Spain · 2025
Spain Capital gains tax calculator
Work out the Spanish IRPF due on a net capital gain for the 2025 tax year. In Spain, capital gains are taxed in the savings base (base liquidable del ahorro) on a progressive scale that combines a state and an autonomous half, applied identically across regions. Interest and dividends share this same base. There is no annual capital-gains allowance, so the gain is taxed from the first euro.
| Net capital gain | 10.000,00 € |
| Annual tax-free allowanceSpain has no annual capital-gains allowance | 0,00 € |
| Taxable savings base | 10.000,00 € |
| Savings tax (19%-30% scale) | -1980% |
| Gain after tax | 8020,00 € |
| Effective rateTax as a share of the gain | 19.8% |
How it works
- Net your capital gains against any capital losses for the year to get the taxable savings base. This calculator takes that net gain as its input.
- Apply the 2025 savings scale: 19% on the first EUR 6,000, 21% from 6,000 to 50,000, 23% from 50,000 to 200,000, 27% from 200,000 to 300,000, and 30% above 300,000.
- Each rate already combines the state half and the autonomous half of the scale, so the result is the total tax most residents pay regardless of region.
- Some gains are exempt and are not entered here: the sale of a main home reinvested in a new one within two years, and the sale of a main home by a taxpayer over 65.
Worked example
A net capital gain of EUR 60,000 in 2025 is taxed at 19% on the first 6,000 (1,140), 21% on the next 44,000 up to 50,000 (9,240), and 23% on the final 10,000 (2,300), giving EUR 12,680 of tax.
Frequently asked questions
Is there a tax-free allowance for capital gains in Spain?+
No. Unlike the UK, Spain has no annual capital-gains exemption. The savings scale applies from the first euro of net gain. The personal minimum (5,550 EUR) reduces the general base, not the savings base, in the normal case.
Does my salary or other income change the rate on my gains?+
No. Capital gains are taxed in a separate savings base with its own scale, independent of your employment income, which is taxed in the general base. So this calculator does not ask for your salary.
Why is the top rate 30% and not 28%?+
The top bracket on savings income above 300,000 EUR rose from 28% to 30% for 2025 (a 15% state half plus a 15% autonomous half). The five brackets are 19, 21, 23, 27 and 30 percent.
Are interest and dividends taxed the same way?+
Yes. Interest, dividends and capital gains all sit in the same savings base and are taxed together on this scale. If you have several types of savings income, add them before entering the total here.
Sources
- Agencia Tributaria - Manual IRPF 2025: Gravamen estatal de la base liquidable del ahorro · Agencia Estatal de Administracion Tributaria
- Agencia Tributaria - Manual IRPF 2025: Gravamen autonomico de la base liquidable del ahorro · Agencia Estatal de Administracion Tributaria
Last updated: 2025-01-01 · Applies to 2025
This is an estimate for general guidance, not financial, tax, legal or medical advice. Figures can change and individual circumstances vary. Always confirm with the official sources listed before making decisions.
- Covers net capital gains taxed in the savings base on the 2025 combined state plus autonomous scale.
- Assumes gains are already netted against losses. Does not apply exemptions (main-home reinvestment, over-65 sale, life-annuity reinvestment).
- Does not cover the Canary Islands, Ceuta or Melilla specifics, nor regional deductions that may marginally alter the autonomous half.
Reviewed by Vikas Dulgunde.