Spanish tax on UK pension lump-sum payout


This topic contains 1 reply, has 2 voices, and was last updated by Profile photo of Mark Stücklin Mark Stücklin 2 months, 2 weeks ago.

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  • #195209
    Profile photo of Del

    Dear Mark Stucklin,

    In your home-page, you refer to how the Spanish tax system taxes UK lump-sum payouts in Spain. I believe you indicate ´The total value – minus the premiums paid – then 60% of the result taxed at 19%. I have seen a similar explanation on internet, but with completely different figures. However, I have refered to the ´in English´ version of the Agencia Tributaria Website and cannot find any reference to lump-sum taxation – this could be because not all of the ´in English´ site is in English and I do not have Spanish. I have also spoken with a Spanish aquaintance, who is certain that lump-sums are taxable in full.

    Would you kindly confirm that your information is correct/up-to-date and where/how it is referred to by the Agencia Tributaria? Of course, if there is anyone else with information regarding the subject, I would be grateful for your comments also.

    Kind regards, Victor Derek Bridger

  • #195228
    Profile photo of Mark Stücklin
    Mark Stücklin


    I don’t write about cross-border tax issues because I don’t have the qualifications to do so. You may have seen something written by one of the specialists I collaborate with, but I can’t find any reference to the text you refer to. Can you find a link to the article and post it here?


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