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27 Aug 2010 2:13 PM:
Hi Sue, Yes I have. I used EUR 5,151 for Spain, EUR 19,500 for Cyprus amd GBP 6,495. I didn't do a great deal of research and was rather hoping someone might tell me I'm talking through my rear regarding Spain as the taxes seem to be so astonishingly high. Although it must be said that Spain's top rate is only 43%, compared with 50% in UK (but only on income over GBP 150,000!)
Thread: Income Tax Rates in Spain
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27 Aug 2010 12:00 AM:
As a precursor to possible retirement in Spain, I've looked at this forum for a few years now and find it so interesting and enlightening. I'm surprised however to have seen little comment on Income Tax rates in Spain. As an expat Brit, currently living in Cyprus, I thought it might be interesting to compare the amounts of income tax payable on various levels of income with UK and my present home. Tax payable in each country on income ranging from €20,000 to €60,000 is as follows (£1 converted as €1.22). Spain seems to be very, very highly taxed, or am I missing something here?
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Spain |
UK |
Cyprus |
Income |
Tax payable |
Tax payable |
Tax payable |
€ |
€ |
€ |
€ |
20000 |
3564 |
2420 |
100 |
30000 |
6249 |
4420 |
2200 |
40000 |
9215 |
6420 |
4885 |
50000 |
12915 |
8420 |
7885 |
60000 |
16702 |
11714 |
10885 |
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Thread: Income Tax Rates in Spain
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06 May 2009 9:38 AM:
Many thanks Sanchez1. I'm downloading Ubuntu now and will give it a try. I've developed a pathological hatred of all things Microsoft over the years so the Ubuntu/OpenOffice route seems like a gift from heaven!
Thread: rentals
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06 May 2009 8:00 AM:
My new laptop came with Vista installed so I thought I would play with it for a week or two before transferring files from my old computer. For me, I couldn't see a single advantage in Vista over XP and others I discussed it with were of the same opinion. Fortunately, the new laptop, a Sony, had a downgrade option to allow me to replace Vista with XP. All works fine, at least it does inasmuch as Windows ever "works fine!" Just wish I had the nerve, time and sufficient interest to try linux!
Thread: rentals
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