- The bill depends on Senate approval;
- The measure provides for an extension of the delivery period to July 31;
- The refund schedule does not change.
This Wednesday (31), the Chamber of Deputies approved the extension of the deadline for the delivery of Income Tax Declaration 2021. The bill provides that the delivery must take place until July 31 this year. THE proposal for deferred income tax goes to Senate analysis.
Currently, the deadline for submitting the 2021 Income Tax return is until April 30th. If the text is also approved by the Senate, taxpayers can deliver until July 31.
The project rapporteur, Deputy Marcos Aurélio Sampaio (MDB-PI), stated that the measure takes into account the worsening of the covid-19 pandemic. He points out that the crisis resulting from the pandemic is in the worst stage.
In view of this scenario, the rapporteur argues that the postponement will provide more confidence and legitimacy for the services provided by the Federal Revenue Service. Last year, also due to the pandemic, the delivery deadline was extended by two months.
Until the beginning of this Wednesday, about 30% of the taxpayers were accountable to the Tax Authorities. This percentage represents 9.7 million declarations.
Last year, 31.9 million statements were submitted. For this year, the IRS expects 32.6 million declarations to be sent. If the taxpayer does not send the document within the deadline, there will be a fine of R $ 165.74 or 1% of the tax due, with the prevalence of the highest amount.
Deferred Income Tax deadline does not change refund dates
The approved text foresees that the refund schedule will not change. For this year, five lots refunds will be paid by the IRS, as it happened in 2020. The payment dates are:
- First batch – May 31
- Second batch – June 30
- Third batch – July 30
- Fourth lot – August 31
- Fifth lot – September 30
The sooner taxpayers deliver the IR 2021 declaration without errors, the sooner they will receive the refund. It should be noted that the elderly, people with severe illness and mental or physical disabilities will receive priority.
The IRS estimates that 60% of the declarations delivered this year will be refunded. Another 21% will have no tax to pay and no refund. The remaining 19% will have tax payable.
Who should declare income tax in 2021
The obligation to send the Income Tax declaration applies to the taxpayer who, in 2020:
- Received over R $ 28,559.70 of taxable income (such as salary, rent and retirement, for example);
- Received exempt, non-taxable or taxed income exclusively at the source, the sum of which was more than R $ 40 thousand (such as labor indemnity or savings income, for example);
- Has obtained, in any month, capital gain on the sale of assets or rights subject to the tax levy or has carried out transactions on stock and commodity exchanges;
- Obtained gross revenue from rural activities in an amount greater than R $ 142,798.50;
Intends to compensate, in calendar year 2020 or later, losses from previous calendar years or the calendar year 2020 itself;
- On December 31, had the possession or ownership of goods or rights, including bare land, with a total value exceeding R $ 300 thousand;
- He moved to Brazil in any month and, as such, was on December 31, 2020;
- It opted for exemption from Income Tax on capital gain (profit) on the sale of residential properties, whose proceeds from the sale is applied to the purchase of residential properties located in the country, within 180 days, counted from the conclusion of the sale contract ;
- He received emergency aid and had other taxable income in an annual value greater than R $ 22,847.76.
Income Tax Delivery Options 2021
- By the computer: through the Declaration Generator Program, fiscal year 2020, through the Federal Revenue website. The program can be downloaded according to the computer system – Windows, Linux (64-Bits). MacOS or Multiplatform version;
- Through the browser: pre-filled statement through the IRS website;
- Through the app: through the My Income Tax application The program is available in stores on Android and iOS systems.
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