Taxpayers Must Comply with the New SUNAT Provisions for the Annual Return
The SUNAT (Superintendencia Nacional de Aduanas y Administración Tributaria – National Superintendency of Customs and Tax Administration) has established the schedule and guidelines for filing the Annual Income Tax Affidavit for the 2024 tax year. Taxpayers must be aware of who is subject to filing, the deadlines, and the proper procedures to avoid penalties and ensure tax compliance.
Who Must File?
According to the SUNAT, the Annual Income Tax Return 2024 must be filed by taxpayers in the following situations:
- Individuals and legal entities who have received business income included in the General Regime or in the SME Tax Regime, especially if their annual net income exceeds 1,700 UIT (Unidad Impositiva Tributaria – Applicable Tax Units) during 2024.
- Those who started operations in 2024.
- Taxpayers who, although they do not exceed the aforementioned income threshold, are outside the scope of Law No. 31,940, which exempts certain individuals without businesses and small and medium enterprises (SMEs) from this obligation.
Taxpayers must assess their particular situation to determine whether to file a tax return.
Tax Return Reporting Process
To comply with this tax obligation, taxpayers must follow these steps:
- Access Virtual Form 710 on the SUNAT portal (simplified or complete, as needed).
- Review the customized file: The SUNAT provides a file with reference information on the credit balance, payments on account, Income Tax withholdings, and the effective Temporary Tax on Net Assets paid not applied as a credit. This file has been available since February 17 and must be verified and, if necessary, modified by the taxpayer.
- Complete and file the return: It is essential to enter all the data correctly, including information on the shareholders in section “100 Main partners, associates, and others” of Virtual Form 710.
- Make the corresponding payment: The tax determined can be paid through various means, including the Yape application, thus facilitating compliance with the obligation.
Deadline Schedule
The filing deadline is determined by the last digit of the RUC (Registro Único del Contribuyente – Unique Taxpayer Registry). Taxpayers should consult the official SUNAT schedule to find out their specific deadline and avoid incurring fines for late filing. Official schedule for individuals and small and medium enterprises (SMEs) under the general income tax regime and the SME tax regime:
| LAST DIGIT OF RUC AND OTHERS | DUE DATE |
|---|---|
| 0 | May 26, 2025 |
| 1 | May 27, 2025 |
| 2 | May 28, 2025 |
| 3 | May 29, 2025 |
| 4 | May 30, 2025 |
| 5 | June 2, 2025 |
| 6 | June 3, 2025 |
| 7 | June 4, 2025 |
| 8 | June 5, 2025 |
| 9 | June 6, 2025 |
| Good taxpayers and those not required to register in the RUC – June 9, 2025 | |
Schedule for All Other Taxpayers:
| LAST DIGIT OF RUC AND OTHERS | DUE DATE |
|---|---|
| 0 | March 26, 2025 |
| 1 | March 27, 2025 |
| 2 | March 28, 2025 |
| 3 | March 31, 2025 |
| 4 | April 1, 2025 |
| 5 | April 2, 2025 |
| 6 | April 3, 2025 |
| 7 | April 4, 2025 |
| 8 | April 7, 2025 |
| 9 | April 8, 2025 |
| Good taxpayers and those not required to register in the RUC – April 9, 2025 | |
Non-compliance Consequences
Failure to file the return within the established deadlines or to do so incorrectly can result in significant penalties, including fines of up to 100% of a UIT. Conversely, there is a 90% reduction in the fine if the infringement is voluntarily remedied before any notification from the SUNAT.
Conclusion
The timely and correct filing of the Annual Income Tax Return is a key responsibility for taxpayers in Peru. Keeping informed about the obligations, procedures, and deadlines established by the SUNAT is essential for a regular tax situation, thus avoiding penalties.
Source: SUNAT