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V0636-24 ·11 April 2024 ·consulta-vinculante Medium impact
Tax

30% reduction on early retirement bonuses may apply if certain requirements are met

A taxpayer inquired whether the bonus received for early retirement allows for the 30% reduction under Article 18.2 of the Personal Income Tax Act (LIRPF). The Directorate General of Taxes (DGT) indicates that this is possible if the income has a generation period exceeding two years and is attributed to a single tax period.

In 5 key points

How it affects those involved

This ruling clarifies the conditions under which early retirement bonuses qualify for tax relief, specifically regarding the duration of the generation period and the timing of tax attribution.

Lifecycle

2024-04-11PublishedPublished 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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