Understanding what the divided payment is and how your business should prepare

The taxpayer explains how the new instrument makes the tax authorities “cup” in cash of the company and how organizations should prepare

The divided payment, provided that it will enter into force in 2027 as part of the Brazilian tax reform, is an innovative mechanism that aims to guarantee a more efficient tax collection and reduce tax evasion. This is a system in which, at the time of the commercial transaction, the amount of taxes on the sale is automatically separated and collected directly to the public coffers, without going through the account of the sales company. This means that, after receiving a payment, the company already receives the net amount of the sale, it has discounted the tax due, which is immediately retained by the payment system used, such as pix, cards or billet.

This change represents a significant break in relation to the current model, in which the collection of taxes occurs later, usually on monthly bases, with the taxpayer responsible for calculating and paying taxes after closing the calculation. With the divided payment, the risk of tax default decreases, since the tax is collected at the origin of the operation, making the process more transparent and safe for the tax authorities. Initially, the implementation will be optional and gradual, starting from the transactions between companies (B2B) and subsequently extends to sales to the final consumer (B2C), since the payment means adapting to the new system.

For companies, the most immediate and sensitive impact will be on the cash flow. Since the amount of taxes no longer circulates from the company account, the amount received in each sale will be lower, which requires more rigorous financial planning and a revision of the circulating capital.

This can mean the need to renegotiate the deadlines with suppliers, adapt contracts, review the prices of products and services, as well as invest in financial and accounting management systems that support the new automatic collection model. The margin of the cash forecasting error is reduced, which requires greater precision in financial planning to avoid liquidity problems.

In addition, companies will have to prepare technologically to integrate their systems with the means of payment that will perform automatic tax conservation, ensuring the correct application of the rates and the correct registration of the operations. The adaptation to this new reality also requires the search for legal and specialized accounting consultancy to evaluate the risks and opportunities deriving from the change, in particular for the micro and small companies that could prove the impact on daily financial management more strongly.

The divided payment is a profound transformation in the way consumer taxes will be collected in Brazil, bringing greater efficiency to the tax authorities and asking for early preparation to manage the direct impact on the cash flow and financial management. The anticipation of these adaptations, with the revision of internal processes and the modernization of systems, will be essential to ensure that companies maintain their competitiveness and financial health in this new tax reality.

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Source: Terra

Rose

Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.