S/17,620 million were collected in April, but the drop in the first four months reached -6.3%

The collection in April 2024 amounted to S/17,620 million, 4% more than in the same month of the previous year, compared to the S/16,543 registered in the same month of the previous year, reported the National Superintendency of Customs and Tax Administration ( Sunat).

According to the collecting entity, this positive growth is the result of the evolution of economic activity in March, a month linked to the majority of internal tax obligations that are paid during the month of April, especially at the VAT level.

Likewise, the increase in imports (11.5%) had a positive influence, which constitute the tax base for customs taxes.

Furthermore, Sunat explains, this result was mainly associated with the S/746 million collected from Telefónica del Perú, after the resolution in favor of the State of a tax controversy that was the subject of litigation for nearly 20 years.

But the impact of some payments made on the last business day of March and which were credited as collection for the month of April must also be considered. That is, taxpayers who advanced payments for the following month, due to a lower number of business days in March due to Easter.

Finally, Sunat also points out “extraordinary income” obtained by actions of the administration itself, which totaled almost S/1,000 million compared to the S/600 million received in April 2023.

Sunat: collection in 2024 is still negative

However, the balance is still negative. The accumulated collection between January and March 2024 is S/54,973 million, -6.3% less than in the first four months of 2023 – a year that, in itself, was bad in fiscal matters -, when S/57,040 million.

Although the collection of Income Tax (IR) was 4.2% higher than that of April 2023, in the accumulated value of the first four months it recorded a decline of -9.1%. S/ 10,348 million were collected for this concept.

In the case of the VAT, the growth of 13.5% in April allowed us to almost equal the records accumulated in the first four months of the year, compared to the same period in 2024. The drop for this period is just -0.1%. While S/4,080 million were collected internally, Sunat reached S/3,190 million with the VAT that is levied on imports.

Regarding the Selective Consumption Tax (ISC), the growth of 2.9% in the fourth month of 2024 did not prevent the January-April photograph from a decline of -4.6% compared to 2023. In this case, although they increased By 31% of imports taxed with this tax, the sale of beer in our country fell.

What did advance were tax refunds, which reached 32% in April compared to the same month of the previous year, with an accumulated growth in the first four months of 8.8%.