SALARIO

AOS AUMENTO DEL 15% SALARIO

1 S/. 80,000.00
2 S/. 12,000.00 S/. 92,000.00
3 S/. 13,800.00 S/. 105,800.00
4 S/. 15,870.00 S/. 121,670.00
5 S/. 18,250.50 S/. 139,920.50

IMPUESTO

AOS SALARIO DEDUCCIN

1 S/. 80,000.00 S/. 15,000.00
2 S/. 92,000.00 S/. 15,000.00
3 S/. 105,800.00 S/. 15,000.00
4 S/. 121,670.00 S/. 15,000.00
5 S/. 139,920.50 S/. 15,000.00

INVERSION AL ABRIGO D
AOS BASE IMPONIBLE DEDUCC. FISCAL 20%
1 S/. 100,000.00 S/. 20,000.00
2 S/. 92,750.00 S/. 18,550.00
3 S/. 86,297.50 S/. 17,259.50
4 S/. 80,554.78 S/. 16,110.96
5 S/. 75,443.75

AO SALARIO
1 S/. 80,000.00
2 S/. 92,000.00
3 S/. 105,800.00
4 S/. 121,670.00
5 S/. 139,920.50

RIQUEZA AL FINALIZAR LOS 5 AN OS

AUMENTO DE RIQUEZA
PERDIDA NETA
AOS INVERSION INTERS DEL 14%
1 S/. 100,000.00 S/. 14,000.00
2 S/. 112,150.00 S/. 15,701.00
3 S/. 125,320.60 S/. 17,544.88
4 S/. 139,597.53 S/. 19,543.65
5 S/. 155,073.72 S/. 21,710.32

RIQUEZA AL FINALIZAR LOS 5 AN OS

AUMENTO DE RIQUEZA
GANANCIA NETA
 GASTOS DEL 75%
S/. 60,000.00
S/. 69,000.00
S/. 79,350.00
S/. 91,252.50
S/. 104,940.38

IMPUESTO

SALARIO AFECTO A IMPUESTOS AHORRO DEL SALARIO DE 25% SALARIO MENOS IMP.
S/. 65,000.00 S/. 16,250.00 S/. 63,750.00
S/. 77,000.00 S/. 19,250.00 S/. 72,750.00
S/. 90,800.00 S/. 22,700.00 S/. 83,100.00
S/. 106,670.00 S/. 26,667.50 S/. 95,002.50
S/. 124,920.50 S/. 31,230.13 S/. 108,690.38

INVERSION AL ABRIGO DE IMPUESTOS

PAGO ANUAL 4% GANANCIA DE INVERSIN AHORRO
S/. 4,000.00 S/. 84,000.00 S/. 8,750.00
S/. 3,710.00 S/. 77,910.00 S/. 8,387.50
S/. 3,451.90 S/. 72,489.90 S/. 8,064.88
S/. 3,222.19 S/. 67,666.01 S/. 7,777.74

FONDO DEL MERCADO DE DINERO

DEDUCCIN POR LEY DEDUCCIN FISCAL SALARIO LUEGO DE DEDUCC.
S/. 15,000.00 S/. 20,000.00 S/. 45,000.00
S/. 15,000.00 S/. 18,550.00 S/. 58,450.00
S/. 15,000.00 S/. 17,259.50 S/. 73,540.50
S/. 15,000.00 S/. 16,110.96 S/. 90,559.04
S/. 15,000.00 S/. 124,920.50

L FINALIZAR LOS 5 AN OS S/. -97,344.63

DE RIQUEZA S/. 2,655.37
S/. -94,689.26

INVERSION EN UN FONDO MUTUALISTA

 IMP.DE GANANCIAS DEL 40% INTERES MENOS IMP TOTAL INVERSIN
S/. 5,600.00 S/. 8,400.00 S/. 108,400.00
S/. 6,280.40 S/. 9,420.60 S/. 121,570.60
S/. 7,017.95 S/. 10,526.93 S/. 135,847.53
S/. 7,817.46 S/. 11,726.19 S/. 151,323.72
S/. 8,684.13 S/. 13,026.19 S/. 168,099.92
GANANCIA NETA S/. 53,099.92 S/. 685,241.77

