How the Beckham Law Tax Calculator Works

Our Beckham Law tax calculator provides an accurate comparison between Spain's special expatriate tax regime (Beckham Law) and standard Spanish resident taxation (IRPF). The calculator considers your employment income, foreign income sources, autonomous community of residence, and potential wealth tax implications.

Under the Beckham Law, you pay a flat 24% tax on Spanish employment income up to €600,000, with amounts above taxed at 47%. Most importantly, all foreign-source income remains completely exempt from Spanish taxation during your six-year regime period. Learn more about the Beckham Law requirements and application process.

Key Calculation Factors:

  • ✓ Employment income taxed at 24% (up to €600,000) vs progressive rates up to 47-54%
  • ✓ Foreign income: 0% tax under Beckham Law vs full taxation under standard IRPF
  • ✓ Wealth tax applies only to Spanish assets under Beckham Law
  • ✓ Regional variations affect standard IRPF rates (Madrid 43% vs Valencia 54%)
  • ✓ Social security contributions capped at €3,818 annually for both regimes

Understanding Your Beckham Law Calculation Results

Employment Income Taxation

The calculator applies the Beckham Law's flat 24% rate to your Spanish employment income up to €600,000. Any amount above €600,000 is taxed at 47%. This compares favorably to standard IRPF progressive rates that can reach 47-54% depending on your autonomous community.

Foreign Income Treatment

One of the Beckham Law's greatest advantages is the complete exemption of foreign-source income. The calculator shows €0 tax on all foreign dividends, rental income, and capital gains under the Beckham Law, while these would be fully taxed under standard Spanish resident taxation.

Regional Tax Variations

Your choice of autonomous community significantly affects standard IRPF taxation but doesn't impact Beckham Law rates. Madrid offers the lowest combined rates at 43% for top earners, while Valencia reaches 54%. The calculator adjusts standard IRPF calculations based on your selected region.

Wealth Tax Implications

Under the Beckham Law, wealth tax applies only to Spanish assets with a €700,000 exemption. Madrid and Andalusia offer 100% wealth tax relief, while regions like Catalonia and Valencia impose rates up to 3.5%. The calculator estimates wealth tax based on your Spanish asset value and selected region.