The Executive has already published the Law of Modernization of the Peruvian Pension Systemwhich establishes, among other things, the creation of the consumption contribution.
This is a contribution from the expenses made by members, and is calculated annually and is equivalent to 1% of the sum of the sales amounts. According to the norm, the amount cannot exceed 8 UIT per year (today S/41,200).
As with taxes on hotel and restaurant expenses, in this case, in order for the expenses to be considered as a contribution, they must be included in the electronic sales receipts that support the purchase. The names and surnames of the member and their ID number must also appear.
For this purpose, electronic sales receipts whose amount, transfer of use and/or service provided does not exceed S/700 will not be considered. If electronic debit or credit notes have been issued, the adjusted amount for these is considered, even to determine whether or not the amount of S/700 is exceeded.
This contribution is intangible and unseizable, so it cannot be used for any purpose other than pension purposes. It will remain in the account of the member of the system until retirement.
“The contribution for consumption is managed by the Private Pension System, through a special account, which may be subject to the payment of a commission,” reads the regulation. In the case of the Fund Management Companies (EAF), they create the special account for their members.
Take advantage of the NEW EXPERIENCE: receive our enriched digital newspaper by email or WhatsApp!Get to know our plans!
RECOMMENDED VIDEO
