Taxes in Spain
 

Taxes question.


Let´s assume a pilot earns €100.000 a year, and lives (being a resident or citizen) in Madrid, the question is how much wil he/she be paying in taxes per year?

I´ve been told about 30% of gross yearly salary is conservative..but that probably includes state pension contributions...

Any clues?

Thanks!

Make that 45%, which is including social security.

45% on the entire amount, or is is in brackets like UK/EI? How about tax-benefits in Spain?

As an expat you can pay a flat rate of 25% tax in spain. It has recently been introduced. No deductions then just the flat rate of everything you earn..

Thank you Ramsey,

How do you understand "Expat"? Is anybody with a resident status outside Spain, tax status outside Spain or outside the EU?

Is that in the new 2007 tax law? I´ve seen there are some changes..

Have you got a web site regarding Spanish taxes? (I can read in Spanish)


Thanks again


Toofast

:hmm:

This might be what you are looking for.

http://www.meh.es/portal/

:eek:

Interesting.......


does anyone know what a British pilot living in France but working out of the UK would pay in tax?

Duff Beer,

You'd be liable to Gordon for tax on all salary earned in the UK.

You'd need to contact either a tax advisor or the Inland Revenue for further information.

Sarah737,

Regarding Spanish Taxes:

Just checked and could not find the 45% tax figure in any possible tax combination.

Somebody posted the idea that it´s 25% taxes for expats living in MAD

Could not find that either,

Need HELP!!

Toofast

last year i ve made 97000 eu. 85000 salary and 12000 duty pay whith are tax free ( max free of tax its about what ezy offers in spanish contract,
i have pay 27300 in tax irpf and social security
so from 85000, 27000 make your numbers, in may i will fix with the public tax administration , and i get back money back 15% of my pesion, 15% for my mortage up to 9000eur yerar ,and some for each kid, y use to take back 4000,
hope this helps, this are my figures, i put it hear to illustrate, not to open a new thread, hope you understad, when your incomes increase the percentage also increase, tell my if its enaugh, if not i,ll get more specific, from my lawyer

Taxes scale depends on what you aern, but 100.000€/year you pay 45% taxes, you could find info on www.aeat.es (taxes goverment agency) but I doubt if it´s in English. Any way you can deduct on lot´s of things (mortage, kids, pension...) Better to talk with a Tax specialist, many around here, you can get aorund 4000-6000 back every year.

Thank you all of you....very useful info...

Taxes will absolutely change your final figure... it´s really critical

Anybody wants to ad more info?


Cheers

try this webpage http://www.strongabogados.com, it´s in english for british
hope it helps

Hi all, I am abritish pilot working in Madrid and have got some answers for you. If you have not worked in Spain before (or las 10 ears I think) you can apply for what they call here 'Beckhams Law' yes he did something right!

This rule allows a non-spanish immigrant to apply to be treated as a non resident for tax purposes for a 5 year period. During that time you only pay 24% tax on your total spanish income.

After that time you revert to normal spanish tax laws, yes a top rate of 45% for more than 45000 euros, wealth tax, and the rest on your worldwide earnings and holdings.

I applied for the beckhams law status in November, but this being spain I have had no reply yet - you get used to that!

The other thing to check is how often you get paid, Spanish custom is to divide your pay into 14 equal payments, with two given in July and december. This is actually quite a nice way of getting your cash, well it is for me, saves me having to remember to save for the holiday each month.

You will also pay Spanish social security, for me on 100000€ thats about 200 per month.

Oh, and the weather's nice, the people are great and in general it is cheaper to live here than the UK.

Good luck with your decision, I haven't regretted mine so far!!:ok:

Pilot employment in Spain
 

I am a soon to retire (age 60) A320 Captain for a major US airline. I would like to fly for a Spanish carrier or European carrier with crew bases in Spain. Can anyone advise me if any of the carriers accept the FAA ATP or do all require a JAA rating? Any advice on converting an FAA to JAA? Also, any opinions on best Spanish carrier? I have contacted both Vueling and Clickair so far. thanks for any assistance.

PANTHER

two considerations:

-Spain is following the JAR-FCL rules. So a problem with your FAA ATP. Conversion is possible with writing parts of ATP theory

-Spain as a member of the EU requires the right to work in the EU. Do you have a second passport, IRISH, GERMAN or similar?

If you realy want to go over 60 without to many problems, try India!