GES NewsFlash

Peru–Reform of the Peruvian tax system: Principal measures

8 January 2015


Included here are some brief highlights on the most significant new features of Law 30296, in force since January 1, 2015.

Peruvian residents income tax

Reduction of the income tax rate applicable to Peruvian tax residents since January 1, 2015, the law establishes the modification of the tax rates applying to the work incomes of Peruvian residents.

Taxes on annual work incomes

System until 31.12.2014

System from 01.01.2015

Until 27 UIT (*)


Until 5 UIT


For the excess of 27 UIT to 54 UIT


Over 5 UIT to 20 UIT


Over 54 UIT


Over 20 UIT to 35 UIT




Over 35 UIT to 45 UIT




Over 45 UIT


(*) Unidad Impositiva Tributaria – UIT (Unit Tax Reference)
Since January 1, 2015, the new value of the UIT is PEN 3,850 (USD 1,280). In the year 2014, it was PEN 3,800 (USD 1,260). This tax reference changes every year.

(*) Nonresidents income tax
The income tax rate applying to nonresidents is the same 30%.

Deloitte's View

As a general view, these tax changes pursue a reduction of the tax burden for those individuals with fewer incomes.

With regard to international mobile population, there are important changes affecting the Peruvian Tax Regime applicable to tax resident individuals. Therefore, these amendments, can be a point of tax planning opportunities in Peru as differences in the tax burden can be very significant.


If you have any questions concerning the issues in this GES NewsFlash, please contact a GES professional at our Deloitte offices as follows:

Rogelio Gutierrez
+51 (1) 211 8531

Amanda Julca
+51 (1) 211 8585 Ext. 5035

Vivian Galvez
+51 (1) 211 8585 Ext. 5171

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