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V1608-21 ·27 May 2021 ·consulta-vinculante Medium impact
Tax

Temporary disability benefits are considered employment income and mutual insurance contributions are deductible

A self-employed individual inquired whether RETA social security contributions paid by their mutual insurance company during sick leave are deductible. The Directorate General for Taxes (DGT) ruled that the benefit constitutes employment income and that such contributions are deductible expenses.

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2021-05-27PublishedPublished 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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