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How much tax will I pay as autonomo?

How much tax will I pay as autonomo?

Old Feb 11th 2019, 6:48 am
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Default How much tax will I pay as autonomo?

Hello! This is my second post in this board (if someone is reading my post history and wondering no I did not end up getting my visa for the states!).

I currently run a LTD in UK but relocating to Valencia in April.

I will continue working remote for my US based client. I know that if I live in Spain I would have to pay taxes there but I was wondering how much would that be on, let's say, a 100k euro income? I used an online calculator which gave me back 57k annual take home tax which seems pretty low compared to what I earn with having my taxes paid in UK,
Since my only client is based in the US, I read that I do not have to invoice IVA (VAT). Does that mean that I am exempt from paying that and the take home would be higher?

Not really important but I am a dual UK/EU citizen so not gona be affected from Brexit.
Thank you so much for your help!

Last edited by elois88; Feb 11th 2019 at 7:03 am.
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Old Feb 12th 2019, 7:53 am
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Default Re: How much tax will I pay as autonomo?

a complicated situation, and you would be better off talking to a gestor.
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Old Feb 12th 2019, 11:02 pm
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Default Re: How much tax will I pay as autonomo?

Remember that Spain does not have the same (generous) zero rate band that the UK has on personal income. Mind you the calculator will not have taken into account personal allowances I presume.
It may be more beneficial (in order to avoid the higher rate band) to look into forming a Spanish Ltd company (SL) and pay yourself in dividends.
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