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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

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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