Brazil

Individual - Sample personal income tax calculation

Last reviewed - 06 January 2020

Currency amounts are in Brazilian real (BRL). The calculation was prepared based on the deductions and tax rates valid for 2019:

Tax filing status Single Married Married
Number of children 0 0 3
Apply standard deduction No Yes No
Schooling expenses 0 0 3
Medical expenses 4,830.64 0.00 1,000.00
       
Gross remuneration 50,000.00 75,000.00 100,000.00
       
Calculation basis 50,000.00 75,000.00 100,000.00
Employee social security (BRL 642.34 per month for the calendar year 2019) (8,473.04) 0.00 (8,473.04)
Dependant deduction (BRL 2,275.08 annually per dependant) 0.00 0.00 (9,100.32)
Schooling deduction (BRL 3,561.50 annually per dependant) 0.00 0.00 (10,684.50)
Medical expenses (4,830.64) 0.00 (1,000.00)
Total deductions (13,303.68) (16,754.34) (29,257.86)
Taxable amount 36,696.32 58,245.66 70,742.14
Tax rate 15.00% 27.50% 27.50%
Income tax due 5,504.45 16,017.56 19,454.08
Amount to deduct (4,257.57) (10,432.32) (10,432.32)
Income tax to be paid 1,246.87 5,585.24 9,021.76
       
Employee social security (8.473.04) 0 (8,473.04)
       
Net income 40,930.30 61,706.68 83,059.79