Tax Rates and Allowances Spain 2017/2018/2019

Information files available in our Library, Taxation section, or click the link below for direct access.

NATIONAL

Update: for allowances valid for RENTA 2019 (declaration 2020) please click

THIS LINK

And for the earned income allowances: this info from the Agencia Tributaria website:
Determination of reduced net return
Reduction for work returns
For the 2019 financial year, in order to reduce the tax burden of workers with lower incomes, both the amount of the reduction for obtaining work income (up to 5,565 euros per year) and the threshold of net work income that allow to apply this reduction (up to 16,825 euros).

In this way, taxpayers who obtain net income from work in 2019 of less than 16,825 euros, as long as they do not have income, excluding exempt income, other than from work greater than 6,500 euros, will reduce the net income from work in the following amounts :

Taxpayers with net income from work equal to or less than 13,115 euros: 5,565 euros per year.
Taxpayers with net income from work between 13,115 and 16,825 euros: 5,565 euros less the result of multiplying by 1.5 the difference between work income and 13,115 euros per year.

REGIONAL

Update: for regional allowances valid for RENTA 2019 (declaration 2020) please click

THIS LINK

For income tax thresholds, see this FAQs from our website.

Please note: The information provided is based upon our understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. We recommend that if you are considering taking action, you should seek professional advice.