Taxes in Spain

If you are becoming a resident in Spain, it’s important to know that you will be liable to pay tax in the country.

The below information was prepared and designed to help you understand your tax responsibilities as an Expat in Spain. It’s important you also check your tax responsibilities in your home country.

❓ Frequently Asked Questions

As an Expat, do I have to pay taxes in Spain?
How do I pay taxes in Spain?
What is The Beckham Law?

💰 Income Tax in Spain

Income taxes in Spain follow the progressive structure adopted in most countries, meaning the more you earn, the higher the bracket you’ll fall under. This applies to both Spanish Nationals and Expats, however, there is a special scheme for Expats to pay a reduced tax rate, known as the Beckham’s Law.
As of 2024, the Income Tax brackets are as follows:

a) Up to €12,450: 19%
b) €12,451–€20,200: 24%
c) €20,201–€35,200: 30%
d) €35,201–€60,000: 37%
e) €60,001–€300,000: 45%
f) More than €300,000 47%

A common misconception is that all of your salary will be subject to the Tax bracket you fall under. I.e. If I earn €50,000, I will pay 37% in Tax. This is incorrect, as you would pay 19% in your first €12,450, 24% from €12,451 to 20,200, and so on. To better estimate your Income Tax burden, check out our Tax calculator.

🤑 Calculate your Income Tax in Spain

Input your annual Income below to get an estimation of your expected income tax
Calculate Taxes
Gross Monthly Salary
Monthly Income Tax
Monthly Social Security
Monthly Take-Home Pay
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*This tax breakdown is only an estimation, and should NOT be used to settle your taxes. The calculator does not take into account tax rates for different cities, and it assumes you are elegible for the standard personal allowance of €5,500 which may vary person to person.

⚽️ Tax Reduction Scheme for Expats aka The Beckham’s Law

The Beckham’s Law is a special reduced tax regime that benefits foreign professionals in Spain. It aims to benefit new Expats in Spain with a lower tax rate than is applied to long-term residents.

Expats who qualify are able to have their income taxed at a flat rate of 24%, up to 600,000 Euros, instead getting tax via the progressive tax brackets.

It is commonly known as the Beckham’s Law because the footballer was one of the first to take advantage of the tax benefit when he transferred to Real Madrid FC.

Calculate your Savings with Beckham's Law 👇

Input your annual Income below to get an estimation of your expected savings in income tax*
Calculate Taxes
Gross Monthly Salary
Monthly Income Tax
Monthly Social Security
Gross Monthly Salary
Monthly Income Tax
Monthly Social Security
Monthly Take-Home Pay
Monthly Take-Home Pay
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

*This tax breakdown is only an estimation, and should NOT be used to settle your taxes. The calculator does not take into account tax rates for different cities, and it assumes you are elegible for the standard personal allowance of €5,500 which may vary person to person.
Learn How to Apply for the Beckham Law

Declaring Taxes in Spain

If you’re a Tax resident in Spain, you will normally have to submit your tax return between April 11 and June 30 of every year, for the latest tax year. For example for 2024, you must submit your tax returns by 30th of June 2025.

So what are the necessary steps to successfully submit your Tax returns in Spain as an Expat?
Get your NIE
Without your NIE, you won’t be able to legally reside in Spain. This is the number that will allow you to do most of the administrative stuff in Spain.
Get Your NIE
Register for Cl@ve
Once you have your NIE, you will be able to request cl@ve credentials, which will give you access to your Agencia Tributaria Account. From this portal you will be able to submit tax related forms.
Get Cl@ve Access
Register for Taxes
If your employer doesn’t register you for Taxes, you will need to do so by submitting Model 030. This is to make sure you’re in the system when your start earning in the country, so you must register as soon as possible.
Submit your Tax Form
Modelo 100 is the standard Form that summarizes your Tax returns for the year. This can be submitted via your agencia Tributaria Account. It’s important to note that if you have Beckham’s Law, your tax form will not be Modelo 100, it will be a different one!

Other Taxes in Spain

Although Income Tax is the most common type of Tax in Spain, there is a range of other types of Taxes you should be aware of. These include, but are not limited to:
Capital Gains Tax
If you sell an asset, like a property or shares, you may be liable to pay capital gains tax, which can range between 19% and 26% depending on how much you profit.
Wealth Tax
If you own assets valued at €10 Million or more, you may be required to pay up to 3.5% in Taxes. If this is your case, we recommend you to check with a specialized lawyer or Tax Advsior.
Property Tax
If you own a property in Spain and are living in it at the start of the year, you have to pay a local property tax, known as Impuesto sobre Bienes Inmuebles (IBI).

Need more help? Speak to an Advisor today!

Disclaimer: Matutto is not a law firm, bank, accountant or tax/investment advisor. Matutto acts only as an intermediary, facilitating the process of submitting requests for Expats relocating to Spain. Matutto cannot guarantee any application results.