Skip to content
Back to index
V3355-23 29 December 2023 · SG de Tributación de las Operaciones Financieras Criterion in force
IRPF · contingencia de jubilación

Deadline for 40% pension plan redemption reduction (pre-2007 contributions) ends 31 December 2024 if contingency occurred in 2022

The inquirer asks about the deadline to apply the 40% reduction to a pension plan redemption following a collective redundancy. The DGT rules that, in the case of early retirement, the contingency occurs when the requirements for such payment are met.

The question raised

Available period to apply the 40 percent reduction provided for in the transitional regime.

The DGT's ruling

If the retirement benefit is paid in advance, the contingency occurs when the requirements to receive it are met, such as the termination of the employment relationship due to collective dismissal and the transition to 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 contingency occurs in 2022, the period ends on December 31, 2024.

Book your free first meeting