Independent workers with income of up to S/3,755 will not pay income tax

Independent workers (with fourth category income) Those who issue receipts for electronic fees and have monthly income that does not exceed S/3,755 will not be required to make payments on account of income tax (IR).in accordance with the provisions of the National Superintendence of Customs and Tax Administration (Sunat).

Through Superintendency Resolution No. 000270-2023/SUNAT, the new amounts were established, considering the increase in the tax unit (UIT), which went from S/4,950 in 2023 to S/5,150 for the year 2024.

The rule also indicates that those who project that their income during the year 2024 from fourth category income or from fourth and fifth category income does not exceed S/45,063 They may request the suspension of withholdings and/or payments on account of income tax.

Also included are professionals who have the functions of company directors, trustees, agents, business managers, executors or similar and receive income for said functions and also others of the fourth and/or fifth Category; and that the total amount received in the month does not exceed S/3,004. Besides, They may request the suspension when the income they project for the year does not exceed S/36,050.

Additionally, if during the year 2024 the aforementioned amounts are exceeded, as the case may be, the taxpayer must declare and make the payment on account of the corresponding income tax, for all of the fourth category income income obtained. in a certain month.

How to request the suspension of fourth category withholdings

The process to request the suspension of fourth category withholdings is virtual and consists of three steps:

• Enter Sunat Operations Online with your SOL Code and select the ‘my procedures and queries’ option, available on the portal www.sunat.gob.pe.
• Locate the ‘other declarations and requests’ section, ‘I request suspension of 4th category withholdings’ (virtual form 1609).
• Enter the date on which the first income for fourth category income was received and the total amount projected for the entire year (Only fourth category income as an independent professional or fourth and fifth category income must be recorded if you are also on the payroll).

The system will verify the information presented and will proceed to authorize the suspension of withholdings and/or payments on account, if applicable, issuing the respective certificate that can be sent to the desired email address.

The suspension takes effect from the day following the date of the procedure and is valid until December 31, 2024.