e-Social: changes in the system allow companies to register the Payment of Profit Sharing to officers
Since its implementation, many companies have struggled to include some information in the e-Social system. One example is the payment of Profit Sharing (PLR) to officers, which register was not possible in the system. To allow the register in e-Social, companies used to include the payment of Profit Sharing under another title, such as fees or any title not subjected to taxes, such as awards. This practice resulted in inspections by the labor and tax authorities, as well as risks for entering incorrect information in e-Social system. With this update in the system, companies will now be able to appoint the payment of PLR also to offices that are not employees of the companies, reducing risks arisen thereof.
Our labor and tax areas have been monitoring the legislation updates and are available to assist you in anything you may need.