The deadline for employers to deliver the 2025 income report to their employees ends this Saturday (28). On the same day, financial institutions and stockbrokers must provide their clients’ financial investments for the calendar year 2025.
Individual Income Tax (IRPF) taxpayers need this document to complete the IRPF 2026 declaration, base year 2025. The report details all amounts received by an individual over the past year.
The person issuing the report is the paying source, whatever it may be, from individual micro-entrepreneurs (MEI) who have employees to the National Social Security Institute (INSS).
The information that must be included in the income report includes: gross salary for the base year; Income Tax Withheld at Source (IRRF); Social security contributions; benefits, such as food vouchers and meal vouchers; and other deductions.
Income Tax Exemption
Since January 1st, workers who earn up to R$5,000 per month have been completely exempt from income tax. For incomes that reach R$7,350, there is a gradual reduction in tax, with greater discounts for amounts close to R$5,000.
*Intern at Agência Brasil under the supervision of Odair Braz Junior
