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comparing tax in spain with japan

SpainJapanDifference in Japan
Gross Income 33,374.13 EUR / 30,000.00 GBP 4,039,842.30 JPY / 29,999.99 GBP - 0.00 GBP
Tax Due 7,629.84 EUR / 6,858.46 GBP 1,250,979.52 JPY / 9,289.81 GBP + 2,431.35 GBP
Net Income 25,744.29 EUR / 23,141.54 GBP 2,788,862.78 JPY / 20,710.18 GBP - 2,431.35 GBP
Overall Tax Rate 22.9 % 31 % + 8.10 %.

Figures based upon 1 EUR = 0.89889984 GBP.

Figures based upon 1 JPY = 0.00742603 GBP.

In Spain, an income of 33,374.13 EUR / 30,000.00 GBP is more than the lowest average advertised salary of 12,600.00 EUR / 11,326.14 GBP and more than the country's average income of 24,936.00 EUR / 22,414.97 GBP.

In Japan, an income of 4,039,842.30 JPY / 29,999.99 GBP is more than the lowest average advertised salary of 1,530,000.00 JPY / 11,361.83 GBP and less than the country's average income of 5,400,000.00 JPY / 40,100.56 GBP.

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

SpainJapanDifference in Japan
Water Bottle (1.5L) 0.57 EUR / 0.51 GBP 130.33 JPY / 0.97 GBP + 0.46 GBP
Milk Bottle (1L) 0.77 EUR / 0.69 GBP 183.91 JPY / 1.37 GBP + 0.68 GBP
Pint of Beer 2.30 EUR / 2.07 GBP 400.00 JPY / 2.97 GBP + 0.90 GBP
Bread (500g) 0.95 EUR / 0.85 GBP 195.41 JPY / 1.45 GBP + 0.60 GBP
Chicken Breasts (1kg) 5.79 EUR / 5.20 GBP 776.04 JPY / 5.76 GBP + 0.56 GBP
Petrol UK Gallon 5.73 EUR / 5.15 GBP 645.71 JPY / 4.80 GBP - 0.35 GBP
Volkswagen Golf or Equivalent 19,000.00 EUR / 17,079.10 GBP 2,534,500.00 JPY / 18,821.27 GBP + 1,742.18 GBP
Broadband Internet Monthly 40.70 EUR / 36.59 GBP 4,665.89 JPY / 34.65 GBP - 1.94 GBP
Rent One Bedroom Apt. In City (Monthly) 627.72 EUR / 564.26 GBP 86,722.76 JPY / 644.01 GBP + 79.75 GBP
Purchase One Bedroom Apt. In City 99,498.35 EUR / 89,439.05 GBP 30,368,158.80 JPY / 225,514.86 GBP + 136,075.88 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 Asia, Japan covers an area of 364,503 square kilometers.

Japan has a Gross Domestic Product (PPP) of 4,931.88 ($ Billion) from a population of 126,045,211.

A progressive tax system spread over 7 bands - ranging from 5% to 45%.

Tax bands are as follow:

Below 1950000 JPY - 5%

Between 1950000 JPY and 3300000 JPY - 10%.

Between 3300000 JPY and 6950000 JPY - 20%.

Between 6950000 JPY and 9000000 JPY - 23%.

Between 9000000 JPY and 18000000 JPY - 33%.

Between 18000000 JPY and 40000000 JPY - 40%.

Above 40000000 JPY - 45%.

A surcharge is applicable of 2.1% on the calculated national income tax.

A local inhabitant's income tax is also imposed at a 10% flat rate on taxable income.

Employee's can use an earned income deduction to reduce the amount taxable - this is based on a scale.

Residents receive a national and local personal tax exemption this is on a scale from 480,000 JPY to 0 JPY.

Social insurance premiums in Tokyo charged on gross income are: Health 4.98% (Capped at 16.68M JPY of gross income), Welfare and Pension 9.091% (Capped at 7.44M JPY of gross income), Unemployment 0.85% (not capped).

Source: https://www.nta.go.jp/foreign_language/.

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 Japan 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 Japan'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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