Prepare for 2024: pay less income tax and invest more in your future

Contributions made to the Vexty Plan can be deducted on your 2024 Income Tax Return up to a limit of 12% of your annual gross income. The closer your investment is to this percentage, the greater the discount on your tax return. This tax will only be collected when you receive income or make a withdrawal from your investment in the Plan, according to the tax regime you have already chosen.

The calculation is simple! Just determine what 12% of your annual gross income is and subtract the total value of contributions made during the year to your pension plan. The difference is what you need to guarantee the maximum deduction in your income tax.  It’s important to note that to take advantage of this benefit, you must file your return using the complete model.

To support you in this decision, we have prepared a simulator so that you can see how to fully utilize this incentive and evaluate the tax savings you will have in your declaration, access it here.

If you don’t already have the plan, make a simulation and see how you can benefit from the tax incentive by clicking here.

If you wish to increase your current contribution percentage or make a sporadic contribution via payroll, please contact your sponsoring company.

To make sporadic contributions to the Vexty Plan via bank slip, access the restriscted area for participants on the Vexty website (Services Menu > Consultations and Services > Sporadic Contribution).

If you want to learn more about the tax incentive and understand all the eligibility criteria, check it out here or get in touch with us.

Pay less income tax and invest more in your future. Vexty. Absolutely.