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V2010-23 11 July 2023 · SG de Tributación de las Operaciones Financieras Criterion in force
IRPF · contingencia de jubilación

Deadline for applying the 40% reduction on pension plans through early retirement

The consultant inquires about the deadline for applying the 40% reduction on contributions made prior to 2007 following a collective redundancy. The DGT responds that, if early retirement is collected, the contingency occurs when the requirements for said collection are met.

The question raised

Question posed: Available deadline to apply the 40 percent reduction provided for in the transitional regime.

The DGT's ruling

If the retirement benefit is collected early, the contingency occurs when the employment relationship is terminated due to collective redundancy and the individual enters a state of unemployment. To apply the 40% reduction on contributions made prior to 2007, the benefit must be received in the fiscal year of the occurrence or in the two following years. In this case, as the requirements were met in 2022, the deadline to apply the reduction ends on December 31, 2024.

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