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:
Do you have to complete a Spanish Tax Return?
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
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Disability allowance
Grade 33-65 €2.316
Grade 65-100 €7.038
Add if 3rd 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:
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