Spain up-to-date

Income tax threshold 2021 4.070,10 €
General Social Security
Common contingencies
Employer Employee
23,60% Permanent contract 4,70%
23,60% Fixed-term contract 4,70%
Unemployment
insurance
Employer Employee
5,50% Permanent contract 1,55%
6,70% Fixed-term contract 1,60%
Professional training
Employer Employee
0,60% Permanent contract 0,10%
0,60% Fixed-term contract 0,10%
Insolvency hedging
FOGASA
Employer Employee
0,20% Permanent contract 0,00%
0,20% Fixed-term contract 0,00%
Overtime
Employer Employee
12,00% Force majeure 2,00%
23,60% Other hours 4,70%
Accidents at work and occupational diseases
Contribution payments, which are only paid by the employer
depending on the company´s activity, for example:
Contribution rate
IT IMS
IT = Incapacidad Temporal
(Temporary work disability)
IMS = Incapacidad permanente,
Muerte y Supervivencia
(Permanent disability,
death and survival)
0,85% Property development
real estate development
0,80%
0,65% Information services (websites) 1,00%
3,35% Construction industry 3,25%

Source: www.seg-social.es