The 2026 Spanish State Budget Law (Ley de Presupuestos Generales del Estado para 2026), in force since 1 January, leaves the parameters of the Beckham Law entirely untouched. The €600,000 threshold separating the 24% band from the 47% top band remains constant, the marginal rates are unchanged, and the personal allowances continue at their 2024 values.
That is, in itself, news worth flagging — because in a year when general IRPF brackets were adjusted upward to reflect inflation, the regime-specific parameters of the Beckham Law were not. The reasons are administrative rather than political: the regime parameters are set in Article 93 LIRPF and require a substantive amendment, not the routine annual recalibration that runs through the budget law.
Key takeaways
- The €600,000 threshold between the 24% band and the 47% top band remains constant for 2026.
- Marginal rates (24% / 47%) are unchanged.
- The €100,000 capital-gains threshold for non-residents is unchanged.
- General IRPF brackets were adjusted by ~3% to reflect inflation — but Beckham-regime parameters were not.
- The personal-and-family minimum (€5,550) continues unchanged for ordinary residents.
The €600,000 threshold: a brief history
The €600,000 ceiling on the flat 24% band was introduced by the Startups Law (Ley 28/2022), which entered into force on 1 January 2023. Before then, the regime applied a flat 24% to all Spanish employment income without a ceiling — a feature widely viewed as politically unsustainable for very high earners.
The €600,000 figure was not chosen by indexation to any particular metric. It was a negotiated political number that aimed to preserve the regime competitiveness for the typical international transfer (executives, researchers, senior technologists) while applying ordinary progressive rates to the very top tail of earners. The 47% rate above the ceiling matches the top national IRPF marginal rate.
Why parameters of the regime are not indexed
Spanish IRPF brackets are not statutorily indexed — they are adjusted in practice through the annual budget law. The 2026 budget did adjust the general brackets upward by roughly 3%. The Beckham Law parameters, however, sit in their own corner of the legislation (Article 93 and its regulatory development) and would require either a substantive amendment to that article or a specific budget provision targeting it.
Neither happened in the 2026 budget. The consequence is a slow fiscal drag on the regime: as inflation pushes nominal salaries up, more impatriates will eventually cross the €600,000 ceiling and pay 47% on the excess. This is unlikely to become material before 2028 for most filers, but practitioners are tracking it.
The regime parameters not moving with inflation is a feature, not a bug — it concentrates the very high earners back into the standard scale. But it does change the long-term economics for senior international hires. — DPLL Tax & Legal · Policy commentary, January 2026
What did change for 2026
To put the unchanged regime parameters in context, here is what the 2026 budget did adjust:
- General IRPF brackets: upward adjustment of approximately 3% across the board (affects ordinary residents, not Beckham filers).
- Minimum wage (SMI): increased to €1,184/month gross over 14 payments.
- Social Security contribution caps: increased by 1.5%.
- Capital-gains thresholds for residents: unchanged.
- Wealth-tax thresholds: unchanged at the national level; some autonomous community adjustments.
Implications for Beckham filers
For the substantial majority of Beckham filers — those earning between €60,000 and €400,000 — nothing in 2026 changes. The flat 24% applies as before, the take-home is identical, and Modelo 151 follows the same structure.
The implications are slightly different for two groups:
- Earners approaching €600,000. Inflation-driven pay rises will push some filers across the ceiling for the first time in 2026 or 2027. The marginal impact (47% rather than 24% on the excess) is meaningful — a €50,000 excess produces an additional €11,500 of tax over what would otherwise be due.
- Earners well above €600,000. No change: the 47% top band continues to apply at the same rate.