UNDERSTANDING SPAIN'S INCOME TAX SYSTEM 💸🇪🇸 Employee, Self-Employed Tax and Social Security 

Spain's income tax system be be complex to understand and navigate, and is important for people moving to the country to understand how much they might expect to pay based on their situation. In this video I explain how income tax works in Spain, taxation by autonomous community, passive and active income taxation and also present a calculator I have developed to help you :)
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Mentioned in this video:
🔹 Become a channel member: / @millennialswithmoney
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🔹 Download the full calculator from my website:
🔹 Download the free calculator: millennialswithmoney.com/prod...
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Chapters:
0:00 - Intro
0:42 - Who pays tax in Spain?
1:26 - Work income taxation (base general)
3:27 - Taxation by autonomous community
6:13 - Investing income (base del ahorro)
7:20 - Social Security
9:17 - How to pay less tax
12:22 - Example 1: Autónomo
13:33 - Example 2: Employee
15:32 - Example 3: Non-economically active person
16:34 - Download my tax calculator!
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🔹 Website: www.millennialswithmoney.com
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Partners and Affiliates:
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About me:
Welcome to Millennials With Money!
My name is Jonny, I'm a financial analyst from the UK, currently living and working in Spain.
I created this channel to help and inspire young people to improve their financial situation and live life to the full by sharing my own experiences with money and living abroad.
I upload content on a weekly basis about personal finance, how to invest your money, tips to help you save more money, real estate and property, and travel and living overseas.
Everybody is welcome in the Millennials With Money community! Let's get this money!!!
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Music by Epidemic Sounds: share.epidemicsound.com/o6n1px
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#spain
#tax
#expat
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DISCLAIMER: The opinions and views shared on this channel are for entertainment and educational purposes only and are not to be taken as financial advice. Always conduct your own research prior to making any financial decision. Millennials With Money cannot be held responsible for any financial loss incurred from any decisions you make following this video.