Income Tax Rate in Spain is one of the lowest rate of income tax in the World. Lowest Tax rate is 15.66% and highest rate is 27.13% .
| Income Slab | Income Tax Rate % |
| €0-€17,707 | 15.66% |
| €17,707-€33,007 | 18.27% |
| €33,007-€53,407 | 24.17% |
| More than €53,407 | 27.13% |
INCOME TAX ALLOWANCE IN SPAIN 2013
Tax payers are eligible to get tax free personal allowance of €5,131 which is available to all single tax payers without dependents. Tax credit amount is subtracted from the gross income before calculating tax amount.
Note: Tax Rates mentioned above are indicative only. Please check from the particular department for accurate tax rate
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