Sunat: national collection fell 26.8% year-on-year in April 2023

The national collection of April 2023 reached S/16,532 milliondiscounting the tax refund, which represented a decrease of 26.8% year-on-year, according to the National Superintendence of Customs and Tax Administration (Sunat).

This result is due to different factors such as “the performance of economic activity, with GDP growth in March that would have been zero and domestic demand that would have decreased by 2.7%. Added to this is the 24% reduction that imports would have registered in April,” says Sunat.

Added to this is the postponement of the maturities of obligations for the March 2023 tax period, within the framework of RS No. 059-2019-SUNAT and the Supreme Decrees issued in the first months of the year and which declared a state of emergency in various localities of the country due to the intense rains and mudslides.

The effects of the application of the reduced IGV rate to 8% for restaurants are also being counted. and MYPES hotels, approved by Law No. 31556, and which has been in force in our country since September 2022.

IGV and IR performance

In April, S/ 9,694 million were collected for Income Tax (IR)a figure that registers a contraction of 34.0% with respect to what was obtained in the same month of 2022. This result mainly reflects the lower Regularization payments, second, fourth and fifth categories, Non-residents and the Special Income Regime, which fell 46.8%, 141.3%, 4.2%, 10.3%, 15.5% and 12.0% respectively. In contrast, there were increases in payments associated with income from first category, which increased by 1.3%.

While the collection of General Sales Tax (IGV) reached S/6,276 million, an amount that represented a lower collection of S/698 million and a 16.6% decrease compared to the same month in 2022.

Internal IGV decreased by 7.5% and collected S/3,756 million due to lower internal demand, the lower gas prices, the postponements of obligations, and the reduced rate granted to Restaurants and Hotels in application of Law No. 31556. For its part, the External VAT reached S/2,520 million (-27.4%) due to the contraction of imports.