Tax On Salary In Spain?

Tax On Salary In Spain
2020 income tax rates

Taxable income band € National income tax rates
0 to 12,450 19%
12,451 to 20,200 24%
20,201 to 35,200 30%
35,201 to 60,000 37%

Nog 1 rij.

How is salary calculated in Spain?

Taxation in Spain – Income Tax is a progressive tax and it ranges from 13% to 53%. The standard personal allowance is 5,550 EUR for individuals under 65 years old with no dependants. The employer withholds the employee’s income tax and transfers the payment to the tax authorities on a monthly basis.

The personal income tax is also called Impuesto de Renta sobre las Personas Fisicas or IRPF. Social Security Contributions is a tax paid by both the employee and the employer. The standard rate for the employee is 6.

35%, while the employer pays at least 29. 90% of an employee’s salary, depending on the occupation. Social security contributions in Spain have a minimum and maximum cap determined by the employee’s level of studies. In order to give a good indication on the lowest take-home pay an employee can expect, our calculator assumes the highest minimum and maximum caps.

How is tax calculated in Spain?


Value added tax [ edit ] – VAT (IVA in Spanish: impuesto sobre el valor añadido or impuesto sobre el valor agregado ) is due on any supply of goods or services sold in Spain. The current normal rate is 21% which applies to all goods which do not qualify for a reduced rate or are exempt.

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There are two lower rates of 10% and 4%. The 10% rate is payable on most drinks, hotel services, and cultural events. The 4% rate is payable on food, books and medicines. An EU directive means that all countries of the European Union have VAT.

All exempt goods and services are listed below.

  • Education provided by the state
  • Tutoring
  • Sporting services
  • Cultural services
  • Insurance
  • Postal stamps
  • Artists, writers, and composers

As of January 1, 2013, new properties are taxed at a reduced rate of 10%. Second-hand properties are not subject to VAT, but a transfer tax , known as Impuestos Sobre Transmisiones Patrimoniales or ITP. The tax is levied by the autonomous regional governments and therefore varies by region. The rate varies from 6% to 8%. .

What is a good salary in Barcelona?

Your gender still shapes your salary – Even though it’s 2022 Spain is still behind in getting gender pay equality. Unfortunately gender continues to negatively influence salary in Spain and women earn on average 4% less than their male counterparts.

Gender Average Gross Salary
Male € 2,770
Female € 2,660

Don’t use this factor as an indicator to settle on your gender-determined salary. Instead, use it as an incentive to get to the same level as men as a woman. Please reach out to [email protected] com if you have any suggestions or inquiries about the content on this page.

How many percent is tax on salary?

Calculate your personal income tax for 2022/2023

​Taxable income (R) Rates of tax (R)
488701 – 641400 115762 + 36% of taxable income above 488700
641401 – 817600 170734 + 39% of taxable income above 641400
817601 – 1731600 239452 + 41% of taxable income above 817600
1731601 and above 614192 + 45% of taxable income above 1731600


How much is residence tax in Spain?

Non-resident income tax (NRIT) rates – For non-residents, income obtained without a PE is taxed at the following rates:

  • General rate: 24%. For residents in other EU member states or European Economic Area (EEA) countries with which there is an effective exchange of tax information, the rate is 19%.
  • Capital gains generated from transfers of assets: 19%.
  • Interest: 19%. Interest is tax exempt for EU residents. Double taxation treaties (DTTs) normally establish lower rates.
  • Dividends: 19% (DTTs normally establish lower rates).
  • Royalties: 24% (DTTs normally establish lower rates).
  • Pensions are taxed at progressive rates (between 8% and 40%).