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IR: Check how much you will pay if the new schedule is approved | Economie

IR: Check how much you will pay if the new schedule is approvedMarcelo Casal Jr. / Agencia Brazil

in a day

Posted on 06/25/2021 19:42 | Updated on 06/25/2021 20:15

Brasilia – A change in the income tax schedule will cause Brazilians to pay less tax. According to the proposal sent by the federal government on Friday (25) to Congress, the exemption limit for individuals will be increased from R$1,903.98 to R$2,500.

Also according to the proposal, the amount of tax paid will be reduced to the following income brackets. paying off:

Income tax schedule update Brazil Agency
See what it would look like with the income bracket

Income: 1.5 thousand Brazilian riyals
Amount Paid: 0 Brazilian Real
How much will you pay: 0 BRL

Income: Rls 2000
How much is paid: 7.20 BRL
How much will you pay: 0.00 BRL
Tax Reduction: 100%

Income: 2.5 thousand Brazilian riyals
Amount paid: 44.70 BRL
How much will you pay: 0.00 BRL
Tax Reduction: 100%

Income: 3 thousand Brazilian riyals
Amount paid: 95.20 BRL
How much will you pay: 37.50
Tax reduction: 60.6%

Income: 3.5 thousand Brazilian riyals
How much to pay: 170,20.000
How much will you pay: 97.50.000
Tax reduction: 42.7%

Income: 4 thousand Brazilian riyals
How much do you pay: 263.87
How much will you pay: 172.50 BRL
Tax reduction: 34.6%

Sending a Message

The Federal Government has transmitted to the National Congress the text of the Phase II Tax Reform Bill, which introduces changes to the Income Tax Act. The letter confirming the dispatch of the PL was published in an additional edition of the Official Gazette of the Federation circulating on the afternoon of Friday, 25.

In the morning, the official delivery of the proposal to Congress was celebrated, but until about 17:00 the room was still waiting for the official presentation of the text, the radio reported, and the document was not recorded in Casablanca. the system.

The project provides for expanding the exemption limit for individuals from 1.9 thousand Brazilian riyals to 2.5 thousand Brazilian reais, reducing corporate taxes, the rate of profits and dividends.