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V5085-16 ·24 November 2016 ·consulta-vinculante Medium impact
Tax

Work accident or occupational disease insurance premiums paid by companies are not treated as benefits in kind

A company has enquired whether insurance premiums for work accidents and occupational diseases, paid by the employer for its employees, are exempt from Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) has ruled that these premiums do not constitute employment income in kind, provided that all legal requirements are met.

In 5 key points

How it affects those involved

This ruling provides legal certainty for companies regarding the tax treatment of occupational insurance, confirming that such costs do not increase the taxable income of employees if they meet statutory conditions.

Lifecycle

2016-11-24PublishedPublished 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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