The 24% tax rate

Break down the 24% flat rate under the Beckham Law: general vs savings base, social security, withholdings, and annual filing.

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The 24% flat rate is the Beckham Law’s headline benefit, but it applies differently to different income types. This video explains the general base (employment, freelance, rentals) vs savings base (capital gains, dividends, interest), and why most people see real savings above ~60k€.

You will learn how social security is separate, how employers withhold tax, and what happens at year-end filing (Form 151): refunds or payments. It’s essential for accurate budgeting.

If you are moving to Spain for work, this video gives you the full picture of your monthly take-home and tax obligations.

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Intellectual author
Picture of Raúl González

Raúl González

Tax lawyer in Spain focused exclusively on Beckham Law cases since 2019.

Picture of Raúl González

Raúl González

Tax lawyer in Spain focused exclusively on Beckham Law cases since 2019.

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