{"id":3063,"date":"2018-03-30T17:35:25","date_gmt":"2018-03-30T17:35:25","guid":{"rendered":"http:\/\/www.inforconta.com\/?p=3063"},"modified":"2018-03-30T19:18:22","modified_gmt":"2018-03-30T19:18:22","slug":"work-out-your-spanish-personal-income-tax-is-it-over-55-000e","status":"publish","type":"post","link":"https:\/\/inforconta.online\/wp\/fr\/work-out-your-spanish-personal-income-tax-is-it-over-55-000e\/","title":{"rendered":"WORK OUT YOUR SPANISH PERSONAL INCOME TAX"},"content":{"rendered":"

JUST LANDING?<\/p>\n

HOW TO CALCULATE YOUR SPANISH PERSONAL INCOME TAX… AND WHY YOU NEED TO READ THIS IF YOU PLAN TO MAKE OVER 55 000\u20ac OF ANNUAL INCOME IN SPAIN<\/p>\n

In Spain, half of your tax goes to the central state, the other half to the autonomous region. In this example, we\u2019ll consider that you\u2019ve just landed in Catalonia. Here is the kind of information you\u2019ll find on official websites:<\/p>\n

2017 rate :\u00a0<\/strong><\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a><\/p>\n

The first column is the taxable income, the last one the rate. The rate (tipo) apply to each bracket: \u00a0In Catalonia, in the first one up to 17 707, 20\u20ac of taxable income, your tax rate is 12%. From +17 707,20 to 33 007,20 your tax rate is 14 %, etc.<\/p>\n

Note that you need to calculate this twice with the Central State and autonomous region rate and sum them up. (the actual maximum rate is 25,5+22,50 = 48%)<\/p>\n

 <\/p>\n

Let\u2019s take an example for a gross salary of 40.000\u20ac:<\/strong><\/p>\n

You will support around 2.540\u20ac of social insurance contribution which are deductible plus a general deduction of 2.000 additional euros.<\/p>\n

The taxable net income will then be 35.460\u20ac<\/p>\n

Over this you need to apply the tax rate table<\/p>\n

The calculation will then be \u2013 estimation done over 2017 rates – :<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
17.707,20<\/td>\n12%<\/td>\n2.124,86<\/td>\n<\/td>\n<\/tr>\n
15.300,00<\/td>\n14%<\/td>\n2.142,00<\/td>\n<\/td>\n<\/tr>\n
2.452,80<\/td>\n18,5%<\/td>\n453,77<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n4.720,63<\/strong><\/td>\nAutonomica<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
12.450,00<\/td>\n9,5%<\/td>\n1.182,75<\/td>\n<\/td>\n<\/tr>\n
7.750,00<\/td>\n12%<\/td>\n930,00<\/td>\n<\/td>\n<\/tr>\n
15.000,00<\/td>\n15%<\/td>\n2.250,00<\/td>\n<\/td>\n<\/tr>\n
260,00<\/td>\n18,5<\/td>\n48,10<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n4.410,85<\/strong><\/td>\nEstatal<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Deduction of 5.500 for young person without children<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
5500<\/td>\n12<\/td>\n660<\/td>\n<\/td>\n<\/tr>\n
5500<\/td>\n9,5<\/td>\n522,5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n4.720,63<\/td>\nAutonomica<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n-660,00<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n4.060,63<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n4.410,85<\/td>\nEstatal<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n-522,50<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n3.888,35<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTOTAL TAX<\/strong><\/td>\n7.948,98<\/strong><\/td>\n<\/td>\n<\/tr>\n
<\/td>\n\u00a0<\/strong><\/td>\n\u00a0<\/strong><\/td>\n\u00a0<\/strong><\/td>\n<\/tr>\n
\u00a0<\/strong><\/td>\nTAXABLE Income<\/td>\n35.460,00<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n% taxes<\/strong><\/td>\n22,4167569<\/strong><\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

The result is 22,41% of your taxable income, or 19,87% of your 40 000\u20ac gross annual income.<\/p>\n

At 45.000\u20ac gross the taxable income would be of 40.143\u20ac and you would pay 9.671\u20ac so 24% over the taxable income and 21,50% over the gross.<\/p>\n

At 55000\u20ac gross with a taxable of 50.143 then the rates would be of 24,30% and 26,66% and you\u2019ll pay 13.371\u20ac of tax.<\/p>\n

 <\/p>\n

When your tax rate is over 24% of your gross annual income, you might consider to apply for a special tax regime, called \u201cBeckham regime<\/a>\u201d, a special tax treatment meant originally for football players coming to Spain for a few years.<\/p><\/blockquote>\n

 <\/p>\n

In this regime, a 24% flat rate applies the first year you qualify as a tax resident and the five following years. <\/strong><\/p>\n

During this period, you are not considered a Spanish tax resident and therefore don\u2019t have to file the foreign asset declaration (see:\u00a0modelo 720<\/a><\/strong>).<\/p>\n

Note that under this special regime, only your Spanish income is taxable, unlike the normal regime (tax resident) where your worldwide assets and income should be declared.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

JUST LANDING? HOW TO CALCULATE YOUR SPANISH PERSONAL INCOME TAX… AND WHY YOU NEED TO READ THIS IF YOU PLAN TO MAKE OVER 55 000\u20ac OF ANNUAL INCOME IN SPAIN In Spain, half of your tax goes to the central state, the other half to the autonomous region. In this example, we\u2019ll consider that you\u2019ve […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[213,166],"class_list":["post-3063","post","type-post","status-publish","format-standard","hentry","category-non-classifiee","tag-beckham-fr","tag-tax-return-fr"],"_links":{"self":[{"href":"https:\/\/inforconta.online\/wp\/fr\/wp-json\/wp\/v2\/posts\/3063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inforconta.online\/wp\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inforconta.online\/wp\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inforconta.online\/wp\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/inforconta.online\/wp\/fr\/wp-json\/wp\/v2\/comments?post=3063"}],"version-history":[{"count":0,"href":"https:\/\/inforconta.online\/wp\/fr\/wp-json\/wp\/v2\/posts\/3063\/revisions"}],"wp:attachment":[{"href":"https:\/\/inforconta.online\/wp\/fr\/wp-json\/wp\/v2\/media?parent=3063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inforconta.online\/wp\/fr\/wp-json\/wp\/v2\/categories?post=3063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inforconta.online\/wp\/fr\/wp-json\/wp\/v2\/tags?post=3063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}