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V2920-14 30 October 2014 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · prestación por desempleo

Unemployment benefits paid in a single lump sum are exempt from Personal Income Tax without a limit on the amount

A query is made as to whether a single lump sum unemployment benefit exceeding 15,500 euros for self-employed activity is exempt. The DGT clarifies that, since 2013, the 15,500 euro limit for said exemption has been abolished.

The question raised

Application of the exemption provided for in Article 7, n) of the Personal Income Tax Law in the year 2013.

The DGT's ruling

Unemployment benefits paid in a single lump sum modality are exempt from tax provided they are allocated to the purposes provided for in Royal Decree 1044/1985. For the self-employed worker, the exemption requires the maintenance of the activity for a period of five years. The previous limit of 15,500 euros was abolished with effect from 1 January 2013.

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