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V0036-23 ·16 January 2023 ·consulta-vinculante Medium impact
Tax

30% reduction applicable to lump-sum payment for delayed retirement

A query was raised regarding whether the financial compensation for delaying the retirement age, received as a lump sum, is eligible for the 30% reduction under Article 18.3 of the Personal Income Tax Act (LIRPF). The Directorate General for Taxes (DGT) has ruled that this reduction is indeed applicable to such lump-sum supplements.

In 6 key points

How it affects those involved

This ruling provides legal certainty for taxpayers receiving lump-sum payments for delaying retirement, confirming they can benefit from tax relief intended for irregular income.

Lifecycle

2023-01-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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