Bolsonaro will sanction the exemption of the wage bill of the 17 sectors this Friday

Civil construction is one of the 17 sectors benefiting from the extension of the exemption from social charges | Photo: Antônio Cruz / Agência Brasil

President Jair Bolsonaro has confirmed that he will sanction this Friday (31) the law which extends until 2023 the exemption of the payroll of the 17 sectors of the economy that generate the most jobs in the country. The payroll exemption – which allows companies to replace a 20% pension plan contribution on employee salaries at a rate between 1% and 4.5% on gross income – would end at the end this year, but there was heavy pressure from businessmen, and Congress extended the policy until the end of 2023.

In a broadcast on social networks this Thursday evening (30), the president indicated that the delay in promulgating the law, approved in the Senate on December 9, is due to the need to present tax compensation for the measure. “Tomorrow the wage exemption will be sanctioned. The delay is due to the fact that we have to present alternative sources to recover what we will not receive from 17 sectors (…). I had a meeting with several sectors last month, it was announced and we are sanctioning, ”said Bolsonaro.

The sectors benefiting from the tax exemption are: footwear, the call center, communication, clothing / clothing, civil engineering, construction companies and infrastructure works, leather, vehicle and bodywork manufacturing, machinery and equipment, animal proteins, textiles, information technologies (IT), communication technologies (ICT), integrated circuit design, metro-rail passenger transport, collective road transport and road freight transport . The estimate, according to employers’ calculations, is that these sectors employ six million people.

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