When is it charged and how is it calculated?

What is the Christmas bonus?

The supplementary annual salary is regulated in the Labor Contract Law 20,744 in arts. 121 and 122 (text modified by Law 27,073). In them, the calculation method and the payment dates are established.

Regarding the first point, it is established that 50% of the highest monthly remuneration accrued for all concepts is calculated, in the semesters ending in June and December.

When is the Christmas bonus collected?

Regarding the payment terms, it establishes two dates: June 30 for the first installment and December 18 for the second.

They are fixed expiration dates and the guidelines of art. 128 payment terms, which distinguish between expiration period and payment period, enabling for monthly and biweekly remunerations a payment period of up to 4 business days after the expiration of the term.

It is not the case of the supplementary annual salary that has a fixed date established and therefore the maximum limit for its payment.

Any payment that is not made in advance or on the established dates violates current legislation.

There is in all cases a “grace” period of four days.


How the bonus is calculated?

The Labor Contract Law establishes that the bonus must be equivalent to 50% of the highest monthly remuneration accrued in all respects of each semester.

To calculate the first bonus, wages from January to June are taken into account. The calculation must include the basic salary, overtime and other bonuses that have been received.

Likewise, for the second installment of the bonus, salaries from July to December are taken into account.

In the event that a worker has not worked the entire semester, the formula to be used is: Christmas bonus multiplied by days worked, divided 180 (the days of the semester).

Does the bonus pay Income Tax?

It is important to know that the bonus will not pay from this 2021 Income Tax, since it was exempted in the modification approved by Congress, in which the non-taxable minimum was also raised.

How much does a retiree get a bonus?

ANSES will pay an extra bonus equivalent to 50% of the highest monthly income received in the first semester of the year.

In this way, retirees who receive the minimum will charge an extra 11,532 pesos at the end of the month as part of the SAC and 34,596 pesos in total if you add the traditional monthly amount.

When does a retiree receive a bonus?

The payment of the bonus for retirees in December is established in the middle of the month: it must be paid on the 18th, which this year falls on Saturday.

Aguinaldo: Do ​​the beneficiaries of AUH, AUE and SUAF charge it?

The beneficiaries of the Universal Child Allowance (AUH) and the Pregnancy Allowance (AUE) are not entitled to collect the bonus, since it is paid to workers in a dependency relationship or to those who have made contributions in the past under that concept , just like retirees.

Do monotributistas charge a bonus?

Despite the fact that months ago the possibility of implementing the Christmas bonus payment for monotax recipients of the lowest categories was outlined, finally no progress was made.

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