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V1266-18 14 May 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · indemnización por despido

Statutory severance exemption cap set at lower of minimum wage or €180,000

The taxpayer enquires about the tax treatment of severance pay received in instalments. The tax authority confirms that the exempt amount is capped at the lower of the minimum wage or €180,000, with any excess treated as income from employment.

The question raised

Cuestión planteada Tratamiento fiscal, por el IRPF, de la indemnización por extinción de la relación laboral.

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