. Look at the numbers because they are impressive,” the young man began.
“We put as employers every month 82,497 pesos. That is what yes or yes we have to have set aside for our employee, month by month. How much does she receive out of pocket in her bank account? 51,183 pesos. In other words, there are about 31 thousand pesos that disappear into a black hole between what we put in and what she receives, “she added.
“How much is deducted from our employee? 13,377 pesos. For retirement, 6,728 pesos; PAMI 1,835 pesos; Social Work, 3,098 pesos and the punchline of the joke is great, they discount 1,291 and 322, that is, more than 1,614 pesos, of the union, since she is not a member of the union. She does not belong to any union but two unions still come to look for and take money from her salary despite the fact that she did not give her consent to join any union, “he warned.
@chechodavidboffa #Argentina #Worked #Employment #Employees #Employer #Condition #Taxes #Government #Salary ♬ original sound – chechodavidboffa
Then, the user described where the Employer contributions: “And for us, as employers, they deduct 16,420 pesos. We also contribute 6,100 for retirement. Here we should make a parenthesis because if we contribute 6,100 pesos and the employee 6,700, it is almost 13,000 pesos per month for half a day. It is a lot of money and a retiree earns 33,000 pesos. In the middle there is money that disappears “. And he continued: “We contribute to PAMI, to the national employment fund, family allowances, social work and look at this, because you can’t believe it. Also 1,800 pesos for the union. We, who are not employees, and who are not union members, are still required by law to contribute to the union every month.”
Finally, he revealed the conclusion he reached: “Actually, all entrepreneurs in Argentina are not owners, we are partners. With who? With the Argentine State, which is a slightly strange partner. He is a partner who, if things go well for you, will come every month and tell you that he is coming to look for your taxes, yours as an entrepreneur. ´I come to look for taxes for what you sold; I come to get taxes for what you earned; If you earned a lot, I come to get taxes for that extra profit that you did not expect, and if it went wrong, I come to get your taxes and for what you sold, and I was grateful that it went wrong for you so I do not charge you income tax. And if things went wrong for you, get ready and let me know when things start to go well for you, I’ll come get the rest of the taxes.”
Gross to net salary: what are the deductions
know how to pass the gross to net salary It can be complicated, but it is something that all workers have to learn to be able to Check if your income is being calculated correctly.
Calculate the gross to net salary difference It is especially important for employees registered in the Argentine Social Security System, which is operated by Anses. That is, they are those who are “in white” and they are made to your income corresponding discounts.
But still, the difference gross salary a net It is an account that should always be known and considered in order to understand how much you charge and how and why that amount is reached. In the following article we tell you how to do it.
To know how to convert gross salary to net salary in Argentina it is necessary to take into account what are the items that are within the salary and what varies depending on the work that each employee does.
It is important to know the difference between the terms net and gross at the time of starting work and at the time the salary receipt arrives.
How to calculate the gross to net salary pass in Argentina: what is each value
At the time of hiring, companies usually express the salary in gross terms, that is, that value It is not the one that will remain in the worker’s pocket at the end of the month.
That is why if you are a worker, you should be able to mentally convert gross salary to net salary quickly and efficiently. It will be the best way Evaluate if a job offer suits you or not, if you pay more than you already earn.
It is necessary to know what are the deductions to which it is subject by law, in order to be clear about the amount of money in hand which will be received each month.
From gross to net salary: find out the difference between these two terms that are so important for your income
But to learn this and go from gross to net salary, it is necessary to first learn the basics.
What is gross salary
The gross salary is the total amount of money charged as a worker without taking into account deductions generalized by law. It is the base by which we can pass the gross salary to net.
Ignoring this difference can lead the worker to confuse the values and think that the gross salary (the one they were told in the interview or saw in the notice) is the one that will arrive in the bank account at the end of the month.
What is the net salary
On the contrary, the Net income is he money that is deposited in the worker’s account at the end of the month, once the deductions have been applied provided by law, the one that the worker really perceives and can use. It is also called salary “pocket-size”.
So, now that you are clear about the gross salary that you have to go to net, you still need to know what the deductions that you have to make to that initial amount will be.
Gross to net salary: learn what are the deductions that are made to your income if you work in white
What are the deductions to go from gross to net
As we said, to go from gross to net salary you have to deduct the corresponding deductions from the first.
This, if you are a “blank” registered employee in Argentina, your employer must do it, and Your salary receipt must include each of the deductions and the amount in each month.
But apart from the fact that it is not your task to calculate how to go from gross to net salary, to control that the company where you work is doing it well, you have to know how it is done and what deductions are applied to your income.
The gross salary deductionscalled salary deductions or legal deductions, are the following.
Within the key values to calculate how to go from gross to net salary, retirement must be taken into account, that is, retirement contributions. In Argentina a is deducted eleven% of salary as retirement contribution.
Gross to net salary: Anses deducts retirement contributions from your monthly income
It is a deduction for generate a savings fund for when you decide to retire (as long as you have more than 30 years of contributions). The money is retained by the Argentine Integrated Social Security System (SIPA), which is the pension system currently in force in Argentina.
The social work is another of the values that is taken into account to calculate the shift from gross to net salary of employees. It counts a 3% for the discount made for Health services, so that you can have access to medical assistance in the event of an accident or illness.
The company retains it and then deposits this amount in the AFIP, which allocates a percentage to the National Health Insurance Administration.
Finally, within the mandatory values to calculate the transfer of gross to net salary in Argentina, is the contribution to PAMI. This is a deduction from 3% for the National Institute of Social Security for Retirees and Pensioners (INSSJP), better known as PAMI.
That body provides comprehensive medical care for older adults, which everyone is supposed to have to use at some point.
If you choose to pay the union contribution to join, calculate that deduction to convert gross salary to net
Depending on whether the company is subject to an agreement or the worker to a unionto go from gross to net salary, deduct between a 2% and 4%, that are allocated to each trade union group or guild.
This deduction it is not mandatorybut each worker chooses to do it, but in case of choosing this alternative, the deduction is made directly from the gross salary.