Brazil Monthly Income Tax Calculator
The Brazil Monthly Income Tax Calculator is updated to reflect the latest tax information from the Brazil Tax Agency , Brazil's national tax collecting authority.
The Brazil Monthly Income Tax Calculator is designed to provide you with a salary illustration with calculations to show how much income tax you will pay in 2018/19 and your net pay (the amount of money you take home after deductions). The calculator will produce a full income tax calculation simply by entering your Monthly income, alternatively you can select the advanced calculator and change the calculator options and enter additional income, capital gains and deductible expenses.
Brazil uses a Pay As You Earn (PAYE) deduction model, similar to that used in the United Kingdom, whereby tax is deducted at source via employers and paid directly to SARS on behalf of the employee. This means that tax affairs for most are fairly simple. This Monthly Brazil PAYE Calculator allows you to compare salaries, deductions and annual earnings and is useful for employers who want to calculate the total cost of an employee.
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