Earning points in loyalty programs, that is, miles, especially when using a credit card, is already routine for many Brazilians, who use this method to exchange benefits such as airline tickets. What many don't know is that the purchase and sale of miles must also be included in the income tax declaration.

So, if you bought and sold points in 2021, read this article until the end. Well, let's explain everything about income tax when operating with miles. Therefore, you will be ready to make your statement and settle accounts with Leo.

How the tax declaration works

The rate will be charged on the positive difference between the purchase and sale value of the miles if the sale value is greater than R$ 35,000. If the sale does not exceed this limit, the person is exempt from paying income tax.

Payment of tax on profit from the sale of miles is processed through DARF and recorded in the GCAP revenue system, also of the Federal Revenue Service. The information registered in GCAP generates a txt file that needs to be saved by the taxpayer and exported to the IR declaration.

Tip: How to organize yourself with mileage income

Many people only worry about income tax during the reporting period. Because of this, they end up having more problems with the document, which is not cool, as they need to gather evidence to fill out the IR. So, to avoid this headache, keep everything related to your mileage operation.

Receipt for purchase, transfer, reactivation, sale, or even miles accumulated on your credit card and so on. A good idea is to take a screenshot of all transactions. Make a habit of keeping these documents in a folder throughout the year. This way, you won't have any problems filling out the declaration.

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http://cenarioaberto.com.br/design-de-interiores-veja-dicas-sobre-a-profissao/
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