Netflix: how much will the service increase from May

In May, Netflix announced that it will increase its prices in Argentina. The streaming platform service will have an increase of 42.9% in the basic plan, 30.8% in the standard plan and 26.3% in the premium plan. In this regard, the basic service will cost 999 pesos, the standard at 1,699 pesos and the Premium at 2,399 pesos.

At that value, you have to add taxeswhereupon the Basic Plan will cost 1758 pesos, he Standard Plan will be around 2990, 24 pesos and the Premium Plan will cost 4222.24 pesos. For all users, Netflix allows you to change your plan at any time. Those who wish to do so must start the account, enter “Plan Information”; select “Change Plan” and choose the desired plan, and then confirm.

Being a consumption in dollars -although its value is expressed in pesos- there are several taxes that are applied to the price of the subscription. Among them, VAT (21%), Perception on account of taxes on Profits and Personal Assets (45%), COUNTRY Tax (8%), Perception of taxes on Gross Income in CABA (2%).

“We charge in local currency, but financial institutions may convert the currency of international transactions to US dollars. For this reason, you could see Netflix charges in US dollars, instead of your local currency ”, they explain from the platform to their subscribers.

On the other hand, the date of application of the new rates will depend on the characteristics of each user. The current values ​​can be viewed in Plans and prices. The new Netflix prices will apply immediately to new subscribers. In contrast, for current members, the company communicated that “They will gradually come into force.”

Subscribers who decide to unsubscribe from Netflix must follow the following steps: go to the “Personal Information” option of the account, click on “Current payment”, select “Cancel Membership” and confirm the suspension in “Finish cancellation”.

by RN

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