L FINALIZAR LOS 5 AN OS S/. 171,849.91

DE RIQUEZA S/. 71,849.91
S/. 53,099.92
 GASTOS DE 75% AHORRO
S/. 60,000.00 S/. 3,750.00
S/. 69,000.00 S/. 3,750.00
S/. 79,350.00 S/. 3,750.00
S/. 91,252.50 S/. 3,750.00
S/. 104,940.38 S/. 3,750.00
TOTAL S/. 18,750.00

MONTO DE CRED 180% ADEUDO DE CAP GANAN.DE CAP

S/. 135,798.75 S/. 312,337.13 S/. -101,094.63

AHORRO AFECTO A IMP. 0.25 GASTO BASE IMPON. AHORRO NETO

S/. 11,250.00 S/. 60,000.00 S/. 68,750.00 S/. 8,750.00
S/. 14,612.50 S/. 69,000.00 S/. 77,387.50 S/. 8,387.50
S/. 18,385.13 S/. 79,350.00 S/. 87,414.88 S/. 8,064.88
S/. 22,639.76 S/. 91,252.50 S/. 99,030.24 S/. 7,777.74
S/. 31,230.13 S/. 104,940.38 S/. 108,690.38 S/. 3,750.00
TOTAL S/. 36,730.11
BASE DE INVERSION(AHORRO)
S/. 3,750.00
S/. 3,750.00
S/. 3,750.00
S/. 3,750.00
S/. 3,750.00
S/. 18,750.00
 PREGUNTAS

1.CUNTO DEBE INVERTIR EN EL PLAN EXENTO DE IMPUESTO?

AOS BASE IMPONIBLE DEDUCC. FISCAL 20%

1 S/. 100,000.00 S/. 20,000.00
2 S/. 92,750.00 S/. 18,550.00
3 S/. 86,297.50 S/. 17,259.50
4 S/. 80,554.78 S/. 16,110.96
5 S/. 75,443.75

AHORRO DEL ULTIMO AO = S/ 3,750

RIQUEZA AL FINALIZAR LOS 5 AOS

AUMENTO DE LA RIQUEZA
PRDIDA NETA

RESPUESTA: No es posible realizar una inversion rentable , pues en el cuadro al realizar esta inversion de biene

2. SUPONIENDO QUE LA TASA DE AUMENTO DE SU SALARIO FUERA DE SOLO 10%COMO AFECTAR

AOS SALARIO DEDUCCIN

1 S/. 80,000.00 S/. 15,000.00
2 S/. 92,000.00 S/. 15,000.00
3 S/. 105,800.00 S/. 15,000.00
4 S/. 121,670.00 S/. 15,000.00
5 S/. 139,920.50 S/. 15,000.00

AUMENTO ANUAL DEL 10%

AOS AUMENTO DEL 10% SALARIO DEDUCCIN

1 S/. 80,000.00 S/. 15,000.00
2 S/. 8,000.00 S/. 88,000.00 S/. 15,000.00
3 S/. 8,800.00 S/. 96,800.00 S/. 15,000.00
4 S/. 9,680.00 S/. 106,480.00 S/. 15,000.00
5 S/. 10,648.00 S/. 117,128.00 S/. 15,000.00

RESPUESTA: Si los salarios aumentan 10% no hace mucha diferencia en las inversiones, dado que el 75% de su
para tener una variacion en el ahorro , debe variar los gastos.

3. INCREMENTE 10% CADA UNO DE LOS PARAMETROS DE LA INVERSION LIBRE DE IMPUESTOS.(C

AL CABO DE 5 AOS?

INCREMENTO DEL 10% DEDUCCION FISCAL

AOS SALARIO DEDUCC. POR LEY
1 S/. 80,000.00 S/. 15,000.00
2 S/. 92,000.00 S/. 15,000.00
3 S/. 105,800.00 S/. 15,000.00
4 S/. 121,670.00 S/. 15,000.00
5 S/. 139,920.50 S/. 15,000.00

AOS BASE IMPONIBLE DEDUCC.FISCAL 30%

1 S/. 100,000.00 S/. 30,000.00
2 S/. 85,250.00 S/. 25,575.00
3 S/. 73,228.75 S/. 21,968.63
4 S/. 63,431.43 S/. 19,029.43
5 S/. 55,446.62

