Table S033 - Employer Reduction

According to Statute 26,476 of the LCT, all companies are entitled to a reduction in the following taxes when they provide new work posts:

• Jubilación
• INSSJP/Ley 19,032
• Pat. Family Allowance
• FNE

It is a 50% reduction in the first year of the worker's employment and 25% in the second year from admission date, as of 01/01/2009.

Note:

The Employer Reduction Calculation depends on the model and the length of service.

 

To calculate employer's reduction, fill out the fields as described below:

Code

Employer's reduction code, as desired.

Length of Service up to

Maximum limit of Length of Service for applying the percentage.

Employer's Reduction Perc.

Employer's Reduction Percentage.

  
Example:

 

Admission date:

01/05/2007

Code

204

Length of Service up to

3 Years

Employer Reduction Perc.

6.000,00

See Also

• Table Maintenance
• Table S023 - Models
• Employee Register
• Monthly Closing
• Payroll Item Register
• Payroll Calculation