24. Work income derived from benefits obtained in the form of income by people with disabilities corresponding to contributions to social security systems and contributions to protected assets

Regulations: Art. 7.w) Law Personal Income Tax

Work income derived from benefits obtained in the form of income by people with disabilities corresponding to contributions to social security systems referred to in article 53 of the Personal Income Tax Law exempt. ##1##, up to a maximum annual amount of three times the public multiple-effect income indicator (for the year 2020, this amount is the result of 7,519.59 x 3 = 22,558.77 euros).

The annual amount of the public indicator of multiple effects income (IPREM) is 7,519.59 euros, in accordance with the provisions of the Additional Provision one hundred and nineteen of Law 6/2018, of July 3, on General State Budgets for the year 2018 (BOE of 4), since these budgets have been extended to 2020.

Likewise, income from work derived from contributions to protected assets referred to in the eighteenth Additional Provision of this Law is exempt, with the same limit as that indicated in the previous paragraph.

Precisions:

The exemption of these work income is declared as long as such benefits derive from contributions made to pension plans established in favor of people with a degree of physical or sensory disability equal to or greater than 65 percent, mental disability equal to or greater than 33 percent or with a judicially declared disability. If at the time of receiving the benefit you have a recognized degree of mental disability of less than 33 percent, even though the contributions to the pension plan have been made under the special regime, exemption will not apply. ##1##.

Likewise, it must be taken into account that benefits derived from contributions made to pension plans in accordance with the general regime will not be eligible for this exemption, even if the taxpayer has a recognized disability. In this sense, the consolidated or economic rights generated with contributions made to pension plans of the general regime can under no circumstances qualify for the special regime provided for pension plans for people with disabilities, since the option of the special regime must be prior. to make contributions.

Note: Since January 1, 2015, the exemption limit is no longer joint and is applied individually and separately for each of the two previous returns.