Yesterday, the Government made official the new value of the Tax Tax Unit (UIT) for 2024: S/5,150, according to supreme decree No. 309-2023-EF. In this way, it increases by S/200, since during the current year it stood at S/4,950.
The ITU, which is used as a reference to calculate taxes, fines, determine accounting obligations, among others, It is updated every year taking into account a series of macroeconomic elementsmainly the variation of the Consumer Price Index (CPI) of the year, so it is normal that it has an upward trend.
Labor implications
Among the main labor effects is that the range of Income Tax (IR) exemption will be expanded, which will mean savings for workers, according to the Lima Chamber of Commerce (CCL).
In detail, it is stated that dependent workers, from whom the Fifth Category IR is withheld, during 2024 will not pay this tax, as long as their annual income does not exceed 7 UIT, that is, S/36,050 per year (without considering the 3 additional ITU for admitted expenses).
While the independents, which broadcast receipts for feesthey will not pay income tax if their annual income does not exceed S/45,063, taking into account that this category of income has a deduction of 7 UIT and, in addition, 20% of the gross income.
Following the labor line, the former Minister of Labor and Employment Promotion Martín Ruggiero specified that the maximum fines imposed by Sunafil on companies with more than 1,000 workers are increased as follows: S/79,928 for minor infractions; S/134,518 for serious infractions and S/271,529 for very serious ones.
Adjustment in companies
Regarding the impact on companies, Pacific Business School professor Jorge Carrillo Acosta explains that the sales limit to be considered a microenterprise is 150 UIT, which is why this value rises from S/742,500 to S/772,500 by 2024. .
Regarding small businesses, the maximum income limit is 1,700 UIT, increasing to S/8 million 755,000. For those who are in the Mype Tributario regime they will save about S/585 of annual taxes, since the TR rate they pay is 10% for the first 15 UITs and 29.5% above this amount.
How does it affect the family economy?
The payment of property tax and alcabala tax will also be lower, since the unaffected section increases to S/51,500 (10 UIT), according to the CCL.
In addition, a greater subsidy will be obtained for the Mivivienda Credit (Good Payer Bonus) and the cost of judicial processes and other procedures before the State will increase, according to Carrillo.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
