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Income Tax in Spain

Posted: Tue Feb 8, 2022 8:53am
6 replies180 views5 members subscribed
Weemickeyd

Posts: 7

3 helpful points

Joined: 20 Feb 2019

Can anyone enlighten me about the tax situation in Spain. My wife and I are considering applying for residencia and are trying to gather as much information as possible. Looking at my personal finances, ir would appear my income tax bill would double in Spain compared to the UK. Can anyone let me know of their experiences of paying tax in Spain.

Herefordjack

Posted: Tue Feb 8, 2022 9:26am

Herefordjack

Super helpful member

Posts: 889

1115 helpful points

Location: Pego

Joined: 18 Dec 2017

Posted: Tue Feb 8, 2022 9:26am

PM me for more info.

Kelvin1960

Posted: Tue Feb 8, 2022 9:29am

Kelvin1960

Super helpful member

Posts: 1486

1769 helpful points

Joined: 5 Mar 2017

Posted: Tue Feb 8, 2022 9:29am

Depending on your personal circumstances, the income tax-take in Spain can be much higher than in Britain.

My wife and I (between us) pay around twice the tax in Spain compared to the UK.

The sunshine is far from free.

killjoy

Posted: Tue Feb 8, 2022 9:35am

killjoy

Super helpful member

Posts: 3230

1852 helpful points

Location: Orihuela Costa

Joined: 4 Nov 2017

Posted: Tue Feb 8, 2022 9:35am

Think about some 22% on your gross income.

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Cheryl

Posted: Tue Feb 8, 2022 10:50am

Cheryl

Legendary helpful member

Posts: 2973

3538 helpful points

Location: Albatera

Joined: 8 Jun 2017

Posted: Tue Feb 8, 2022 10:50am

https://www.abacoadvisers.com/ 

This company are recommend regularly on the forum and on such a complicated subject, a few euros invested with them now will surely pay in the long run, so no nasty surprises.

Weemickeyd

Posted: Tue Feb 8, 2022 10:56am

Weemickeyd

Original Poster

Posts: 7

3 helpful points

Joined: 20 Feb 2019

Posted: Tue Feb 8, 2022 10:56am

Cheryl wrote on Tue Feb 8, 2022 10:50am:

https://www.abacoadvisers.com/ 

This company are recommend regularly on the forum and on such a complicated subject, a few euros invested with them now will surely pay in the long run, so no nasty surprises.

Thank you for this information. Really helpful. 

Hshmcf1

Posted: Fri Feb 11, 2022 6:02pm

Posts: 1

Location: Monóvar

Joined: 10 Feb 2022

Posted: Fri Feb 11, 2022 6:02pm

Cheryl wrote on Tue Feb 8, 2022 10:50am:

https://www.abacoadvisers.com/ 

This company are recommend regularly on the forum and on such a complicated subject, a few euros invested with them now will surely pay in the long run, so no nasty surprises.

Thank you for this ,it's a starter for us ! 

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AA Free English TV
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interior building work
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