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V2030-16 ·11 May 2016 ·consulta-vinculante Medium impact
Tax

Severance pay is not classified as wages and is not subject to attachment limits

A query was raised regarding whether the attachment limits applicable to wages and salaries extend to severance payments upon contract termination. The Directorate-General for Labour (DGT) has ruled that these amounts are not considered wages and, therefore, do not benefit from such limits.

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2016-05-11PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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