Peru (PE)
Peru combines world-class food, ancient Inca heritage, Pacific coastline, Amazon rainforest, Andean cities and one of Latin America's lower cost-of-living profiles.
2026 Annual Changes — Peru
Updated thresholds, benefits, and regulatory changes effective this year.
Peru 2026: UIT raised to S/5,500 (was S/5,350 in 2025) driving all UIT-linked thresholds upward. Minimum wage (RMV) remains S/1,130/month — no 2026 increase as of May 2026. IGV (VAT) 18% unchanged. Key planning items: income tax 7 UIT standard deduction, AFP vs ONP pension election, EsSalud 9%, and UIT-linked administrative fines.
Key Changes for 2026
| Category | 2026 Value | Previous | Effective Date |
|---|---|---|---|
| UIT — Unidad Impositiva Tributaria MEF raised the UIT for 2026 via Decreto Supremo N° 301-2025-EF | S/5,500 | S/5,350 (2025) | 1 January 2026 |
| Minimum Wage (RMV — Remuneración Mínima Vital) RMV unchanged for 2026 as of May 2026; raised to S/1,130 in January 2025 and not further increased | S/1,130/month for full-time work (40 hours/week). Proposals to raise RMV exist (CGTP demands ~S/1,848) but no decree issued as of May 2026. | S/1,025/month (before January 2025) | Continuing in 2026 unless new decree issued — monitor El Peruano |
| Income Tax Brackets — Natural Persons (Renta 4a/5a Categoría) Progressive brackets applied to net income after the 7 UIT standard deduction (S/38,500); brackets defined in UIT — automatically updated with new UIT value | Up to 5 UIT (S/27,500): 8%. 5–20 UIT (S/27,500–S/110,000): 14%. 20–35 UIT (S/110,000–S/192,500): 17%. 35–45 UIT (S/192,500–S/247,500): 20%. Above 45 UIT (above S/247,500): 30%. | Same bracket rates; UIT thresholds slightly lower in 2025 | 1 January 2026 (tax year) |
| Standard Labour Income Deduction (7 UIT) Standard deduction for fifth-category (payroll) and fourth-category (independent) labour income rises with UIT | S/38,500 (7 × S/5,500) | S/37,450 (7 × S/5,350 in 2025) | Tax year 2026 |
| Additional Deductible Expenses Cap (3 UIT) Maximum additional personal expense deductions (receipts from boletas) capped at 3 UIT | Up to S/16,500 (3 × S/5,500) if conditions met | S/16,050 (2025) | Tax year 2026 |
| Alcabala (Property Transfer Tax) Exemption First 10 UIT of property transfer value excluded from alcabala base | First S/55,000 excluded; 3% alcabala on value above S/55,000 (paid by buyer for second-hand properties) | First S/53,500 excluded (2025) | 1 January 2026 |
| EsSalud — Employer Health Contribution Employer health insurance contribution rate unchanged | 9% of gross remuneration (employer-paid; minimum base is the RMV of S/1,130/month) | 9% (unchanged) | Continuing 2026 |
| AFP — Private Pension (Sistema Privado de Pensiones) AFP employee deductions comprise three components; 10% fund contribution is the core | 10% of gross salary to individual pension fund. Plus: ~1.37% disability/survivors insurance premium. Plus: AFP management commission (flujo) — Habitat 1.47%, Integra 1.55%, Prima 1.60%, Profuturo 1.69%. Total employee deduction: approximately 12.84–13.06% depending on AFP chosen. | Same structure; commissions vary by AFP and are revised periodically | Continuing 2026 |
| ONP — Public Pension System ONP employee contribution rate unchanged (alternative to AFP) | 13% of gross salary (goes to pooled government fund; no individual account) | 13% (unchanged) | Continuing 2026 |
| IGV (VAT) Standard VAT rate unchanged | 18% (IGV 16% + Municipal Promotion Tax IPM 2%) | 18% (unchanged) | Continuing 2026 |
| Tourist Overstay Fine UIT-linked; rises automatically with new UIT value | 0.1% of UIT per day = S/5.50/day | S/5.35/day (2025) | 1 January 2026 |
| Carnet de Extranjería (CE) CE validity rules unchanged | Resident CE (carné de extranjería): validity 4 years. Permanent CE: 5 years. Renew within 30 days before expiry at Migraciones. | Same framework | 2026 |
| Driving Licence — Foreign Licence Validity MTC enforcement: foreign licence valid for first 6 months of stay under treaty; exchange/Peruvian licence required thereafter | Foreign licence valid only in first 6 months of entry under applicable treaty. After 6 months: must exchange for Peruvian licence via MTC. | Same rule; enforcement reinforced | 2026 |
| SIS — Public Health Insurance (Virtual Affiliation) SIS virtual affiliation available for residents with CE and no other health insurance | Affiliation via Conect@SIS app or SIS portal for residents with Carnet de Extranjería and no EsSalud coverage. | Expanded digital process since 2025 | 2026 |
| Annual Income Tax Filing Schedule SUNAT publishes annual filing schedule by last RUC digit; 2026 income declared in 2027 | Filing for 2026 income expected March–April 2027. Confirm exact dates in SUNAT resolution (published December 2026). | Annual schedule | March–April 2027 for 2026 income |
| Public Holidays 2026 Official holiday calendar maintained; includes newer civic holidays | National holidays include: Battle of Arica (June 7), Day of the Peruvian (July 23), Great Patriotic Battle of Junín (August 6), Battle of Ayacucho (December 9), plus standard national and religious holidays. Check gob.pe/feriados for full calendar. | Similar calendar with recent civic additions | 2026 calendar |
January Checklist
Actions to take each January when new rates take effect.
- 1
Update UIT-linked budgets and calculations — new UIT is S/5,500 from 1 January 2026.
- 2
Check visa and residence permit (CE) expiry dates — start renewal 30 days before expiry.
- 3
Verify payroll planilla: confirm EsSalud (9%), AFP/ONP, and income tax withholding are applied correctly.
- 4
Confirm SUNAT RUC/Clave SOL access — needed for tax filings and certificate requests.
- 5
Check your AFP fund performance and commission rate at your AFP website — you can switch AFP annually.
- 6
Review lease currency and deposit exposure — many Lima leases are USD-denominated.
- 7
Update private health/evacuation insurance coverage for the year.
- 8
Plan annual income tax obligation — use the 7 UIT (S/38,500) standard deduction plus any additional 3 UIT (S/16,500) deductible expenses.
Where to Track Annual Changes
-
sunat.gob.pe — UIT value, IGV, income tax rates, filing schedules
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mef.gob.pe — MEF decrees for UIT and economic thresholds
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migraciones.gob.pe — residence permits, CE renewal, overstay rules
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mtpe.gob.pe — minimum wage (RMV) announcements
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sunafil.gob.pe — labour inspections and RMV enforcement
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mtc.gob.pe — driving licence exchange rules
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sis.gob.pe — SIS public health insurance for residents
-
elpuano.gob.pe — official gazette for all regulatory decrees
Many Peru thresholds are UIT-linked and update automatically each year with the new UIT value. The UIT of S/5,500 drives the 7 UIT standard deduction (S/38,500), the 3 UIT additional expense cap (S/16,500), alcabala exemption (S/55,000), and administrative fine levels. Employees in the AFP system have ~12.84–13.06% of gross salary deducted (fund contribution 10% + insurance ~1.37% + AFP commission); ONP is a simpler flat 13% but provides no individual account.
Annual Changes
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