Skip to content
V0760-25 ·29 April 2025 ·consulta-vinculante Low impact
Tax

The provision of a collective insurance policy that instruments pension commitments is considered employment income

The tax authority rules that a survival benefit from a collective insurance policy is considered work income and is not eligible for the 30% reduction under Article 18 of the IRPF law.

In 6 key points

How it affects those involved

Such benefits are classified as income from employment and thus cannot benefit from the capital reduction provision.

Lifecycle

2025-04-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact