Peruvian older adults have the possibility of access the exoneration of the property taxa fiscal benefit designed to provide them with an economic relief. To be eligible, they must meet certain requirements that guarantee that exoneration is granted only to those who really need it.
The property tax is an annual obligation that all owners of real estate in the country must comply with. However, current regulations allow a specific group of the population, older adults, to receive this benefit, which helps improve their financial situation and maintain their quality of life.
Adults over 60 access to exoneration of the property tax: What are the requirements?
So that older people can benefit from Exoneration of the property taxit is necessary to have turned 60 years. From this age, older adults have the possibility of requesting exoneration, which allows them to relieve their tax burden. According to tax lawyer Miguel Carrillo, there are several requirements that must be met to access this benefit. One of the most important aspects is that the value of the property of the property should not exceed 50 UIT, which is equivalent to S/267,500.
If the value of the property is lower than this figure, the elderly will be exempt from paying the tax. In addition, the monthly revenue of the applicant must not exceed 1 UIT, that is, S/5,350 (updated to the present year 2025). It is essential that the applicant owns a single property, which must be registered in his name or to the conjugal company.
Exoneration of property tax 2025: How to request it?
To start the process of Exoneration of the property tax, Older people must go to the municipality of their district. There, they will be asked to submit a series of documents, including the National Identity Document (DNI) of the holder or the legal representative of the property, as well as the last payment ticket or any other document that proves personal income or conjugal company.
Each municipality has a application form, which must be requested by the owner. It is essential that the applicant demonstrates the property of the property to carry out the procedure properly. If you have doubts about the process, you can approach the offices of your district to receive specific and detailed information. Remember to avoid making other types of payments that are not related to this process.
What is the property tax in Peru?
He Property tax It is a fiscal obligation that falls on the owners of real estate in the Peruvian territory. This municipal tax, aims to finance local public services and the maintenance of urban and rural infrastructure.
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Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
