Income Tax: with less than a month to go before the deadline, almost 60% of RN taxpayers have not yet filed their declaration | large northern river

The deadline for declaring Personal Income Tax (IRPF) for 2024 ends on May 31st and in Rio Grande do Norte almost 60% of taxpayers have not yet reported to the Federal Revenue.

According to the Federal Revenue Service, 438,968 declarations are expected in Rio Grande do Norte. As of May 6, 231,524 had been delivered.

Across the country, 43 million documents are expected.

Anyone who does not submit within the set deadline is subject to a minimum fine of R$165.74 and a maximum amount corresponding to 20% of the Income Tax due.

• who received taxable income above R$30,639.90 in 2023. The value is slightly higher than that of last year’s income tax declaration (R$28,559.70) due to the expansion of the exemption range since May of last year ;
• taxpayers who received exempt, non-taxable or taxed income exclusively at source, the sum of which exceeded R$200,000 last year;
• whoever obtained, in any month of 2023, capital gain on the sale of assets or rights, subject to the incidence of tax, or carried out operations on stock, commodity, futures and similar exchanges whose sum was greater than R$40 thousand, or with calculation of net gains subject to tax;
• those who were exempt from tax on capital gains on the sale of residential properties, followed by the acquisition of another residential property within 180 days;
• who had, in 2023, gross revenue worth more than R$153,199.50 in rural activity (compared to R$142,798.50 in 2022);
• who had, until December 31, 2023, possession or ownership of goods or rights, including bare land, with a total value of more than R$800 thousand (compared to R$300 thousand in 2022);
• who became resident in Brazil in any month and was in this condition until December 31, 2023;
• whoever chose to declare the assets, rights and obligations held by the controlled entity, directly or indirectly, abroad as if they were held directly by the individual;
• Has a trust abroad;
• Want to update assets abroad.