Independent workers or those who are on the payroll, with annual income greater than S/34,650 (7 UIT), can deduct from the Income tax the expenses they make during the celebrations for National Holidays, in restaurants, bars and hotels, which will allow them to reduce the payment of this tax or, even, they could obtain a […]
Tag: Income tax
Regulations of the Income Tax Law are modified: now the SOFR reference rate will be used
The Ministry of Economy and Finance (MEF) published, this Thursday, June 29, the Supreme decret No. 137-2023-EF that formalizes the modification of the regulation of the Income Tax (IR) law. In this way, our country will begin to use the SOFR (Secured Overnight Financing Rate) as the predominant preferential rate for purposes of collecting income […]
From July 1, the RUC will be mandatory if you sell through social networks: what happens if Sunat detects that you are not complying?
As of July 1, all seller who offers a good or service through social networks must pay taxes and will be obliged to enter their RUC in all the documentation used in their offers. This is provided by Legislative Decree No. 1524 that modifies the Single Taxpayer Registry Law. In other words, providers have until […]
Sunat: more than 188,000 workers have already received an ex officio refund of the 2022 income tax
The National Superintendence of Customs and Tax Administration (Sunat) reported that, To date, it has already attended more than 188,000 ex officio returns of balance in favor of Income Tax 2022mainly from workers on the payroll, who last year made deductible expenses for consumption in restaurants and hotels, professional services, contributions to EsSalud by domestic […]
Sunat: national collection fell 26.8% year-on-year in April 2023
The national collection of April 2023 reached S/16,532 milliondiscounting the tax refund, which represented a decrease of 26.8% year-on-year, according to the National Superintendence of Customs and Tax Administration (Sunat). This result is due to different factors such as “the performance of economic activity, with GDP growth in March that would have been zero and […]
Income statement 2022: deadline to carry out the procedure expires next Tuesday, April 11
Natural and legal persons have until next Tuesday, April 11, to make the 2022 annual income statement. As of March 31, the date of the last official report, around 810,000 taxpayers have already complied with this tax obligation, according to Sunat. According to the official schedule, the maturities began on March 24 with those that […]
Are you traveling for Easter? Sunat can refund you money for these expenses that you make
There are five days left until the long holiday begins for the celebration of Easter. In this context, the National Superintendence of Customs and Tax Administration (Sunat) reported that the workers independent or in formwho have an annual income of more than 7 UIT (S/ 34,650), may deduct from the Income Tax some bills that […]
Companies have until May 9 to pay the utilities
This month begins the payment of utilities, a benefit that is addressed to all workers as a result of the annual achievements that the companies have obtained. The distribution of profits is made within 30 days after the expiration of the term to present the Annual Sworn Declaration of Income Tax, which goes this year […]
Tax collection in February advanced 2.3% after 3 months of decline
The tax revenue of the Government plant reached S/11,838 million in February 2023, which meant a year-on-year increase of 2.3%. In this way, the collection in the second month of the year showed a positive result, after three months of consecutive falls, since it fell in January (-3.8%), December (-13.5%) and November (-19 ,4%). The […]
Sunat: tax collection reached S/11,838 million and increased 2.3% year-on-year in February
The February 2023 collection reached S/11,838 million of net Central Government tax revenue (discounting tax refunds), which meant an advance of only 2.3% compared to the similar period of 2022, reported the National Superintendence of Customs and Tax Administration (Sunat). The entity explained that the growth of Collection in the second month of the year […]