The INSS also gives the possibility of changing the plan at any time, simply changing the code when filling out the GPS. All payment codes can be consulted directly on the Federal Revenue Portal . What is the INSS value for
Overseas Chinese Data self-employed people in 2024? As a mandatory taxpayer, the self-employed person can choose to pay the INSS according to the parameters of the traditional plan or simplified plan.
As explained above, each plan has a specific rate (20% or 11%) that must be applied to the value of a minimum wage up to the INSS ceiling value. This value is the basis for calculating the tax and can be an amount defined by the taxpayer himself or based on his monthly income, respecting the limits of each plan.