If you are an independent worker (fourth category) or on a payroll (fifth category), and you have correctly declared your personal expenses to the National Superintendence of Customs and Tax Administration (Sunat), You can access a partial or total refund of Income Tax (IR).
Since 2017, as a result of the annual determination of this tax, workers can collect this balance in their favor. In this note, we leave you the details that you must take into account to benefit from this return in 2024.
What is the maximum refund that corresponds to me?
This 2024, due to the increase in the value of the UIT, the maximum refund amount is S/15,450. However, that does not mean that this is the money that Sunat will return to you, since this maximum amount is for those who have a minimum annual income of S/283,245 (S/20,232 per month on the payroll, approximately). For this reason, so that you can calculate the total of this reimbursement, we leave you the list of the percentage of expenses that the institution considers:
- 30% of the cost of formal housing rental.
- 30% of receipts for fees from independent doctors and dentists.
- 30% of any other fee receipt
- 100% of the payment to EsSalud for domestic workers.
- 15% of consumption in restaurants, hotels, bars, canteens and similar.
“For example: Manuel is an electrician, he works for a company, and he is on the payroll. His annual income is S/40,000, he has deductible expenses of S/2,000, his calculated income tax for the year 2023 is S/ /632, they withheld S/792, so the balance in your favor to be returned is S/160,” Sunat explains on its website.
Tax refund 2024: how do I know if it applies to me?
All citizens who have declared their expenses before the Sunat They have their account on the state platform. Within this page you will be able to know if the return corresponds to you.
According to the entity, the official refund is deposited through credit into account, Therefore, the taxpayer must have their Interbank Account Code (ICC) registered in the Sunat system.
Finally, Walther Belaunde, specialist in tax law, recommended that fifth and fourth category workers request the electronic receipt with DNI, “because in this way the Sunat will count the expenses automatically, and one does not have to do it manually.”
How many types of returns are there?
According to the Government portal, Sunat considers two types of returns:
- Part return: You can request it immediately after submitting your Annual Declaration, using virtual form No. 1649, and you can choose one of the 3 forms of refund: deposit into a bank account, payment order or check (amounts to be returned greater than 10 UIT).
- Return of office: This is when Sunat automatically determines (considering additional expenses) that you have a favorable balance and will make the deposit directly into the savings account you have registered, without you making any request. This type of refund applies from 2017 onwards. If you do not agree with the result or believe you are entitled to a larger refund amount, you can file your tax return and file a request.
Source: Larepublica
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