Find out when you can be fined by Sunat and what to do to solve them

National Administration of Customs and Tax Administration (Sunat) he is about 50 fines which can be imposed on the taxpayer for various reasons, for example, for the omission of information or an error in the implementation of my activities, what can I do so that the fine does not become embargo?

“The penalty is basically equivalent to a percentage of UIT (S/0.4600) or also refers to a percentage of income, it can vary from 1 UIT, 20% or 50% of income. This percentage is applied according to the violation,” explains Greta Hidalgo, Head of Accounting at Estudio Fuentes.

Although the amount may be large, especially due to the default interest rate equivalent to 0.033%, not suggesting that it could create another property problem; although payment can be granted after challenging the sanction through a claim resource, which can be resolved within 9 months.

And if I don’t pay, what can Sunat do?

embargo assets, including bank accounts, is the most drastic effect that non-payment of our fines can lead to. “While Sunat cannot directly embargo a taxpayer’s bank accounts, it can notify national financial system companies to withhold or freeze the total amount of debt subject to enforcement,” Hidalgo warned.

This embargo comes after Telematic seizure system inform the taxpayer about the withholding or blocking of funds in the bank account.

Does Sunat provide means of payment?

The answer is yes. Another one of the special situations that apply Sunatthis is for those taxpayers who are in General, MYPE or Special, whose income do not exceed 150 UIT in the last year of filing after the deadline, they can benefit from gradualness, which ranges from 100% to 90% depending on the case, either through voluntary or involuntary correction.

The taxpayer may request an installment plan to pay the fine in installments. In addition, SUNAT has established benefits such as reducing the fine to 100% only if the taxpayer voluntarily eliminates the violation before notifying the inspection body.

It is important that taxpayers know their obligations to the Treasury, such as the monthly taxes they are required to report under the tax regime they are in, as well as which ledgers they are required to keep. And also where to file taxes and when to do it.

“Taxpayers need to be mindful of the filing and payment schedule to avoid future unforeseen circumstances,” Hidalgo concluded.