Retirement is a contingency distinct from disability for the purpose of calculating the period for the 40% reduction
Technical details
Summary
A taxpayer with a permanent disability since 2012 and retirement in 2023 asks whether they can apply the 40% reduction for contributions made prior to 2007. The DGT responds that, as retirement is a contingency distinct from disability, the period for applying the transitional regime is calculated from the date of retirement.