On 29.06.2015 we have published an article referring to the taxation on savings income 2015, Income tax 2015, Taxation on savings income 2015, but this has been cancelled by a new Royal Decree published in the Spanish Official State Gazette in which it was decided to decrease this tax.
On the 11th July 2015 a Royal Decree was published in the Spanish Official State Gazette in which urgent measures were taken to decrease the tax for all tax payers related to the Income Tax for Natural Persons amongst others.
Good news also for the residents in Spain for whom the taxes on savings income had already been reduced.
Tax base of savings – Up to, in euros Fee – Euros Remaining tax base of savings – Up to, in euros Applicable percentage – 0 0 6.000 19,5 6.000,00 1.170 44.000 21,5 50.000,00 10.630 And more 23,5
Contac now our law firm in Marbella, Málaga, Spain for any legal, tax or accountancy issue.
María Teresa Arcos, lawyer in Marbella.
Wim Lamers, accountant (economist) in Marbella.
- Law in Spain, Spanish Inland Revenue, Spanish tax, Tax Advice Marbella,