Find here rates, allowances and declaration thresholds for Spanish tax income tax returns. Other useful information and services for Spanish income tax payers on this site:

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Spanish income tax 2010 - Full Guide

Spanish Tax Advice - services and prices

Spanish married couples taxation

Tax rates applicable for 2010 tax returns (relating to calendar year 2009)

Rate for capital gains and investment income 18%

(NOTE: rises next year to 19% for income up to €6.000 and 21% above €6.000)

Rate for other income after allowances and deductions

€0-€17.707 24%

€17.707-€33.007 28%

€33.007-€53.407 37%

Above €53.407 43%

Personal allowances

Individual €5.151

65 and over €6.069

75 and over €7.191

 

Disability allowance

Grade 33-65 €2.316

Grade 65-100 €7.038

Add if 3^rd party care required €2.270

Additional allowances for children (less than 25, living in and income less than €8.000):

One child €1.836
Two children €2.040
Three children €3.672
Four or more children €4.182

Add for child under 3 €2.244

Additional allowances for mother or father living in (conditional on their income being less than €8.000):

Over 65s €918

Over 75s €1.122

Earned income allowance (includes pension income)

Earnings up to €9.180 €4.080

Earnings over €13.260 €2.652

(sliding scale applies for income between the two limits)

Dividends receivable tax free €1.500

Declaration thresholds

Allowable levels of income before a declaration must be made:

Earned income already subject to employer deductions €22.000

(and other income less than 1.500€)

Reduced limit if earned from more than one employer €11.200

Bank interest and other investment income €1.600

Rent €1.000

If you have any further questions, require clarification on any point or you would like to discuss our services, please contact James Baker. He is a UK chartered accountant now registered inSpain. Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it