Brazil has announced an updated rate of minimum wage, starting in January 2023.
According to the DOU (Official Gazette of the Union) of 10 January, the monthly minimum wage is now BRL1,302.00.
This new rate was agreed based on a real increase of 1.5% and 5.81% inflation growth.
This change has a direct impact on the rate of Social Security due from employees, as seen in the table below:
| Monthly salary | Social security contribution – Progressive rate |
|---|---|
| Up to BRL1,302.00 | 7.5% |
| From BRL 1,302.01 to BRL 2,571.29 | 9% |
| From BRL 2,571.30 to BRL 3,856.94 | 12% |
| From BRL 3,856.95 to BRL 7,505.49 | 14% |
Full details of the increase, including other points that will influence benefits paid to and by Social Security, can be found here:
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All information contained in this publication is up to date on 2023. This content has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice.No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this content, and, to the extent permitted by law, AUXADI does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.