Income Tax in 🇪🇸 Spain

Tax brackets, effective rates, and net income calculations. Data from official government sources.

The Taxation score of 31/100 is the most challenging aspect of Spain's profile, reflecting a substantial fiscal burden. Tax revenue accounts for 36.5% of GDP, with a 21% VAT and a 25% corporate tax rate. Individual income tax brackets range from 19% to 47%, compounded by social contributions that can be significant, sometimes exceeding 600% of the employee contribution for employers, creating a notable deduction from gross income for both individuals and businesses. This system demands meticulous financial planning from anyone considering a move.

Data last updated: May 2026 · Sources: Official tax brackets and social contributions from Spain fiscal authority. See methodology.