| Spain | Canada | Difference in Canada | |
|---|---|---|---|
| Gross Income | 35,004.48 EUR / 30,000.00 GBP | 51,252.63 CAD / 30,000.00 GBP | - 0.00 GBP |
| Tax Due | 8,202.82 EUR / 7,030.09 GBP | 11,852.36 CAD / 6,937.61 GBP | - 92.48 GBP |
| Net Income | 26,801.66 EUR / 22,969.91 GBP | 39,400.27 CAD / 23,062.39 GBP | + 92.48 GBP |
| Overall Tax Rate | 23.4 % | 23.1 % | - 0.30 %. |
Figures based upon 1 EUR = 0.85703316 GBP.
Figures based upon 1 CAD = 0.58533582 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 Canada, an income of 51,252.63 CAD / 30,000.00 GBP is more than the lowest average advertised salary of 29,660.00 CAD / 17,361.06 GBP and less than the country's average income of 56,000.00 CAD / 32,778.81 GBP.
Here are how much some common purchases cost in Spain vs Canada:
| Spain | Canada | Difference in Canada | |
|---|---|---|---|
| Water Bottle (1.5L) | 0.57 EUR / 0.49 GBP | 2.22 CAD / 1.30 GBP | + 0.81 GBP |
| Milk Bottle (1L) | 0.77 EUR / 0.66 GBP | 2.27 CAD / 1.33 GBP | + 0.67 GBP |
| Pint of Beer | 2.30 EUR / 1.97 GBP | 6.00 CAD / 3.51 GBP | + 1.54 GBP |
| Bread (500g) | 0.95 EUR / 0.81 GBP | 2.77 CAD / 1.62 GBP | + 0.81 GBP |
| Chicken Breasts (1kg) | 5.79 EUR / 4.96 GBP | 13.10 CAD / 7.67 GBP | + 2.71 GBP |
| Petrol UK Gallon | 5.73 EUR / 4.91 GBP | 5.64 CAD / 3.30 GBP | - 1.61 GBP |
| Volkswagen Golf or Equivalent | 19,000.00 EUR / 16,283.63 GBP | 25,000.00 CAD / 14,633.40 GBP | - 1,650.23 GBP |
| Broadband Internet Monthly | 40.70 EUR / 34.88 GBP | 73.69 CAD / 43.13 GBP | + 8.25 GBP |
| Rent One Bedroom Apt. In City (Monthly) | 627.72 EUR / 537.98 GBP | 1,218.19 CAD / 713.05 GBP | + 175.07 GBP |
| Purchase One Bedroom Apt. In City | 99,498.35 EUR / 85,273.39 GBP | 200,098.85 CAD / 117,125.02 GBP | + 31,851.63 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).
Part of North America, Canada covers an area of 9,156,521 square kilometers.
Canada has a Gross Domestic Product (PPP) of 1,674.31 ($ Billion) from a population of 36,626,083.
Federal taxes are joined by provincial taxes in this progressive tax system - jointly ranging from 20.05% to 46.16% plus surcharges.
Federal taxes are as follow:
Below 47630 CAD - 15%
Between 47630 CAD and 95259 CAD - 20.5%.
Between 95259 CAD and 147667 CAD - 26%.
Between 147667 CAD and 210371 CAD - 29%.
Above 210371 CAD - 33%.
For Canada we are using the Ontario province for comparative purposes.
Ontario provincial taxes are as follow:
Below 43906 CAD - 5.05%
Between 43906 CAD and 87813 CAD - 9.15%.
Between 87813 CAD and 150000 CAD - 11.16%.
Between 150000 CAD and 220000 CAD - 12.16%.
Above 220000 CAD - 13.16%.
Ontario also has a surcharge where the provincial taxes exceed 4,740 CAD (20%) or 6,067 (56%).
Social security contributions are pension plan: 4.95% (Max 2,594 CAD) and employment insurance: 1.88% (Max 858 CAD).
15% of the total paid toward social security is returned as a tax credit against the federal tax bill.
A basic personal tax credit of 1,810 CAD is available as well as 15% of employment income (Capped to 183 CAD)
Source: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html
Source: XE.com (Currency Conversion).
Source: SalaryExplorer.com (Averages from average salaries in major job categories).
Source: Numbeo.com (Cost of living).
This calculator allows you to calculate income taxes and social contributions equivalent for Spain and Canada 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 Canada'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.
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!
Source: https://www.impots.gouv.fr/portail/international
Source: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.html
Source: http://www1.agenziaentrate.gov.it/english/revenue_agency/index_revenue.htm
Source: http://www.impotsdirects.public.lu/fr.html
Source: http://www.agenciatributaria.es/AEAT.internet/en_gb/Inicio.shtml
Source: https://www.estv.admin.ch/estv/en/home.html.
Source: https://www.gov.uk/government/organisations/hm-revenue-customs.
Source: http://www.bundesfinanzministerium.de/Web/EN/Issues/Taxation/taxation.html.
Source: https://www.irs.gov/tax-professionals/tax-code-regulations-and-official-guidance.
Source: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html
Source: https://www.ato.gov.au.
Source: http://www.ird.govt.nz/how-to/taxrates-codes/rates/itaxsalaryandwage-incometaxrates.html.
Source: https://www.nta.go.jp/foreign_language/.
Source: http://www.chinatax.gov.cn/2013/n2925/.
* calculations are currently based on the 2019 tax rules, rates and allowances for comparable single individuals in each country.