How to calculate 2024 profits?

During first half of all yearsworkers who are on the payroll of companies that generate third-category income and have more than 20 employees—with the exception of individuals, microenterprises, self-managed companies, cooperatives, communities, and civil societies—can collect profits. This is a percentage of the company’s net income after considering investments and taxes.

If you are a worker, find out how you must perform the calculation to be able to obtain this work benefit.

How to calculate 2024 profits?

According to the state portal Gob.pe, to know the profit figure, you must first obtain the amount of money to be distributed among workers; Subsequently, two calculations are carried out, which in the end end up adding:

• A portion of the profits is calculated based on your days worked. The average value generated by a day of employee work to obtain that result is obtained. Example: if it is determined that the work day generates S/3 and you worked 180 days, it is multiplied and this fraction of said benefit is equivalent to S/540.
• The other part considers your income as a worker. The amount of money to be distributed is divided by the sum of the salaries of all employees, this result is multiplied by everything you have earned in the year. Example: if the division is 0.02 cents and you have earned S/27,000, they are multiplied and this part of your profits is also equivalent to S/540.

If we consider the example of the previous case, both amounts would have to be added and the total profit result is S/1,080.

How much is the profit payment by sector?

According to the state portal Gob.pe, this is the payment percentage of profits by sector:

• Fishing companies: 10%
• Telecommunications companies: 10%
• Industrial companies: 10%
• Mining companies: 8%
• Commerce and restaurants: 8%
• Other activities: 5%

Who is responsible for the payment of 2024 profits?

All workers on the payroll of companies that generate third-category income and have more than 20 employees, with the exception of individuals, microenterprises, self-managed companies, cooperatives, communities and civil societies. In addition, former employees who worked in the year that correspond to the profits must also be considered.

What companies do not pay profits to their workers?

There are some types of exceptions by which some companies are not required to pay profits.

• Public sector institutions.
• Microenterprises accredited in the national registry of micro and small businesses.
• Non-profit organizations.
• Cooperatives, communal and civil societies.
• Private companies that in 2023 had 20 or fewer workers.

When do they pay 2024 profits?

Profits are paid within a maximum period of 30 days after the company submits the annual Income Tax return. To do this, the company must provide you with a settlement sheet with information that shows how the amount you were paid was reached. If an organization does not comply with paying you within the specified period, you can report the fact to Sunafil.

This date will be between March 25 and May 13, according to the company’s RUC number.

How many times a year are profits paid?

The payment of this work benefit is granted once every 365 days after the end of the fiscal year. If the worker fulfilled his duties during said period, he will receive a greater amount than those who worked for less time. However, this contribution will be delivered the following year.

What can I do if my employer does not pay my utilities?

Failure to pay utilities is considered a serious violation and can be reported to Sunafil. If the entity in charge corroborates this failure on the part of the employer, a fine ranging from 1.57 UIT (S/8,085.5) to 26.12 UIT (S/134,518) will be imposed, a figure that will be determined according to the number of injured workers.