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V1443-23 ·25 May 2023 ·consulta-vinculante Medium impact
Tax

Deadline for 40% pension plan reduction ends 31 December 2024 if claimed early due to redundancy

A query was raised regarding the deadline to apply the 40% reduction for contributions made prior to 2007 following a collective redundancy. The Directorate General of Pensions (DGT) clarified that if retirement benefits are claimed early due to redundancy, the contingency occurs in the year of the dismissal, and the deadline for the reduction expires two tax years later.

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2023-05-25PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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