Peru has set the tax unit value (Unidad Impositiva Tributaria - UIT) for 2025, which is increased from PEN 5,150 to PEN 5,350. The value was set through Supreme Decree No. 260-2024-EF. The UIT value is used for a variety of tax-related purposes, including in relation to individual income tax brackets and deductions, real estate property and transfer tax, technical service fee payment reporting (otherwise higher withholding applies), deductions for R&D and low-value assets, revenue thresholds for Local and Master files (reports), and others.