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comparing tax in spain with australia

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SpainAustraliaDifference in Australia
Gross Income 35,004.48 EUR / 30,000.00 GBP 57,372.12 AUD / 30,000.00 GBP - 0.00 GBP
Tax Due 8,202.82 EUR / 7,030.09 GBP 11,340.38 AUD / 5,929.91 GBP - 1,100.18 GBP
Net Income 26,801.66 EUR / 22,969.91 GBP 46,031.74 AUD / 24,070.09 GBP + 1,100.18 GBP
Overall Tax Rate 23.4 % 19.8 % - 3.60 %.

Figures based upon 1 EUR = 0.85703316 GBP.

Figures based upon 1 AUD = 0.52290206 GBP.

In Spain, an income of 35,004.48 EUR / 30,000.00 GBP is more than the lowest average advertised salary of 12,600.00 EUR / 10,798.62 GBP and more than the country's average income of 24,936.00 EUR / 21,370.98 GBP.

In Australia, an income of 57,372.12 AUD / 30,000.00 GBP is more than the lowest average advertised salary of 31,000.00 AUD / 16,209.96 GBP and less than the country's average income of 72,000.00 AUD / 37,648.95 GBP.

Here are how much some common purchases cost in Spain vs Australia:

SpainAustraliaDifference in Australia
Water Bottle (1.5L) 0.57 EUR / 0.49 GBP 1.79 AUD / 0.94 GBP + 0.45 GBP
Milk Bottle (1L) 0.77 EUR / 0.66 GBP 1.46 AUD / 0.76 GBP + 0.10 GBP
Pint of Beer 2.30 EUR / 1.97 GBP 8.00 AUD / 4.18 GBP + 2.21 GBP
Bread (500g) 0.95 EUR / 0.81 GBP 2.52 AUD / 1.32 GBP + 0.51 GBP
Chicken Breasts (1kg) 5.79 EUR / 4.96 GBP 10.24 AUD / 5.35 GBP + 0.39 GBP
Petrol UK Gallon 5.73 EUR / 4.91 GBP 6.68 AUD / 3.49 GBP - 1.42 GBP
Volkswagen Golf or Equivalent 19,000.00 EUR / 16,283.63 GBP 25,000.00 AUD / 13,072.55 GBP - 3,211.08 GBP
Broadband Internet Monthly 40.70 EUR / 34.88 GBP 74.02 AUD / 38.71 GBP + 3.83 GBP
Rent One Bedroom Apt. In City (Monthly) 627.72 EUR / 537.98 GBP 1,679.85 AUD / 878.40 GBP + 340.42 GBP
Purchase One Bedroom Apt. In City 99,498.35 EUR / 85,273.39 GBP 264,251.05 AUD / 138,177.42 GBP + 52,904.03 GBP

Part of Europe, Spain covers an area of 498,595 square kilometers.

Spain has a Gross Domestic Product (PPP) of 1,689.71 ($ Billion) from a population of 46,070,146.

People in resident and working in Spain are liable to pay PIT (Personal Income Tax). A progressive tax system spread over five tax bands ranging from 19% to 45%.

Tax bands are as follow:

Below 12450 EUR - 19%

Between 12450 EUR and 20200 EUR - 24%.

Between 20200 EUR and 35200 EUR - 30%.

Between 35200 EUR and 60000 EUR - 37%.

Above 60000 EUR - 45%.

Personal allowance deduction allowed of 5,550 EUR

Other expenses deduction allowed of 2,000 EUR

Additional allowance deduction of up to 3,700 EUR allowed for incomes below 14,450 EUR

Social contributions are 6.35% for employees plus another 1% for accidents (office work) but varies. They are deductible from gross income for tax purposes.

Source: http://www.agenciatributaria.es/AEAT.internet/en_gb/Inicio.shtml

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

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Part of Oceania, Australia covers an area of 7,700,519 square kilometers.

Australia has a Gross Domestic Product (PPP) of 1,188.76 ($ Billion) from a population of 24,641,662.

A progressive tax system spread over 5 bands - ranging from 0% to 45%.

2019 Tax bands are as follow:

Below 18200 AUD - 0%

Between 18200 AUD and 37000 AUD - 19%.

Between 37000 AUD and 90000 AUD - 32.5%.

Between 90000 AUD and 180000 AUD - 37%.

Above 180000 AUD - 45%.

There are no social security contributions. A Medicare (National Health Scheme) levy is calculated on taxable income of 2% - raised to 3%, 3.5% for higher incomes.

Source: https://www.ato.gov.au.

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

Help

This calculator allows you to calculate income taxes and social contributions equivalent for Spain and Australia and allow comparison between both. You can choose the preferred currency for the input amounts and displayed calculation. For example: If you choose GBP as your preferred currency, then the income entered will be converted to Spain's and Australia's native currencies for the calculation so that correct income equivalent is used. The results will then be shown in the native currencies and GBP.

How we compare world taxes

We have trawled through the quagmire of tax legislation for 16 of the World's major economies and created a comparable position as close to the UK's PAYE (Pay As You Earn) system for employed people.

We look at each country's taxation for employed people, as well as things like medical care which are part of social contributions for some countries or require mandatory purchase of health insurance.

Combining this information lets us calculate taxes for each of the 16 countries and then do not only a taxation comparison but also a comparison of buying power based upon commonly purchased items.

It is quick and easy to use and you can get a detailed result at the click/tap of a button!

Compare tax using these examples:

We currently support the following countries - by clicking on the links below you can just do an individual tax calculation for those countries - or scroll up and compare tax between two countries directly!

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