Tax in Spain
Join Date: May 2006
Location: out of a suitcase
Posts: 26
Likes: 0
Received 0 Likes
on
0 Posts
Are you looking for the "Beckham" expat rule?
25% fixed income tax for the first 5 years.
Take care to look at various double taxation treaties between Spain and your habitual place of abode.
25% fixed income tax for the first 5 years.
Take care to look at various double taxation treaties between Spain and your habitual place of abode.
Join Date: Dec 2006
Location: madrid
Posts: 86
Likes: 0
Received 0 Likes
on
0 Posts
mod 149
opt with the form 149 within six months after your arrival in spain and you'll have a 24 % rate from the first euro during 5 years + the begun year.
otherwise it rises up to around 37 %
otherwise it rises up to around 37 %
Join Date: May 2000
Location: SV Marie Celeste
Posts: 655
Likes: 0
Received 0 Likes
on
0 Posts
If only it was that easy... just pitch up fill in a form and 24% tax. You guys are dreaming, the jury is still very much still out on this one. I am trying to apply and have been told not to hold my breath. Many factors come into it like domicile and others.
I have some rough figures for 3 years ago.
After passing through bands of 15%, 24%, 28% and 37% - anything over 45,000 euros taxable income is at 45%. I don't have the individual thresholds but you can see that for anyone on a pilot's salary then you are better off being taxed in the UK unless there are any dispensations for pilots. Could well have changed.
After passing through bands of 15%, 24%, 28% and 37% - anything over 45,000 euros taxable income is at 45%. I don't have the individual thresholds but you can see that for anyone on a pilot's salary then you are better off being taxed in the UK unless there are any dispensations for pilots. Could well have changed.
