The National Superintendence of Customs and Tax Administration (SUNAT), entity in charge of tax collection in Peru, has defined the new maximum amounts of annual income that will determine who must pay Income Tax In 2025. This adjustment responds to the increase in the Tax Tax Unit (UIT), which went from S/5,150 in 2024 to S/5,350 in 2025.
The modifications in the exoneration limits They benefit workers with lower income, since those who remain below these amounts will not be obliged to pay the income tax. However, those who exceed the established values must declare and pay the tax corresponding to the Sunat.
How much should I win to be exonerated from the Income Tax?
According to the new regulations, in 2025, the taxpayers with fourth and/or fifth category income They may be exonerated from income tax if their projected annual income does not exceed S/46,813.
For some professionals who work under the fourth category modality, as business directors, trustees, business managers and albaceas, the exemption limit is different. In these cases, monthly income must not exceed S/3,121 and the annual projection must not exceed S/37.450. On the other hand, if a taxpayer exceeds these amounts during the year, he will be obliged to declare and pay the income tax since the month in which the excess occurred.
How to suspend retention of fourth category income in 2025?
The independent workers that they receive fourth category income can request the suspension of withholdings before the Sunatprovided that they meet the established income requirements. The procedure is carried out virtually following these steps:
- Enter the official Sunat portal (in this link) with the Sun key.
- Select the option “My procedures and consultations” and go to the Tax Applications Section.
- Complete the Virtual form 1609entering the date of the first income received in the year and the projected annual amount of the income.
- Waiting for the validation of the system, which will verify if the taxpayer meets the requirements.
- If the application is approved, the SUNAT will issue a proof of suspension of retentions, valid until December 31, 2025.
This procedure allows independent workers not to suffer automatic discounts on their payments, provided they are maintained within the established income limit.
What happens if the amounts established by the SUNAT are overcome?
If a taxpayer exceeds the limits of exoneration during the year, he must declare and Pay income tax for the accumulated total of its fourth category income in the month in which the excess occurs. Payment must be made through the SUNAT Virtual Platformand it is the taxpayer’s responsibility to comply with this tax obligation to avoid sanctions or fines for tax omission.
How to calculate income tax in 2025?
In Peru, the Income Tax is calculated by means of a progressive rate system, which varies according to the taxpayer’s income level. With the increase in the ITU, the sections by 2025 have been adjusted as follows:
- Up to 5 UIT (S/ 26,750): 8% tax.
- From 5 to 20 UIT (S/ 26,750 to S/ 107,000): 14% tax.
- From 20 to 35 UIT (S/ 107,000 to S/ 187.250): 17% tax.
- From 35 to 45 UIT (S/ 187.250 to S/ 240,750): 20% tax.
- More than 45 UIT (S/ 240,750 onwards): 30% tax.
For example: if a worker generates S/50,000 a year, first the 7 UIT exempt (S/37,450). The remaining tax base will be S/12,500, which will be subject to the corresponding rate. If the taxpayer has additional deductions, such as medical expenses or interest for mortgage loans, it could further reduce the tax base and pay less taxes.
What function does Sunat have?
The National Superintendence of Customs and Tax Administration (Sunat) is the body in charge of collection of taxes in Peru. Its main function is to guarantee compliance with the tax obligations of citizens and companies, avoiding tax evasion. Among their responsibilities are:
- Manage the country’s tax and customs system.
- Collect and control internal taxes.
- Supervise foreign trade and apply customs regulations.
- Provide taxpayers taxpayers.
Source: Larepublica
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