main news this year is the update of the exemption range, which went to R $ 30,639.90
The deadline for the 2025 declaration should start on March 17, although the date still needs to be confirmed by. The main news this year is the update of the exemption track, which went to $ 30,639.90. This means that those who received taxable income above this amount in 2024 will need to account for the tax authorities.
Who should declare?
In addition to those who had taxable income over R $ 30,639.90, other taxpayers are also required to declare, among them:
- Who received more than R $ 200 thousand in exempt income, such as labor compensation and alimony;
- Who had gross revenue over R $ 153,199.50 in rural activity;
- Who sold common shares over R $ 20 thousand per month;
- Who owned goods or rights of more than R $ 800 thousand.
Individual () microentrepreneurs () may also need to declare, depending on the revenue and activity performed. “For Meis, there is a percentage of applied exemption on income, which ranges from 8% to 32% according to the sector,” explains Carmem Granja, director of Abrapasa (Brazilian Association of Administrative Support Service Providers).
Deductible expenses
Some expenses can be used to reduce the tax due, among them:
- Dependent spending;
- Health expenses (consultations, exams, health plans);
- School monthly fees and higher education;
- Private pension and alimony determined by court decision.
According to Granja, maintaining organized receipts and invoices is essential to avoid problems with revenue. “Storing proof of deductible spending is fundamental, because the tax authorities can request the documentation later,” he warns.
MAIN ERRORS IN THE DECLARATION
Among the most common errors are:
- Inform estimated values instead of exact;
- Declare expenses without proof;
- Choose an inappropriate statement model.
“The simplified declaration grants a fixed discount of 20% on the tax calculation base, limited to $ 16,754.34, while the complete allows a higher discount, depending on deductible expenses,” explains the expert. The IRS should disclose more details about the statement in the coming weeks. The expert’s recommendation is to gather all the documentation in advance to avoid errors and ensure that the taxpayer takes advantage of all the possibilities of deduction.
