The dates of the new Income Campaignin which the declaration corresponding to the 2024 financial year will be presented. Therefore, it is a good time to remember that, depending on the withholdings that have been applied to us throughout the year, the income result will be payable or refundable. That is, we will have to pay the Tax Agency or not.
In this sense, workers must know that Salaries are taxed as income from work and, consequently, as established by Law 35/2006, they are subject to Personal Income Tax (IRPF). Now, how much personal income tax should be paid? What percentage of this tax should they take from our payroll?
The personal income tax It is a progressive tax: The more you earn, the greater the withholding that must be applied. Starting from this premise, there is established a series of sectionss, so that, as annual income increases, the percentage applied also increases. These sections are established by the State and, to these, are added the regional ones, which are adjusted by each autonomous community.
Personal income tax sections in 2025: how much the Treasury will retain from your payroll
There are a total of 6 sections of personal income taxwhich corresponds to the following based on annual income (in this case, from our salary):
Annual income (annual gross salary) | State rate (%) | Regional type (%) | Total (%) |
Up to €12,450 | 9.5% | 9.5% | 19% |
From €12,450 to €20,200 | 12% | 12% | 24% |
From €20,200 to €35,199 | 15% | 15% | 30% |
From €35,200 to €59,999 | 18.5% | 18.5% | 37% |
From 60,000 euros to €299,999 | 22.5% | 22.5% | 45% |
From €300,000 | 24.5% | 22.5% | 47% |
It should be noted that the regional rate that appears in the table applies only to workers who do not reside in Spain. In the case of yes residing, It must be replaced by the one that exists in the autonomous community of residence.
New in personal income tax this 2025
Lastly, taxpayers should be aware of an important novelty that has come into force on January 1, 2025 (and that, therefore, will not affect the Income that will be presented in a few months, but rather that of next year). This is one of the modifications in Law 35/2006 on Personal Income Tax, by which The limit that requires filing the declaration in case of having two payers is extended.
Specifically, with the aim of reducing the tax obligations of the lowest incomes, “the total amount of the full income from work from the second and remaining payers is raised to 2,500 euros, so that, in these cases, the limit operates. general requirement of 22,000 euros of full earnings from work to be obliged to submit a declaration for this tax”, is included in Royal Decree-Law 9/2024 available in this Official State Gazette (BOE).
Thus, people who have an income of 22,000 euros or less and have more than one payer will not be required to submit the Income Tax return if the sum of the income of the second or the rest of the payers does not exceed 2,500. euros, when previously this “cap” was imposed at 1,500 euros.
What will happen to the personal income tax of the SMI
This week, sources from the Ministry of Finance responded to Europa Press that They are going to wait to know the specific increase in the Minimum Interprofessional Salary (SMI) of 2025 to study whether or not it is taxed in the Income Tax for Physical Persons (IRPF). Last year, they did adjust it so that it was exempt from tax.