1. What is the Beckham Law?

The Beckham Law (Special Tax Regime for Expatriates) is a Spanish tax regime that allows qualifying foreign workers to pay a flat 24% income tax rate instead of the progressive Spanish tax rates, which can go up to 47%.

2. How Does the Calculator Work?

The calculator uses the Beckham Law formula:

Where:

• Gross Pay — Annual salary in EUR
• 0.24 — Flat income tax rate (24%)
• 0.062 — Approximate social security contribution rate (6.2%)

Explanation: The calculation deducts the flat 24% income tax and approximate social security contributions from the gross salary.

3. Importance of Net Pay Calculation

Details: Understanding your net pay under Beckham Law helps in financial planning and comparing job offers in Spain versus other countries.

4. Using the Calculator

Tips: Enter your gross annual salary in EUR. The calculator will show your estimated tax, social security contributions, and net pay.

5. Frequently Asked Questions (FAQ)

Q1: Who qualifies for Beckham Law?
A: Foreign workers moving to Spain for work who meet certain conditions (not tax resident in Spain previous 5 years, employment contract, etc.).

Q2: How long does Beckham Law last?
A: The special tax regime applies for 6 tax years (the year of relocation plus 5 more).

Q3: Are social security rates fixed?
A: No, they vary slightly by employment type and region. This calculator uses an approximate rate.

Q4: What's not included in this calculation?
A: Additional deductions like health insurance, pension contributions, or other voluntary deductions.

Q5: Can I opt out of Beckham Law?
A: Yes, you can choose to be taxed under the regular Spanish tax system if it's more beneficial.