RIQUEZA AL FINAL DE LOS 5 AOS

AUMENTO DE RIQUEZA
PERDIDA NETA

AOS BASE IMPONIBLE DEDUCC. FISCAL 20%

1 S/. 100,000.00 S/. 20,000.00
2 S/. 102,750.00 S/. 20,550.00
3 S/. 104,972.50 S/. 20,994.50
4 S/. 106,739.03 S/. 21,347.81
5 S/. 108,112.43

RIQUEZA AL FINAL DE LOS 5 AOS

AUMENTO DE RIQUEZA
PERDIDA NETA

AOS BASE IMPONIBLE DEDUCC.FISCAL20%

1 S/. 100,000.00 S/. 20,000.00
2 S/. 92,750.00 S/. 18,550.00
3 S/. 86,297.50 S/. 17,259.50
4 S/. 80,554.78 S/. 16,110.96
5 S/. 75,443.76

RIQUEZA AL FINAL DE LOS 5 AOS

AUMENTO DE RIQUEZA
PERDIDA NETA
 AOS BASE IMPONIBLE DEDUCC.FISCAL20%
1 S/. 100,000.00
2 S/. 108,750.00
3 S/. 117,137.50
4 S/. 125,202.38
5 S/. 132,980.12

RIQUEZA AL FINAL DE LOS 5 AOS

AUMENTO DE RIQUEZA
PERDIDA NETA

RESPUESTA: El parmetro al incrementar en 10%, en dnde tiene ms impacto de riqueza es en el adeudo de

4.CUAL ES EL PORCENTAJE MAXIMO DE SUS SALARIOS COMBINADOS QUE PUEDEN USTEDES CON
DE DINERO NUNCA RESULTE NEGATIVO)?

Calculamos una tasa de gastos basados en salarios despes de impuestos

AOS SALARIO DEDUCCIN

1 S/. 80,000.00 S/. 15,000.00
2 S/. 92,000.00 S/. 15,000.00
3 S/. 105,800.00 S/. 15,000.00
4 S/. 121,670.00 S/. 15,000.00
5 S/. 139,920.50 S/. 15,000.00

Consideramos los saldo anteriores del ao 5 ,pues nos podria dar una tasa de gastos que mas adelante nos

AOS SALARIO DEDUCCIN

1 S/. 80,000.00 S/. 15,000.00
2 S/. 92,000.00 S/. 15,000.00
3 S/. 105,800.00 S/. 15,000.00
4 S/. 121,670.00 S/. 15,000.00
5 S/. 139,920.50 S/. 15,000.00

Si la tasa aumenta 78% el saldo nos dara un dbito

AOS SALARIO DEDUCCIN

1 S/. 80,000.00 S/. 15,000.00
2 S/. 92,000.00 S/. 15,000.00
 3 S/. 105,800.00 S/. 15,000.00
4 S/. 121,670.00 S/. 15,000.00
5 S/. 139,920.50 S/. 15,000.00

5. CUL TENDRA QUE SER EL RENDIMIENTO DE SU FONDO EN EL MERCADO DE DINERO PARA QU

O NO INVERTIR EN DICHO RUBRO?

No resulta indiferente invertir en bienes raices, ya que pasando los cinco aos nos resulta una prdida debido
DE IMPUESTO?

PAGO ANUAL 4% GANANCIA DE INVERSIN AHORRO

S/. 4,000.00 S/. 84,000.00 S/. 8,750.00
S/. 3,710.00 S/. 77,910.00 S/. 8,387.50
S/. 3,451.90 S/. 72,489.90 S/. 8,064.88
S/. 3,222.19 S/. 67,666.01 S/. 7,777.74

S/. -97,344.63
S/. 2,655.37
S/. -94,689.26

e , pues en el cuadro al realizar esta inversion de bienes raices , nos resulta una perdida debido al cobro de impuesto de capital.

