Without readjusting the income tax table, the Federal Revenue receives record declarations

The lag in the Income Tax table, which has not been readjusted by the government since 2015, is pointed out as one of the reasons for the Federal Revenue Service to receive a record number of declarations this year. According to the tax authorities, 36.3 million must declare the IR, above the 34.1 million initially projected in the 2022 campaign.

As of 20:00 this Tuesday (31), the last day of delivery, 35.5 million had already declared and the IRS has already started to carry out studies to understand the reason for the increase in delivery, according to José Carlos Fernandes da Fonseca, the tax auditor responsible for the IRS. by IR.

“We still don’t have the total number of declarations presented, but we are already doing some studies that show that we have new declarants. We have an Income Tax table that has not been corrected, this means that, annually, a percentage of people are obliged to present the income tax declaration”, he says.

Other reasons given by the tax authorities for the high number is the number of citizens who started to have operations on the Stock Exchange, which forces them to declare the tax, in addition to the resumption of hiring after two years of the Covid-19 pandemic in Brazil.

“There were people who became unemployed due to Covid, got a job again last year and returned to present the income tax declaration. This is also one of the factors that may have increased this number of declarations a little.”

The lag is the biggest since 1996

The Income Tax table has not been corrected since 2015. The last update was in March of that year. The lag in income tax under the Bolsonaro government is the largest in the historical series, which began in 1996. As a result, more and more workers are forced to pay income tax.

The current exemption limit covers taxpayers who earn up to BRL 1,903.98 per month. From this value, the IR is deducted at source. The mandatory declaration starts for those who earn from R$ 2,379.97 per month – those who earn less than that, but are above the exemption range, have the option to declare if they want to receive the IR deducted at source.

In 2021, 34.2 million declarations were received, a number already higher than the previous year, when 31.9 million declared. One of the reasons for the high would have been the obligation to declare the IR in the case of those who received the emergency aid.

Who is required to declare income tax

It is required to declare the IR in 2022 the taxpayer who:

• Received taxable income above BRL 28,559.70 in 2021

• Received exempt, non-taxable or taxed exclusively at source income above BRL 40,000

• Obtained a capital gain on the sale of assets or rights subject to tax

• Was exempt from capital gain tax on the sale of residential property, followed by the acquisition of another residential property within 180 days

• Performed operations on Stock, Commodity, Futures and Similar Exchanges

• Had, on December 31, 2021, possession or ownership of goods or rights, including bare land, above R$ 300 thousand

• Obtained gross revenue from rural activities in an amount greater than BRL 142,798.50

• Want to compensate, in 2021 or following years, losses from rural activity from 2021 or previous years

• He became a resident of Brazil in any month and was in that condition on December 31