| How much can you make in Barcelona? |
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Working in Spain has pros and cons. One of the negative aspects is a lower salary rate than the average of Europe. Some examples of what you can expect to earn in different job positions, gross per year, below: Income tax rates For average salaries, the income tax rate is around 12 – 15 %. E.g. if you receive € 20.000 gross a year your monthly net will be approximately € 1350. As a foreigner, the first 6 months in a year you will be deducted 24% in tax, but this evens out the next 6 months (e.g. you pay 24% during 6 months and the next 6 months you pay 2% in taxes). Spain uses progressive tax scale which means the higher your salary is the more is deducted. Here is a very helpful website where you can calculate your salary after taxes: www.calculatusueldo.com. “Paga extra” Note that, in Spain, some companies might pay you slightly less every month but will give you an extra wage in the summer and for Christmas. |