Repro II: Enrollment in the Wage Assistance Program Begins

Registration for the Productive Reactivation Program II (Repro II) and Emergency Assistance to Independent Workers in critical sectors was open on Monday and will be extended until October 31 for wages earned this month. The months selected for the calculation of the year-on-year variation of the invoicing required by the Federal Administration of Public Revenue (AFIP) will be September 2019 and 2021, but billing should not be considered for companies started as of January 1, 2019.

Likewise, the month selected to determine the payroll and reference salaries will be last September. For its part, the cut of update of payroll cancellations and that of CBU will be until October 23. In the case of independent workers, they must present a reduction in turnover of more than 20% in real terms, for the period between last September and the same month of 2019. Likewise, the reference period of payments to be credited will be for self-employed from January of this year until last August; and for monotributistas, from February to September. It remains to be defined what will be the maximum increase in turnover in nominal terms, which for the salaries earned in September was 70.4%. Repro II provides assistance of $ 22,000 for workers in companies in critical sectors, the same amount as for health and independent, while the subsidy to the non-critical sectors affected is $ 9,000.
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Original source in Spanish