As the period for submitting the Income Tax declaration approaches, several doubts arise regarding permitted deductions. Among them, the question about the possibility of including fuel expenses in the Income Tax declaration stands out.
The answer is yes, as long as the fuel invoice includes the taxpayer’s CPF, as explained by . These expenses fall into the category of “General Family Expenses”, which includes various expenses, such as those incurred in supermarkets, clothing, electricity, gas, among others. In this category, it is possible to deduct 35% of expenses incurred, up to a limit of R$250 per taxpayer or R$500 per couple.
Taxpayers with independent activity
For taxpayers who have an open activity as self-employed workers, it is necessary to distinguish whether the fuel expenses were incurred for personal use or within the scope of their professional activity. Although these expenses are considered general household expenses, there may be differences in the associated tax benefits, such as the ability to deduct VAT in some situations.
Deduct VAT on fuel
According to current legislation, ICMS deduction is not permitted in the case of gasoline. However, there are exceptions for other fuels. For vehicles powered by diesel, LPG or natural gas, it is possible to deduct 50% of VAT, as stipulated in subparagraph b) of paragraph 1 of article 21 of the VAT Code. This deduction is subject to specific conditions related to the nature of the vehicle and the use of the expense.
In short, although fuel expenses can be included in the IRS as general family expenses, the additional benefits, such as the VAT deduction, depend on the type of fuel and the taxpayer’s tax situation. It is recommended that you carefully review the applicable rules and validate all tax documents on the E-fatura portal.
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