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4. Salary's deductions
The employer shall deduct monthly contributions to the Social Security from the employee's salary, provided that this one exceeds the minimum annual salary, which is around euros 421 a month. These contributions are calculated as a percentage of your taxable income; this percentage is 6.4% at present. The employer will enter your contributions in the Social Security General Treasury (Tesorería General de la Seguridad Social).
Your salary is also subject to personal income tax in Spain, the employer will deduct monthly amounts from your salary to enter it in the National Tax Administration. The amount you will be deducted will depend on what is your personal income.
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