Welcome to our Spain Tax Calculator page! Here, you can easily estimate your taxes based on your income and financial details. Our tool is designed to provide quick and accurate calculations to help you understand your tax obligations in Spain. This tax calculator works both for progressive tax calculation as well as for Beckham’s law.
How to Use the Spain Tax Calculator
Just enter your annual/monthly income before taxes to see the entire tax breakdown. This is also a Beckham law calculator, meaning, you just need to check the ‘beckham law’ checkbox if you need to compare the taxes between the progressive tax regime and the special tax regime for expats.
Understanding the Beckham Law
The Beckham Law offers significant tax benefits for expats moving to Spain. This special tax regime allows eligible individuals to be taxed as non-residents, resulting in a flat tax rate on their Spanish income.
Key Benefits of the Beckham Law
- Flat Tax Rate: A flat tax rate of 24% on Spanish income up to €600,000 and 47% on income above this threshold.
- Exemption from Global Income: Only income earned in Spain is taxed, exempting your global earnings from Spanish taxes.
- Substantial Savings: By applying for the Beckham Law yourself, you can save over €500 in legal fees.
How to Apply for the Beckham Law
Applying for the Beckham Law involves understanding the eligibility criteria and following a specific application process. Our comprehensive video guide can help you navigate this process with ease, ensuring you maximize your tax benefits without the need for expensive legal assistance.
Eligibility Criteria
- You must not have been a resident in Spain for the previous ten years.
- You must have a job offer from a Spanish company or be transferred to Spain by a foreign company.
- You must apply within six months of starting your employment in Spain.
Additional Resources
- Comprehensive Guide to the Beckham Law: Learn everything you need to know about the Beckham Law.
- How to Apply for the Beckham Law: Step-by-step instructions to help you apply successfully.