Which workers are free from Income Tax in 2024?

As of March 26 of this year, natural persons must submit the 2023 Annual Income Tax Affidavit, according to the expiration schedule of the National Superintendence of Tax Administration (Sunat). However, there is a group of citizens who are not obliged to do so.

With the new value of the Tax Tax Unit (UIT) that was raised from S/4,950 to S/5,150, there are taxpayers exempt from paying Income Tax and in the following note, we will tell you who they are. In addition, we show you the steps to request the suspension of fourth category retention. Write down all the details!

Which workers are not required to pay Income Tax?

Independent workers (with fourth category income) who issue receipts for fees and earn less than S/3,755 are not required to make payments on account of Income Tax, as reported by Sunat through Superintendency Resolution No. 000270-2023/SUNAT. This tax update arises as a result of the 4.04% increase in the value of the UIT, which is now equivalent to S/5,150.

Likewise, the rule specifies that those people who project that their income during 2024 from Fourth Category Income or from Fourth and Fifth Category Income do not exceed S/45,063may request the suspension of withholdings or payments on account of Income Tax.

Likewise, professionals who perform tasks such as company directors, trustees, agents, business managers, executors or other similar functions, and who obtain income from said activities, as well as from other categories of Fourth and/or Fifth Category income, are included. , as long as the total received in the month does not exceed S/3,004.

Also, they will have the option to request suspension if their projected income for the year does not exceed S/36,050. Finally, in the event that during 2024 the amounts mentioned above are exceeded, the taxpayer must file the declaration and make the payment, on account of the corresponding IR, for the entire Fourth Category Income income obtained in a specific month. .

Fourth category retention suspension: how to request it?

• Go to the Sunat website and click on the “Sunat Online Operations with your SOL code” section. Once you have entered with your data (RUC, username and password), select the “My procedures and queries” option.
• Next, locate the “Other declarations and requests” section, and select “I request suspension of 4th Category Withholdings” (Virtual Form 1609).
• In this form, you must enter the date on which you received your first income from Fourth Category Income and the total amount projected for the entire year. Remember that you only have to record Fourth Category income if you are an independent professional, or Fourth and Fifth Category income if you are also on the payroll.
• The system will verify all the information you provided, and if necessary, will authorize the suspension of withholdings or payments on account. In addition, it will issue a corresponding certificate that you can send to the email you choose. Keep in mind that the suspension will take effect from the day after the procedure and will be validated until December 31 of this year.

Who are workers with fourth category incomes?

Fourth category income corresponds to services provided without a dependency relationship. That is, if a person exercises his profession or trade independently or works for the State under the CAS modality, the income he receives is called fourth category income for income tax purposes.

Likewise, the income received by company directors, representatives, business managers, executors, municipal councilors, regional councilors and the like is considered fourth category income.