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V2267-23 27 July 2023 · SG de Tributación de las Operaciones Financieras Criterion in force
IRPF · contingencia de jubilación

The deadline to apply the 40% reduction on pension plans ends on December 31, 2024, if collected early due to collective dismissal

A person who suffered a collective dismissal wishes to know when the deadline to apply the 40% reduction for contributions made prior to 2007 expires. The DGT responds that, if the benefit is collected early due to the dismissal, the contingency occurs at that moment and the deadline for the reduction expires within the following two tax years.

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 received early due to the termination of the employment relationship and unemployment (collective dismissal), the contingency occurs when those requirements are met. To apply the 40% reduction on contributions made prior to 2007, the benefit must be received in the tax year of the occurrence or in the following two. In the case of an occurrence in 2022, the deadline ends on December 31, 2024.

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