Correction
This article was rewritten on 7 November 2026. An earlier version said that before 2023 the regime applied a flat 24% with no ceiling, and gave figures on general bracket indexation and a capital-gains threshold that we cannot support. The 600,000 euro threshold has been in the law since 2010. The history below is taken from the consolidated text of article 93 in the BOE.
The rates and thresholds of the Beckham Law are written into article 93.2 of the Personal Income Tax Law itself. They are not adjusted for inflation: they only change when a law amends that article. As at 7 November 2026, the consolidated text in the BOE shows the last amendment of the rates as the one made by Law 7/2024, with effect from 1 January 2025. So the rates for 2025 are also the rates for 2026.
Key points
- General scale (employment and other income): 24% up to 600,000 euros, 47% above (article 93.2.e.1.º).
- Savings scale (dividends, interest and capital gains): 19%, 21%, 23%, 27% and 30% above 300,000 euros since 2025.
- Withholding on employment income: 24%, and 47% on the excess above 600,000 euros from the same payer.
- The 600,000 euro figure is not new: from 2010 to 2014 earning more meant losing the regime, and since 2015 it is the point where a higher rate starts.
The rates in force in 2026
| Tax base | Rate |
|---|---|
| General: up to 600,000 euros | 24% |
| General: from 600,000.01 euros | 47% |
| Savings: up to 6,000 euros | 19% |
| Savings: 6,000 to 50,000 euros | 21% |
| Savings: 50,000 to 200,000 euros | 23% |
| Savings: 200,000 to 300,000 euros | 27% |
| Savings: above 300,000 euros | 30% |
The savings scale applies to the income in article 25.1.f) of the Non-Resident Income Tax Law: dividends, interest and capital gains. Everything else goes on the general scale. Remember that, under the regime, employment income, and income from activities classified as entrepreneurial, is taxed in Spain wherever it arises; other income only when it is Spanish-source, as we explain in the article on foreign shares, crypto and pensions.
How the rates got here
| From | Change | Law |
|---|---|---|
| 2010 | New condition: expected pay under the employment contract could not exceed 600,000 euros a year. Exceeding it meant exclusion from the regime that year (V4649-16). | Law 26/2009 |
| 2015 | The condition is replaced by a scale: 24% up to 600,000 euros and 45% above. | Law 26/2014 |
| 2021 | The top general rate rises to 47%. Savings scale up to 26% above 200,000 euros. | Law 11/2020 |
| 2023 | Savings scale extended: 27% from 200,000 euros and 28% above 300,000 euros. Separately, Law 28/2022 changed the access conditions (five previous tax periods instead of ten, remote work, entrepreneurs, family members), not the rates. | Law 31/2022 and Law 28/2022 |
| 2025 | Top savings rate above 300,000 euros rises to 30%. | Law 7/2024 |
Why inflation does not move them
The thresholds in article 93.2 are amounts written into the law. There is no automatic indexation, so 600,000 euros in 2026 is the same nominal figure as in 2015. Any change has to come through a law that amends article 93, usually a budget law or an accompanying tax law at the end of the year. When one is published, the change will be visible in the consolidated text of the BOE before it takes effect.
What this means for your withholding
Article 93.2.f) sets the withholding on employment income at 24%, and at 47% on the part of the pay from the same payer that exceeds 600,000 euros in the calendar year. The DGT applied this in V1971-25. If your payslip shows the ordinary progressive withholding, your employer has not applied the regime and you should ask them to correct it.
Frequently asked questions
What are the Beckham Law rates in 2026?
24% on the general tax base up to 600,000 euros and 47% above, under article 93.2.e) of the Personal Income Tax Law. Dividends, interest and capital gains are taxed on a separate scale of 19%, 21%, 23%, 27% and 30% above 300,000 euros.
Are the Beckham Law thresholds adjusted for inflation?
No. The 600,000 euro threshold and the savings bands are fixed amounts in article 93.2. They only change when a law amends that article; the last change to the rates took effect on 1 January 2025.
Was there a ceiling before the 2023 reform?
Yes. From 2010 to 2014, expected pay above 600,000 euros a year meant exclusion from the regime, and since 2015 the income above 600,000 euros has been taxed at a higher rate: 45% until 2020 and 47% since 2021. The 2023 reform of the Startups Law (Law 28/2022) changed the access conditions, not these rates; the savings scale was changed separately by Law 31/2022.
To see what the 24% means for your salary, use the calculator. If you want us to check whether the regime suits you, DPLL Tax & Legal, an AEAT Social Collaborator firm based in Barcelona, can help with your Modelo 149 application. Start with a free 10 minute call.