When the employee retires and becomes a pensioner, regardless of how much he stopped working and retired professionally, he is still a taxpayer. That is, he continues to pay taxes for pensions that he receives every month. However, there are some pensions that are exempted from taxation.
The IRPF law explains in its article 18 (you can consult it at this link), which, as a rule,. ” Perceived pension and passive assets of public social security regimes and passive classes and other social advantages for situations disability, retirement, accident, illness, widowhoodor similar “they are considered Full work panelsJust like wages. That is, you must pay for them.
However, compiled from this part of the law refers to the fact that in this article 18 regulates the taxation of pensions “without prejudice to the provisions of Article 7 of this Law.”
And what does article 7 of the IRPF law say? Well, simply and clear, there are certain income for which the taxpayer should not pay income tax of natural personsThe field of these income has the origin of all types, but among them there are different pensions or social security benefits.
In this article, the IRPF law defines this “The next income will be released“:
- Extraordinary social advantages for terrorism and pensions obtained from medals and jewelry provided by these acts of terrorism.
- They recognized pensions in favor of people who were injured or injured on this occasion or, as a result of the Civil War.
- Pensions from the useless or constant disability of the passive classes, if the injury or disease that comes, completely turns off pension perception for any profession or trade.
- Pressure benefits by property and maternity benefits and regulated relatives.
- Pension and passive pensions of the shelter and the preferences of grandchildren and brothers, under the age of 22 or are disabled for all work, are perceived from all state social security regimes and passive classes.
