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MEDIUM
FISCAL

Pension payments as employment income cannot benefit from 40% reduction

V0818-25

Prepared and reviewed by the BMC editorial team  ·  Methodology

Technical details

Type
consulta-vinculante (what is this?)
Identifier
V0818-25
Published
16 May 2025

Summary

The consultant asks about the taxation of employment pension benefits received as assured income. The DGT responds that such benefits are considered earnings from work and that the 40% reduction only applies when received as capital.

In 6 key points

Lifecycle

2025-05-16PublishedPublished 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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