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V3932-16 ·19 September 2016 ·consulta-vinculante Medium impact
Tax

Special redundancy grants treated as employment income without exemption

A query was raised regarding whether special aid for workers over 52 affected by collective redundancy procedures (RD 196/2010) carries specific tax treatment. The DGT has determined that these amounts must be taxed as employment income.

In 5 key points

How it affects those involved

Workers receiving special redundancy grants for those over 52 will be subject to income tax on these amounts, as they do not qualify for tax exemptions.

Lifecycle

2016-09-19PublishedPublished 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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