doWhen will profits be made?? Many workers ask themselves the question in the hope that their company will deposit them as of this month of March 2022. Do you know how it is calculated and which companies are required to account for profits?
MORE INFORMATION: What is the minimum and maximum amount that I can be paid for utilities this year?
It should be explained that profits are a percentage of net income (earnings after discounting investments and taxes) obtained by companies as a result of their management.
This benefit, explains the Ministry of Labor, corresponds to workers, on the payroll, of companies that generate third category income and have more than 20 workers; with the exception of individual companies, micro-enterprises, self-management companies, cooperatives, communal companies, and civil societies.
WHEN WILL THE PROFITS BE PAID THIS 2022?
The profits must be paid within a maximum period of 30 calendar days after the company submits its annual income tax return, according to the schedule established by Sunat.
This year the first expiration for the presentation of said declaration will be March 25, therefore, from March 26 the distribution will begin. The employer will provide you with a settlement sheet with information showing how the result you were paid for was arrived at. If a company fails to pay you within the specified period, you can report it to Sunafil.
WHAT COMPANIES ARE OBLIGATED TO PAY UTILITIES?
The companies that are obliged to give profits are those that generate third category income and that have more than 20 workers. Microenterprises accredited in the National Registry of Micro and Small Enterprises, it should be noted, are not required to share profits.
HOW IS THE DISTRIBUTION OF PROFITS BY SECTOR?
The distribution of profits depends on the industry to which the company where you work belongs. That is the percentage of their profits that they must distribute:
- Fishing companies: 10%
- Telecommunications companies: 10%
- Industrial companies: 10%
- Mining companies: 8%
- Commerce and restaurants: 8%
- Other activities: 5%
HOW IS THE DISTRIBUTION OF PROFITS PER WORKER CALCULATED?
What is distributed is a percentage that will depend on the activity. Hence, the determination of the amount to be distributed is carried out as follows:
- 50% depending on the days worked. Example: if it is determined that the working day generates 3 soles and you worked 180 days; it is multiplied and this part of your profits is equivalent to S/540.
- 50% based on the remuneration received by the worker: the amount of money to be distributed is divided by the sum of the salary of all the workers, this result is multiplied by everything you have earned in the year. Example: if the division is 0.02 cents and you have earned 27 thousand soles, they are multiplied and this part of your profits is also equal to 540 soles.
Both calculations are added and, according to the examples indicated, the total profit result is S/1,080.
