Deduction of taxes: 4th and 5th Category

As of February 19, 2019, all workers who belong to the 4th category (those who issue receipts of fees) and also to the 5th category (payroll) will have the chance of requesting before the SUNAT their tax refunds, if applicable.

Likewise, it will be possible to deduct from the Income Tax for 2017 a maximum of up to 3 UIT = S/ 12,450, which is the value corresponding to that year.

To obtain a greater deduction, in a group consumption a person could offer to collect the payment of all and be responsible for making the final payment to the restaurant, bar or hotel, as the case may be.

The first step will be to present the Sworn Statement of Natural Persons No. 705 in the "Platform for deduction of expenses of natural persons". After that, the worker must guarantee his expenses, which have been grouped into 5 categories:

1. Property rental, up to 30% of the rent payment will be deducted
2. Interest on a mortgage loan for the purchase of a first home
3. Professional doctor and dentist fees, up to 30% of the payment for their services
4. Contributions to Essalud for hiring a domestic worker
5. Payment of services and trades via receipt of professional fees, up to 30% deduction: Lawyer, System and Computer Analyst, Architect, Nurse, Sports Trainer, Photographer and camera operators, film and TV, Engineer, Interpreter and translator, Nutritionist, Obstetrician, Psychologist, Medical Technologists and Veterinarian.

The deduction request must always be accompanied by a backup support which can be an electronic receipt (electronic sales receipt, POS receipt, electronic receipt) or an electronic credit note and / or an electronic debit note. Only in the case of areas that lack internet, will the physical ticket be accepted.

For more information or professional assistance in the subject you can write us at the following emails: omago@omcabogados.com and marketing@omcabogados.com.pe