If he Congress approves the initiative, it would come into effect as of January 1, 2025.

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Changes

Currently, Peru has a tax scheme made up of four main regimes that businesses can benefit from according to their size: the RG, the RMT, the RER and the RUS. The RUS has a limit of S/96 thousand; the RER, of S/525 thousand; and the RMT, of S/8’740,000. Those that exceed the last figure are taxed through the RG.

After the elimination of the RER and the RMT, the next significant change in the bill is in the modification of the limit to access the RUS. This would stop being S/96 thousand and would have the value of 19 UIT. If the value of the ITU in 2024 (S/5,150) is considered, the maximum limit would be S/97,850 and would change over the years along with the ITU.

Thus, all companies that enter or have acquisitions for a lower value would be taxed through the RUS, which would maintain their payment installments at S/20 and S/50 per month. The initiative also includes an incentive for companies that apply for the RUS for the first time: they will not pay taxes during the first six months.

Currently the RER has a rate of 1.5% for commercial or industrial activities and 2.5% for service activities. Meanwhile, the RMT has a rate of 18%.

It should be noted that the Executive’s proposal prohibits companies within the RUS from issuing or delivering payment vouchers.that allow the right to the tax credit to be exercised or be used to support expenses and/or costs for tax purposes”.

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Meanwhile, businesses that exceed the limit of 19 UIT would go to the RG, which establishes an Income Tax rate of 29.5%.

The measure also provides an incentive to the latter: taxpayers who switch to the RG, but who do not exceed 150 UIT of annual income (S/772,500, with the 2024 UIT) will be able to apply a deduction for each worker they hire.

The RG taxpayer who hires workers, for the purposes of determining the income tax for taxable years 2025, 2026 and 2027, applies an additional deduction equivalent to 20% of the basic remuneration paid to said workers as long as the employment relationship starts on January 1, 2025, regardless of your work day and contractual modality”says the document. The remuneration should not exceed S/1,700 per month.

Reactions

According to consulted specialists, the reduction of tax regimes It was necessary to eliminate disincentives to business growth. In addition, they welcomed the incentives for the transition between regimes.

The benefits are very positive. What exists in microenterprises is the question of why they should be formalized. Here the State supports you for a small stage in which you entered the formal world, for a period of time. At the end of the day one would have the benefits of being formal while adapting”said Víctor Valdéz, partner of the Rebaza, Alcázar & De Las Casas studio.

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Despite this, he questioned the prohibition that businesses that pay taxes through the RUS cannot issue payment receipts that can be used to finance their activities.

Today, companies that are on the RER issue invoices. If you eliminate proof of payment, the supplier cannot finance itself through factoring when that is a mechanism that should be promoted. On the other hand, the person who sells the good does not benefit either, since today the tax expenses can be deducted by presenting the electronic receipt.”he explained.

For his part, Klever Espinoza, partner of the KERZ study, warned that simplifying the tax regimes It is not synonymous with increasing the tax base.

Not to pay taxes In the first six months it does not mean that one is going to formalize. The taxpayer expects the State to use taxes well. If it is contributed and the resources are not reflected in security, legal certainty, clear rules for doing business, then there would be no reason for formalization.”, he indicated.

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For the same reason, Alexa Adriazola, main associate of the PPU study, highlighted that it is necessary for the State, through the Sunat accompany taxpayers of companies that barely pass the 19 UIT threshold. If good communication does not occur, companies may not understand the new requirements that come with belonging to the RG, which could discourage payment of fees. taxes and even formalization for smaller companies.

Entering the RG will be problematic because it has many more complexities. I would be concerned that any RMT or RER taxpayer who is used to the way they pay taxes say that it is very complex for them to jump to the RG and they lose the incentive (of paying taxes). There Sunat You have to provide support, tell them clearly what the new rules of the game are.”, he commented.

In this sense, he urged the State to be clear in its regulations what the transition will be like and what deadlines companies will have to move from the RER or the RMT to the new regimes.

Data

  • According to the explanatory memorandum of the bill, until December 2020 there were 11,468,472 taxpayers with RUC. Of these, 11,453,173 were medium and small taxpayers.
  • 1,425,633 taxpayers belonged to RUS; 965,521 to the RMT; 555,713 to the RER; and 210,946 to the RG.
  • More than 9 million were taxed as independent workers.



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