Compare countries
Portugal vs Spain: tax compared
Rates checked 12 October 2026
The short answer
Portugal's headline personal income tax rate is 48% and Spain's is 47%. Company tax is 19% in Portugal and 25% in Spain. Both figures come from each country's official tax guidance, checked on 12 October 2026.
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Side by side.
- Personal income tax
- 48%Top band · plus solidarity surcharge of 2.5% above EUR 80,000 and 5% above EUR 250,000 (53% at the top)
- 47%
- Company tax
- 19%Standard mainland rate for tax periods starting in 2026; 18% in 2027, 17% from 2028 · 15% (SMEs and small mid caps, first EUR 50,000)
- 25%
- Special tax regime
- Yes
- Yes
02
What the headline misses.
Regional and local taxes, social security, treaty relief and each country's residency test decide what you actually pay. The headline rate is where the comparison starts, not where it ends.
03Questions
What people ask.
Straight answers, from the figures above.
On the headline rate, Spain (47%) is lower than Portugal (48%). Local and regional taxes, social security and any special regime can change what you actually pay, so compare your own income before you decide.
On the headline rate, Portugal (19%) is lower than Spain (25%). Exemptions, small-profit rates and where the company is managed from change the real figure.
From each country's official tax guidance, linked on this page and checked on 12 October 2026. Heed rechecks its rates on a rolling schedule and as soon as an official page changes.
No. Heed is information, not advice. The headline rate is where a comparison starts; a qualified adviser in each country should confirm your position.
Rules move. Heed watches both.
Heed follows Portugal and Spain from their official sources and tells you when a rule that affects you changes, and the Scenario Planner runs your own income through both.
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