Income tax in Spain (2026)

In 2026, income tax in Spain runs from 18% to 45%. On a €70,000 salary you take home €48,165 a year, €4,014 a month.

Income tax rates

Top rate
45%
Lowest rate
18%
Tax-free allowance
None
VAT
21%
Capital gains
26%
The 2026 bands, in Euro
Income-tax bands of Spain, 2026, in Euro
Taxable income (after allowance)Rate
€0 to €12,45018%
€12,450 to €13,36220.5%
€13,362 to €19,00522.7%
€19,005 to €20,20024.8%
€20,200 to €35,20027.8%
€35,200 to €35,42631.3%
€35,426 to €57,32035.9%
€57,320 to €60,00039%
€60,000 to €300,00043%
over €300,00045%

Take-home pay by salary

Compare with other countries

Cost of living in Spain

Frequently asked questions

What are the income tax rates in Spain?

Income tax in Spain runs from 18% to 45%, in 10 bands.

Is there a tax-free allowance in Spain?

No — Spain has no general tax-free allowance.

What is the take-home pay on €70,000 in Spain?

On €70,000 in Spain you take home €48,165 a year — €4,014 a month.

2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details

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