Government proposes income tax exemption for those earning up to R$20,000 in case of serious illness

The Minister of Finance, Fernando Haddad, announced this Thursday (28) significant changes to Income Tax, which aim to restrict the exemption for people affected by “serious illnesses”. This measure is part of a package of spending cuts and changes to income taxation presented by the Executive Branch.

Haddad gave a press conference this Thursday morning to explain the measures of the fiscal adjustment package, and stated that there are some distortions that are being adjusted in relation to health in Income Tax and that health expenses will continue to be fully deductible. . The new rules establish that patients with serious illnesses, which can result in sequelae or even death, but who have an income of more than R$20,000 per month, will no longer be entitled to full exemption from Income Tax.

_{Government proposes economic measures in new spending cut package (Photo: Reproduction/Instagram/@ptbrasil)}

Check the list of diseases that lose total income tax exemption

The diseases that will lose the total exemption from Income Tax are: mental alienation, severe heart disease, blindness, radiation contamination, Parkinson's disease, multiple sclerosis, ankylosing spondyloarthrosis, advanced stages of Paget's disease (osteitis deformans), leprosy, severe liver disease , occupational disease (caused by working environment conditions), malignant neoplasia (cancer), severe nephropathy, irreversible and disabling paralysis, acquired immunodeficiency syndrome (AIDS), based on the conclusion of specialized medicine and active tuberculosis.

_{Government proposes economic measures in new spending cut package (Photo: reproduction/Instagram/@lulaoficial)}

IR exemption for those earning up to 5 thousand

By order of President Luiz Inácio Lula da Silva, the government also announced, through Fernando Haddad on Wednesday night, the exemption from Income Tax (IR) for those who earn up to R$5,000 per month, in addition to a increase in taxes for those with income exceeding R$50,000 per month.

The new rules reflect a government effort to adjust public finances, while also seeking to ensure fiscal justice among different groups of the population.

Featured photo: Government proposes economic measures in new spending cut package (Photo: Reproduction/Fabio Rodrigues-Pozzebom/Agência Brasil)