We tell you everything about this new plan

2024-05-08 09:01:04

The Ministry of Finance and Public Credit (SHCP) published on Wednesday, May 1 in the Official Gazette of the Federation (DOF), he decree for the new employment subsidy.

He new plan for employment subsidy which was made official when published in the evening version of the DOF, is implemented in light of the recent increases applied to the minimum salary.

But,What does the new plan consist of? of employment subsidy that came into force from the first day of this month of May? We tell you all the implications change.

Money (Cuartoscuro / Crisanta Espinosa Aguilar)

Treasury decrees new employment subsidy plan due to increase in the minimum wage

Due to increases to the minimum wage that have been approved during the six-year term of President AMLO, the SHCP published a decree to change the employment subsidy.

The above is due to the fact that with the increase in salary perceptions, the support that the federal government granted to a certain sector of the population became practically obsolete.

Given the gap derived from the 20% increase in the minimum wage, a new impact was generated for workers in Mexico who have the lower income.

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It should be noted that the employment subsidy plan allows employers to access a reduction in retention for income tax (ISR).

In other words, through the employment subsidy plan, employees who have the lowest salaries in the country can receive their even full salaries.

However, due to the increase in salaries that the federal government has guaranteed, the tabulators were out of date and workers would no longer be able to access the plan.

SHCP (especial)

What does the new employment subsidy plan consist of?

Due to the modifications to the increase in the minimum wage that the AMLO government has approved, the Ministry of Finance decreed on May 1 a new plan of employment subsidy.

In order to continue supporting nearly 8.2 million workers in the country that has the minimum wage lower, the new plan modified the tabulators.

In this way, the subsidy that allows employers a reduction or even free The ISR will continue to be granted to benefit those who receive less than 9,081 pesos per month.

In this regard, the decree published by the SHCP in the DOF establishes that the new plan allows workers with the lowest salaries to be able have your full salary.

It should be noted that official data indicates that people who earn less than 9 thousand pesos per month represent 37.1% of the total population in the country. formal labor market.

Workers in Mexico (CUARTOSCURO / Rogelio Morales Ponce)

2024-05-08 09:01:04