ECD 2025: what you need to know
Digital Bookkeeping (ECD) is an ancillary obligation that forms part of the Public Digital Bookkeeping System (SPED). Its aim is to replace paper bookkeeping with digital files, making it easier to send accounting information to the Federal Revenue Service. Companies that are obliged to send the ECD must pay attention to the deadlines and updates for 2025, which have already begun to apply.
The ECF obligation and its impact on Brazilian companies
The Federal Revenue Service (RF) recently released version 11.0.3 of the Tax Accounting Bookkeeping (ECF) program. This update aims to improve the process of submitting tax and accounting information by Brazilian companies, ensuring greater accuracy and compliance with legal requirements.
A new chapter in tax reform
Tax reform is moving forward in Brazil with the recent approval of the supplementary bill (PLP 68/2024) by the Chamber of Deputies, consolidating important changes to the tax system. It is worth remembering that the proposal aims to replace federal, state and municipal taxes with a dual system of Value Added Tax (VAT), divided between the Contribution on Goods and Services (CBS) and the Tax on Goods and Services (IBS).
Possible impacts of ending the 6x1 work schedule on payroll
The 6x1 work schedule, in which employees work for six consecutive days and rest on the seventh, is widely adopted in sectors that operate continuously, such as retail, bars, restaurants, and telemarketing. Recently, the constitutional amendment proposal (PEC) presented by Congresswoman Erika Hilton (PSOL), which aims to extinguish this schedule and reduce the weekly working hours from 44 to 36, has generated intense debate about its impacts on business.
Payroll tax exemption maintained until 2024 and gradual implementation of the exemption from 2025 onwards
Published on September 16, 2024, Law 14.973 establishes the transition regime for the Substitute Social Security Contribution on Gross Revenue (CPRB) for the companies mentioned in articles 7 and 8 of Law 12.546/2011.
What to expect from the new tax reform?
The Tax Reform transition, scheduled to begin in 2026, will bring significant changes to Brazil's tax structure, with the unification of federal, state and municipal taxes into two new taxes: the Contribution on Goods and Services (CBS) and the Tax on Goods and Services (IBS).
Understand Dirbi, the Federal Revenue Service’s new accessory obligation
The Federal Revenue Service (RF) has established a new obligation for companies through RFB Normative Instruction No. 2,198/2024, published on June 18, 2024. The Declaration of Tax Incentives, Waivers, Benefits and Immunities (Dirbi) aims to collect information on the tax incentives used by companies.
ECD 2024: deadline and rules for submission
Companies have until June 28 to submit the Digital Accounting Bookkeeping (ECD 2024) to the Public Digital Bookkeeping System (Sped). This is the last working day of the month established as the deadline for fulfilling this tax obligation.
Tax updates to keep an eye on
Stay aware of the new rules on taxation of foreign investments (Individual Income Tax) and the Provisional Measure that revokes Payroll Taxation for 17 Economic Sectors
Calculating PIS/Pasep on the payroll brings changes for taxpayers and promotes integration with eSocial and DCTFWeb
As happens every year, the accounting sector needs to be aware of regulatory and legislative changes that impact companies’ tax obligations. On January 24th, the inclusion of the PIS/Pasep calculation on payroll in eSocial came into force. This calculation will be presented in event S-5011 of the system and then sent to DCTFWeb.
