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V0488-15 ·6 February 2015 ·consulta-vinculante Medium impact
Tax

Compensation for workplace accidents agreed in conciliation acts is tax-deductible

A business owner under the simplified direct estimation regime enquired whether a €30,000 compensation payment made to an employee following a workplace accident could be deducted. The DGT ruled that the expense is deductible provided it meets the requirements of correlation with the business activity, proper accounting records, and sufficient justification.

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2015-02-06PublishedPublished 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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