Madrid Salary Calculator 2026 — Spain Net Pay (IRPF + SS)

Take-Home Pay in Madrid 2026

Workers in Madrid are subject to Spain's national IRPF (Impuesto sobre la Renta de las Personas Físicas) plus the regional IRPF set by Madrid. Social Security contributions are the same across all Spanish regions: 6.35% employee + 0.15% MEI = 6.50% total, capped at €61,214/year.

Madrid has the lowest regional IRPF rates in Spain, making it the most tax-efficient autonomous community for high earners.

Madrid regularly attracts talent from other regions due to its competitive regional tax rates and strong job market in finance, technology, and consulting.

Worked Example — €32,000 Salary in Madrid (2026)

Based on the approximate average salary in Madrid of €32,000/year, here is what a standard employee takes home with 14 pagas:

€32,000 Gross — Madrid, Single, 14 Pagas, 2026

Annual Gross Salary€32,000

Social Security (6.35%)−€2,032

MEI (0.15%)−€48

Employment income reduction−€0

Personal allowance−€5,550

Approximate IRPF−€5,476

Estimated Net (annual)≈€24,444

With 14 pagas: approximately €1,746 per paga. With 12 pagas (prorated): approximately €2,037/month.

Spain 2026 Tax Reference — Key Rates

Concept	Rate 2026	Notes
Total IRPF range in Madrid	19%–43%	State + regional combined
Social Security (employee)	6.35%	Capped at €61,214/year
MEI contribution	0.15%	Up from 0.08% in 2025
Personal allowance	€5,550	Under 65 years old
Beckham Law rate	24% flat	New residents, first 6 years
Max SS contribution base	€61,214/year	€5,101.20/month

Sources: Agencia Tributaria, Tesorería General de la Seguridad Social, Real Decreto-ley 3/2026

FAQs — Madrid Salary & Tax

What are the IRPF rates in Madrid? +

Madrid (Comunidad de Madrid) applies the minimum reference regional IRPF rates, which combined with the state rates give a total IRPF of approximately 18.5% on income up to €12,450, rising to 43% on the highest income bracket.

How much Social Security do I pay in Madrid? +

Social Security (Seguridad Social) is the same across all Spanish regions. Employees pay 6.35% of their gross salary (4.70% contingencias comunes + 1.55% desempleo + 0.10% formación profesional), plus 0.15% MEI. Total employee contribution is 6.50%, capped at €61,214.40/year in 2026.

Does Madrid have local taxes on salaries? +

No. In Spain, there are no local or municipal income taxes on employment income. Your salary deductions are national Social Security + IRPF (national + regional component). The regional component is set by Madrid's autonomous government, not individual cities.

What is the Beckham Law and can I use it in Madrid? +

The Beckham Law (Art. 93 LIRPF) is available to all new Spanish tax residents regardless of which autonomous community they live in. It allows a flat 24% IRPF rate on Spanish income for the first 6 years of residency. You must apply within 6 months of registering with Spanish Social Security. Use our Beckham Law toggle in the calculator above to see how it affects your Madrid take-home pay.

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