Peru

Individual - Tax administration

Last reviewed - 17 July 2020

Tax returns

Income tax returns must be generally filed between the last week of March and the first week of April, according to the last number of each taxpayer ID. Late filing is subject to fines; late payment is subject to moratorium interest; lack of payment is subject to a mandatory collection procedure.

Payment of tax

Income tax on remuneration must be withheld by the employer. It must be paid on account on a monthly basis. If only employment income is obtained, individuals are not required to file a tax return.