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V0722-24 16 April 2024 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · estimación directa

Temporary sickness incapacity insurance classified as health insurance for the €500 limit

A self-employed individual inquired whether premiums for new temporary sickness incapacity insurance are deductible expenses or subject to the €500 limit applicable to health insurance. The Directorate General for Taxes (DGT) ruled that, as it covers a transitory pathological condition rather than permanent disability, it is classified as health insurance.

The question raised

Whether the premiums paid for this insurance would be a deductible expense for IRPF purposes or if they would fall within the 500 euro limit for health insurance.

The DGT's ruling

Disability insurance for common illness is not considered disability insurance, as the latter refers to permanent disabilities. As it concerns a benefit for common illness, the policy is classified as health insurance. Therefore, its deductibility shall be subject to the 500 euro limit per person established in Article 30.2.5.a.a) of the LIRPF.

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