Profit tax (ahorros) changes in Spain 2023

[Erwin Groenendijk]

For everybody who is investing in Spain and especially flipping properties, have the following changes in the profit tax in mind.

Where before profits above €200.000 was taxed at 25%, this year this is rising. 

2022:

€0-€6.000 at 19%

€6.000-€50.000 at 21%

€50.000-€200.000 at 23%

>€200.000 at 25%

In 2023:

€0-€6.000 at 19%

€6.000-€50.000 at 21%

€50.000-€200.000 at 23%

€200.000-€300.000 at 27%

>€300.000 at 28%

The higher profits are being taxed more.