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See how salary discounts are after readjustment of contributions to Social Security

Discounts on taxpayers’ payroll change this year with the readjustment of the retirement amount for those earning above a minimum wage, which was set at 5.93%.

The government uses the INPC (National Consumer Price Index) accumulated from the previous year to define the readjustment of INSS beneficiaries above the minimum wage. The index was released on Tuesday (10) and confirmed by the Ministry of Social Security. to CNN which would be used for the reset.

According to the calculation of the director of the Brazilian Institute of Social Security Law (IBDP), Emerson Lemes, the taxpayer who receives a salary above R$ 7,158 will contribute more in 2023. Last year, the payroll deduction for the contribution of Pensions became higher compared to 2021 for those earning from R$ 6,542.00.

And from BRL 7,600, the taxpayer starts to pay a fixed amount, which is BRL 877.24 (BRL 48.85 more than what he paid in 2022). Last year, the ceiling was for salaries starting at R$7,088.

See below the table with payroll deductions for INSS taxpayers based on the remuneration of private sector workers:

Contributions to the INSS

For those who pay the INSS on their own and pay according to the minimum wage, the contributions will start to consider the current minimum wage, but the change comes in practice only for payments made from February, as they refer to the January competence.

Policyholders who contribute as optional, or autonomous, on the floor will have new values, either at the rate of 11% or 20%, also from January.

Low-income housewives, for example, contribute 5% of the minimum wage per month. In 2022, this amount was R$ 60.60. Those who are registered as MEI (Individual Microentrepreneur) may have to pay different amounts, according to the activity carried out.

The basis is also 5% of the minimum wage per month, but those who work with commerce, industry and transport services need to add R$ 1 of ICMS. Services in general contribute with an additional BRL 5. Finally, those who contribute in both sectors are impacted by the incidence of the two taxes, which adds up to BRL 6.

The exception is the MEI truck driver, who must contribute at least 12% of the current minimum wage. ISS and ICMS charges depend on the specifications of the cargo and the scope of the territory in which it travels.

Source: CNN Brasil

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