SALARIO FUERA DE SOLO 10%COMO AFECTARA ESO SU RIQUEZA AL TERMINO DE LOS 5 AOS?.EXPLIQUE ESTE RESULT

SALARIO AFECTO A IMPUESTOS AHORRO DEL SALARIO DE 25% SALARIO MENOS IMP.
S/. 65,000.00 S/. 16,250.00 S/. 63,750.00
S/. 77,000.00 S/. 19,250.00 S/. 72,750.00
S/. 90,800.00 S/. 22,700.00 S/. 83,100.00
S/. 106,670.00 S/. 26,667.50 S/. 95,002.50
S/. 124,920.50 S/. 31,230.13 S/. 108,690.38

SALARIO AFECTO A IMPUESTOS AHORRO DEL SALARIO DE 25% SALARIO MENOS IMP.
S/. 65,000.00 S/. 16,250.00 S/. 63,750.00
S/. 73,000.00 S/. 18,250.00 S/. 69,750.00
S/. 81,800.00 S/. 20,450.00 S/. 76,350.00
S/. 91,480.00 S/. 22,870.00 S/. 83,610.00
S/. 102,128.00 S/. 25,532.00 S/. 91,596.00

a diferencia en las inversiones, dado que el 75% de sus ingresos obtenido el monto anual de ahorro se mantiene igual.

TROS DE LA INVERSION LIBRE DE IMPUESTOS.(CADA UNO POR SEPARADO) CUL TIENE MS IMPACTO SOBRE SU RIQUE

NTO DEL 10% DEDUCCION FISCAL

 DEDUCC. FISCAL SALARIO AFECTO A IMP. AHORRO DEL SALARIO DE 25%
S/. 30,000.00 S/. 35,000.00 S/. 8,750.00
S/. 25,575.00 S/. 51,425.00 S/. 12,856.25
S/. 21,968.63 S/. 68,831.38 S/. 17,207.84
S/. 19,029.43 S/. 87,640.57 S/. 21,910.14
S/. 124,920.50 S/. 31,230.13

PAGO ANUAL 4% GANANCIA DE INVERSIN AHORRO

S/. 4,000.00 S/. 74,000.00 S/. 11,250.00
S/. 3,410.00 S/. 63,085.00 S/. 10,143.75
S/. 2,929.15 S/. 54,189.28 S/. 9,242.16
S/. 2,537.26 S/. 46,939.26 S/. 8,507.36

S/. -74,298.47
S/. 25,701.53
S/. -48,596.93

INCREMENTO DEL 10% PAGO ANUAL

PAGO ANUAL 14% GANANCIA DE INVERSIN AHORRO
S/. 14,000.00 S/. 94,000.00 S/. 8,750.00
S/. 14,385.00 S/. 96,585.00 S/. 8,387.50
S/. 14,696.15 S/. 98,674.15 S/. 8,064.88
S/. 14,943.46 S/. 100,334.69 S/. 7,777.74

S/. -144,870.65
S/. -44,870.65
S/. -189,741.31

INCREMENTO DEL 10% DE CRDITOS

PAGO ANUAL 4% GANANCIA DE INVERSIN AHORRO
S/. 4,000.00 S/. 84,000.00 S/. 8,750.00
S/. 3,710.00 S/. 77,910.00 S/. 8,387.50
S/. 3,451.90 S/. 72,489.90 S/. 8,064.88
S/. 3,222.19 S/. 67,666.02 S/. 7,777.74

S/. -255,772.97
S/. -155,772.97
S/. -411,545.95
 INCREMENTO DEL 10% EN GANANCIA DE CAPITAL
PAGO ANUAL 4% GANANCIA DE INVERSIN AHORRO
S/. 100,000.00 S/. 8,750.00
S/. 108,750.00 S/. 8,387.50
S/. 117,137.50 S/. 8,064.88
S/. 125,202.38 S/. 7,777.74

S/. -202,129.78
S/. -102,129.78
S/. -304,259.56

nde tiene ms impacto de riqueza es en el adeudo de impuestos por ganancia de capital en el ao 5

RIOS COMBINADOS QUE PUEDEN USTEDES CONSUMIR (GASTAR)SIN CAER EN DEBITO( DE TAL MANERA QUE SU SALDO D

pes de impuestos

SALARIO AFECTO A IMPUESTOS AHORRO DEL SALARIO DE 25% SALARIO MENOS IMP.
S/. 65,000.00 S/. 80,000.00
S/. 77,000.00 S/. 92,000.00
S/. 90,800.00 S/. 105,800.00
S/. 106,670.00 S/. 121,670.00
S/. 124,920.50 S/. 139,920.50

podria dar una tasa de gastos que mas adelante nos dara un dbito

SALARIO AFECTO A IMPUESTOS AHORRO DEL SALARIO DE 25% SALARIO MENOS IMP.
S/. 65,000.00 S/. 16,250.00 S/. 63,750.00
S/. 77,000.00 S/. 19,250.00 S/. 72,750.00
S/. 90,800.00 S/. 22,700.00 S/. 83,100.00
S/. 106,670.00 S/. 26,667.50 S/. 95,002.50
S/. 124,920.50 S/. 31,230.13 S/. 108,690.38

