Latest Tax Calculations

Year: 2018  |   Age: 65 - 75  |   Region: Valencia  |   Allowance: 6700

Quantity Result
Total tax due€339.80
Total National Tax€170.69
Total Regional Tax€169.10
Income from Work€7935.69
Income From Savings€2.62
Income From Rent€575.00
Otros Gastos Deducibles€2000.00
Rendimiento Neto€5935.69
Reducción por Trabejo€4632.50
Rendimiento Neto Reducido€1303.19
Base Imponible General€1878.19
National Tax on Earnings€170.44 (9.07%)
Regional Tax on Earnings€168.85 (8.99%)
National Tax on Savings€0.25 (9.50%)
Regional Tax on Savings€0.25 (9.50%)

Tax Rates Used

Tax tables - Valencia - 2018
FromToRate%
012450 10,00%
1245017000 11,00%
1700030000 13,90%
3000050000 18,00%
5000065000 23,50%
6500080000 24,50%
80000999999 25,00%
   
Tax tables - National - 2018
FromToRate%
012450 9,50%
1245020200 12,00%
2020035200 15,00%
3520060000 18,50%
60000999999 22,50%
   
Tax tables - Savings - 2018
FromToRate%
06000 19,00%
600050000 21,00%
50000999999 23,00%
   

Data from Client

select tax year
select region
select age group
Income from Work
Income from Savings
Income from Rent
Exempt Income