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Which employees will not pay income tax in 2023?

These workers will not have to pay income tax due to the increase in UTII to 4950 soles. | Fountain: Andean

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In 2023, more workers will not have to pay income tax after the Unit of Taxation (UIT) increase from S$4,600 to S$4,950.

Sunat recently reported that independent workersCategory 4 earners who issue pay stubs are not required to pay income tax if their monthly income does not exceed S/3,609.

In the case of employees, i.e. on the payroll, the monthly gross salary limit has been raised to avoid paying income tax, which in 2022 is SGD 2,300 and will be SGD 2,475 by 2023.

The measure also applies to specialists with the functions of directors of companies, trustees, agents, business managers, executors, etc., who have income from these functions and other functions of the fourth and / or fifth category, provided that their income does not exceed S / 2888 per month.

The same group of workers may request a hold suspension due to Income tax if they predict that this year 2023 will not exceed S/43 313.

Likewise, those who forecast that their income in 2023 from Tier 4 income or from Tier 4 and 5 income will not exceed S/43,313 cannot ask Sunat to withhold withholdings and/or their payments due to rent tax. .

If the expected amount is exceeded, the taxpayer must declare and make a payment on account Income tax which corresponds to the total income of the fourth category received in a given month.

Income tax submission schedule

He schedule The repayment period will begin to expire on March 24 and will last until April 11, depending on the taxpayer’s RUC number:

  • If your RUC ends in 0, the latest announcement date is March 24, 2023.
  • If your RUC ends in 1, the latest announcement date is March 27, 2023.
  • If your RUC ends in 2, the latest announcement date is March 28, 2023.
  • If your RUC ends in 3, the latest announcement date is March 29, 2023.
  • If your RUC ends in 4, the latest announcement date is March 30, 2023.
  • If your RUC ends in 5, the latest announcement date is March 31, 2023.
  • If your RUC ends in 6, the latest announcement date is April 3, 2023.
  • If your RUC ends in 7, the last date to announce is April 4, 2023.
  • If your RUC ends in 8, the latest announcement date is April 5, 2023.
  • If your RUC ends in 9, the latest announcement date is April 10, 2023.

Conscientious taxpayers and entities that are not required to register with the RUC can file a return by April 11, 2023.

Source: RPP

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