SALARIO AFECTO A IMPUESTOS AHORRO DEL SALARIO DE 25% SALARIO MENOS IMP.
S/. 65,000.00 S/. 16,250.00 S/. 63,750.00
S/. 77,000.00 S/. 19,250.00 S/. 72,750.00
 S/. 90,800.00 S/. 22,700.00 S/. 83,100.00
S/. 106,670.00 S/. 26,667.50 S/. 95,002.50
S/. 124,920.50 S/. 31,230.13 S/. 108,690.38

SU FONDO EN EL MERCADO DE DINERO PARA QUE A USTED LE RESULTARA TOTALMENTE INDIFERENTE INVERTIR TODO

asando los cinco aos nos resulta una prdida debido al excesivo cobro de impuestos en esta inversion de capital.
 MONTO DE CRED 180% ADEUDO DE CAP GANAN.DE CAP

S/. 135,798.75 S/. 312,337.13 S/. -101,094.63

ro de impuesto de capital.

AOS?.EXPLIQUE ESTE RESULTADO

GASTOS DE 75% AHORRO

S/. 60,000.00 S/. 3,750.00
S/. 69,000.00 S/. 3,750.00
S/. 79,350.00 S/. 3,750.00
S/. 91,252.50 S/. 3,750.00
S/. 104,940.38 S/. 3,750.00

GASTOS DE 75% AHORRO

S/. 60,000.00 S/. 3,750.00
S/. 66,000.00 S/. 3,750.00
S/. 72,600.00 S/. 3,750.00
S/. 79,860.00 S/. 3,750.00
S/. 87,846.00 S/. 3,750.00
TOTAL S/. 18,750.00

e mantiene igual.

S IMPACTO SOBRE SU RIQUEZA

 GASTOS DE 75% BASE IMPONI. AHORRO
S/. 60,000.00 S/. 71,250.00 S/. 11,250.00
S/. 69,000.00 S/. 79,143.75 S/. 10,143.75
S/. 79,350.00 S/. 88,592.16 S/. 9,242.16
S/. 91,252.50 S/. 99,759.86 S/. 8,507.36
S/. 104,940.38 S/. 108,690.38 S/. 3,750.00
TOTAL S/. 42,893.26

MONTO DE CRED 180% ADEUDO DE CAP GANAN.DE CAP

S/. 99,803.91 S/. 229,548.99 S/. -74,298.47

MONTO DE CRED 180% ADEUDO DE CAP GANAN.DE CAP

S/. 194,602.37 S/. 447,585.45 S/. -144,870.65

CREDI.190% ADEUDO 230% GANAN.40%

S/. 143,343.13 S/. 329,689.21 S/. -110,902.32

 CREDIT. 180% ADEUDO 240% GANAN.40%

S/. 239,364.22 S/. 574,474.12 S/. -202,129.78

TAL MANERA QUE SU SALDO DE FONDOS DE MERCADO

GASTOS DE 75% AHORRO

S/. 60,000.00 S/. 20,000.00
S/. 69,000.00 S/. 23,000.00
S/. 79,350.00 S/. 26,450.00
S/. 91,252.50 S/. 30,417.50
S/. 104,940.38 S/. 34,980.12
TOTAL S/. 134,847.62

GASTOS DEL 77% AHORRO

S/. 61,600.00 S/. 2,150.00
S/. 70,840.00 S/. 1,910.00
S/. 81,466.00 S/. 1,634.00
S/. 93,685.90 S/. 1,316.60
S/. 107,738.79 S/. 951.59
TOTAL S/. 7,962.19

GASTOS DEL 78% AHORRO

S/. 62,400.00 S/. 1,350.00
S/. 71,760.00 S/. 990.00
 S/. 82,524.00 S/. 576.00
S/. 94,902.60 S/. 99.90
S/. 109,137.99 S/. -447.62
TOTAL S/. 2,568.28

NDIFERENTE INVERTIR TODO SU CAPITAL EN BIENES RACES

n de capital.