The income tax declaration period for Individual Income Tax (IRPF) in 2025 is one of the most important times for companies and professionals to organize their tax obligations. Although the Federal Revenue has not yet officially announced the deadline, it is expected that the submission period will be similar to previous years, between March and May.

This article presents a detailed guide for you to prepare, understand the news, and avoid mistakes in the declaration of IR 2025, in addition to highlighting important points that can generate tax savings.

What is Income Tax and what is it for?

Income Tax is one of the main sources of revenue for the Brazilian government, being used to finance essential services such as health, education, security, and infrastructure. It is levied on income such as:

• Wages;

• Rent;

• Financial investments;

• Legal actions;

• Pensions and retirements.

The calculation of the IR is based on the annual income of the taxpayer: the higher the income, the higher the tax due.

Who needs to declare Income Tax in 2025?

Although the Federal Revenue has not yet released the official rules for this year, guidelines generally include the following taxpayers:

• Taxpayers who received taxable income above R$ 30,639.90 in 2023, including wages, pensions, and rent;

• Taxpayers who received exempt, non-taxable, or exclusively tax-withheld income above R$ 200 thousand in the year. This amount includes the Severance Indemnity Fund (FGTS), unemployment insurance, donations, inheritances, and Profit and Results Sharing (PLR);

• Taxpayers who had capital gains from the sale of assets or rights;

• Taxpayers who had ownership of assets or rights valued above R$ 800 thousand on December 31, 2023;

• Taxpayers who conducted transactions on the stock exchange;

• Taxpayers who had income from rural activities over R$ 153 thousand;

• Those who moved to Brazil in 2023.

In addition, retirees with serious illnesses listed in Law No. 7,713/88, such as multiple sclerosis and severe heart disease, also have the right to IR exemption, as long as they provide proof with medical reports.

What documents do you need to declare?

Organizing documents in advance is crucial to avoid errors. Here’s what you cannot miss:

• Income declaration: provided by the employer;

• Receipts and invoices: proof of medical, educational, and pension expenses;

• Investment proofs: statements from brokers;

• Asset documentation: real estate, vehicles, and financial applications;

• Spouse's declaration: in cases of joint declaration.

News on Income Tax 2025

• Pre-filled Declaration: remains available for those with a gov.br silver or gold account, ensuring more agility in filling out;

• Digital receipt for medical expenses: starting this year, medical consultations will have mandatory digital receipts for deductions;

• Proposal for exemption for income up to R$ 5 thousand: still under analysis in Congress, with the possibility of implementation only in 2026.

Tips to save on Income Tax within the law

1. Utilize deductible expenses:

   Include spending on health, education, and private pension. There is no limit on the deduction for medical expenses, but educational expenses are limited to R$ 3,561.50 per person.

2. Organize receipts:

   Keep receipts for five years, as the Federal Revenue may request proof.

3. Use the pre-filled declaration:

   Reduce errors by utilizing the information that the Federal Revenue already has.

4. Opt for advantageous taxation:

   Compare the simplified declaration with the complete one to identify which yields lower tax.

5. Consult a specialist:

   The support of an accountant can help you avoid missing deduction opportunities.

Joint or separate declaration: which is the better option?

The choice between joint or separate declaration depends on the couple's income.

• Joint: recommended when one spouse has low income or high deductible expenses;

• Separate: ideal when both have high incomes, preventing an increase in the tax base.

How does the tax refund work?

The refund occurs when the taxpayer has paid more tax throughout the year than they should have. The refund batches prioritize:

1. Elderly persons aged 80 or older;

2. People with disabilities or severe illnesses;

3. Teachers;

4. Taxpayers who opted for the pre-filled declaration.

What if you get caught in the fine mesh?

If your declaration presents inconsistencies, it may be held for analysis. To avoid problems:

• Check if all income is reported;

• Ensure that medical expenses have valid receipts;

• Correct errors quickly by submitting a corrected declaration.

Conclusion: Be prepared for IR 2025 with the support of Beorange

Declaring the Income Tax correctly is essential to ensure compliance with the Federal Revenue and also to take advantage of deductions that result in tax savings.

If you want to simplify this process and avoid mistakes that could lead to fines, count on the support of Beorange. Our consultancy offers complete guidance to optimize your declaration and ensure that you are always up to date with the tax authorities.