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Starting in 2024, Brazilians who earn two minimum wages will once again pay income tax, a significant change for millions of workers. According to Unafisco Nacional, this change is due to the readjustment of 10.16% in the minimum wage, which increased the monthly income to R$ 2,824.
This change results in a monthly collection of R$13.80 in tax, equivalent to R$165.59 per year. Thus, this situation arises in a context where the annual correction of the exemption table, which should accompany the appreciation of the minimum wage, did not occur in the same proportion.
Experts, such as the president of Unafisco, Mauro Silva, and the specialist in social security law José Hailton Diana, point to the discrepancy in the IRPF table as one of the main causes of this problem, stating that it is necessary to correct the exemption table annually.
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See more: Federal Revenue Auction: see available items
Change in Income Tax exemption
It is important to highlight that this change in the IR exemption directly affects taxpayers with lower earnings, including INSS retirees and pensioners, who also had their benefits adjusted.
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The IRPF table gap reached 159.57% in 2023, according to Unafisco Nacional. If the table correction were to happen, taxpayers with salaries lower than R$ 4,942.29 would not need to pay federal taxes.
So, the current situation, without the correction of the table, leaves only 14.6 million people exempt from income tax. If the correction were fully applied, this number would double, reaching 29.1 million taxpayers.
Correction of the IRPF Table
Updating the IRPF table is a crucial issue for maintaining tax justice. With the current time lag, a significant portion of the population that should be exempt ends up being taxed.
Therefore, Unafisco Nacional highlights the importance of correcting the IRPF table to reflect the reality of inflation. If the table were corrected in full, only people with incomes above R$4,899.69 would be subject to paying the tax.
Image: Agência Brasil
