Between February and March of each year, private companies usually carry out the distribution of profits among their workers. Therefore, it is important to review some aspects of this benefit.
As explained by Jorge Carrillo Acosta, professor at Pacífico Business School, private sector companies that had more than 20 workers on the payroll and generated tax profits (Third Category income) the previous year, must distribute a percentage of these profits among their employees.
Therefore, public sector institutions, non-profit organizations, private companies that had 20 workers or less the previous year, and private companies with tax losses or that carry losses for years are not required to make this payment. previous. Nor does this distribution correspond to micro-enterprises.
Regarding the workers, he explained that all those who were on the payroll for at least one day the previous year will receive profits. Includes those with temporary and indefinite-term contracts, full-time and part-time, foreigners and Peruvians.
However, interns, people who issue receipts for fees, and informal workers are not considered.
“It is not necessary for the worker to continue working in the company to receive this payment, so former workers who were in the company the previous year will also receive said bonus,” Carrillo stressed.
When are utilities paid?
The maximum term for payment is 30 calendar days after the presentation of the Annual Income Tax Affidavit before Sunat by the company, and the deadline is April 8, 2022.
What happens if utilities are not paid on time? On the one hand, the worker has the right to request payment of interest for the days of delay. On the other hand, the company could receive a fine of up to approximately S/ 94,000.
What percentage of profits should be distributed?
The percentage will depend on the economic activity of the company, and fluctuates between 5% and 10% of the profit obtained before taxes:
• 10% for industrial, fishing and telecommunications companies.
• 8% for mining companies, the commerce sector and restaurants.
• 5% for other companies.
How are these profits distributed?
The specialist recalled that 50% of the total to be distributed is based on the days actually worked by the worker in the company, so it does not depend on salary or position held. While the other 50% will be distributed based on the total remuneration received by the worker during the year.
“Therefore, it must be clear that not all workers receive the same “number of salaries” for utilities (as is often believed), since half of this benefit is distributed without considering remuneration,” he said.
For example, in the same company, an assistant who earns S/ 1,000 per month could receive S/ 5,000 in profits (5 times his salary), while a supervisor who earns S/ 4,000 per month could receive S/ 8,000 in profits (2 times your income).
It should also be considered that the maximum amount of payment of utilities per worker is 18 salaries.
Source: Larepublica
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