This article explores how the monitoring of Pix by the Federal Revenue Service impacts small grocery stores and businesses, detailing the new inspection policies, practical examples of tax calculations based on Simples Nacional, and the challenges faced by these businesses in the face of forced formalization.
*ATTENTION! THIS ARTICLE WAS WRITTEN BEFORE THE REPEAL OF THE PIX MONITORING LAW BY THE MINISTER OF FINANCE FERNANDO HADDAD*
A IRS intensified monitoring of financial transactions carried out via Pix to identify informal activities and ensure compliance with tax obligations. Small businesses, such as neighborhood grocery stores, which often operate partially informally, are now under greater scrutiny.
The objective is not to establish a new tax, but ensure that existing taxes are duly collected, in accordance with the guidelines of the Simple national.
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Impact on small businesses
Small grocery stores operate with reduced profit margins and, in some cases, do not fully declare their revenue. With the intensification of surveillance, significant financial movements via Pix can trigger automatic alerts on IRS.
Practical example:
Suppose a small grocery store has an annual gross revenue of R$500.000,00. According to Annex I of the Simples Nacional, the following rates apply:
- Annual Gross Revenue Range: De R$360.000,01 a R$720.000,00
- Aliquot: 9,5%
- Portion to be Deducted: R$13.860,00
To calculate the amount due:
- Gross Revenue for the Last 12 Months (RBT12): R$500.000,00
- Nominal Rate: 9,5%
- Portion to be Deducted: R$13.860,00
- Effective Tax Rate:
- (RBT12×NominalRate)–InstallmenttoDeduct(RBT12 × NominalRate) – Installment to Deduct ÷ RBT12
- (R$500.000,00 × 9,5%) – R$13.860,00 ÷ R$500.000,00
- (R$ 47.500,00 – R$ 13.860,00 ÷ R$ 500.000,00
- R$ 33.640,00 ÷ R$ 500.000,00
- 0,06728 ou 6,728%
- Monthly Value of DAS (Simple National Tax Collection Document):
- RBT12 × Effective Tax Rate ÷ 12
- R$ 500.000,00 × 6,728% ÷ 12
- R$ 33.640,00 ÷ 12
- R$2.803,33
Therefore, the supermarket must collect monthly R$2.803,33 in taxes by the Simple national.
Competition with large networks
Large supermarket chains already operate in full compliance with the tax obligations and have robust structures to deal with inspections. Small grocery stores, when forced to formalize, may face difficulties in competing, especially if they are not prepared to absorb the additional tax costs.
How to adapt and remain competitive
- Regularize your tax situation: Consult an accountant to ensure that all transactions are correctly reported.
- Separate personal and business accounts: Avoid mixing personal and business finances to make accounting easier.
- Maintain strict financial control: Record all income and expenses to monitor the financial health of the business.
The monitoring of Pix from IRS aims to combat informality, but it can pose significant challenges for small businesses. Formalization is essential, but without proper support, these businesses run the risk of losing competitiveness in the market.
Do you believe this policy will promote a fairer business environment or could harm small entrepreneurs?
During the election campaign, the current president promised bankers that he would end PIX. He is fulfilling this promise in a veiled way. This way, he will not be able to be accused of having ended the application. It's that simple.
The left does not want the people to be independent from the government. We do not have technology developed in large manufacturing companies, and with the bankruptcy of small traders and small businesses, they are all in the hands of the government, depending on aid.
The left has always wanted to level the majority of society to the ground, it thinks it can support the common people and the privileges of certain groups with oil and agribusiness. It won't work because our politicians are corrupt.
If the opposition knows how to work, it can be certain of winning the next presidential election.