The increase in rates of the Tax on Financial Operations (IOF) can press the budget of Individual Microentrepreneurs (MEIs) and companies opting for Simple national. The decision of Minister Alexandre de Moraes, who partially restored the decree of the federal government, should directly affect the credit cost for small businesses.
This is because for business credit operations jumped from 1.88% to 3.38% per year. The fixed rate of IOF to 0.38% to 0.95%, while the daily rate doubles from 0.00137% to 0.00274%.
In annual terms, this represents an increase in almost a percentage point in the cost of credit for these companies, according to Charles Gularte, executive vice president of services to Customers of Contabilizei.
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“To resort to loans and anticipation of receivables, the measure has a direct impact on a profit margin that is already tight,” says the expert.
In addition, in operations of up to R $ 30 thousand, the annual rate goes from 0.88% to 1.95%. Above this amount, companies pay the same rates applied to other legal entities, reaching up to 3.95% per year.
Credit cost rises to meis and simple
The difference is already noticeable at the tip of the pencil: a loan of $ 10,000, which once had IOF of up to $ 188, can now reach $ 395. In the case of Simples companies, the amount rises from $ 88 to $ 195.
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The expert also warns that it can make it difficult to access credit for small enterprises, which already face challenges to maintain operation. According to him, in addition to the impact on cost, new limits can restrict operations and demand more financial planning.
“It is essential that entrepreneurs and accountants are aware of signing credit contracts, renegotiations or seeking new more advantageous lines,” says the vice president of Contabilizei.
Changes in IOF
According to the Ministry of Finance, the new decree aims to standardize tax treatment between individuals and legal entities, eliminating asymmetries. The folder estimates that the measure generates $ 11.5 billion in collection only in 2025.
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However, with – understanding that it is not characterized as loan or financing – the ministry calculates a loss of R $ 450 million in 2025 and R $ 3.5 billion in 2026.
