Peru has increased the value of its Tax Unit (Unidad Impositiva Tributaria – UIT) for the 2025 fiscal year. The value will rise from PEN 5,150 to PEN 5,350, as outlined in Supreme Decree No. 260-2024-EF.

This announcement was published on 17 December 2024.

The UIT serves as a key reference for a range of tax applications, such as determining individual income tax brackets, property and transfer taxes, technical service fee reporting, and eligibility for deductions related to research and development as well as low-value assets. It also impacts revenue thresholds for Local and Master files, among other tax obligations.