2025 IRPF Savings Income Tax Brackets: How Much You Will Pay
Capital gains from cryptocurrencies are taxed under the savings taxable base. Knowing the brackets is essential for estimating your tax bill before closing positions.
2025 Tax Bracket Table
| Savings Taxable Base | State Rate | Regional Rate (average) | Total Rate |
|---|---|---|---|
| Up to €6,000 | 9.5% | 9.5% | 19% |
| From €6,000 to €50,000 | 10.5% | 10.5% | 21% |
| From €50,000 to €200,000 | 11.5% | 11.5% | 23% |
| From €200,000 to €300,000 | 13.5% | 13.5% | 27% |
| Over €300,000 | 14% | 14% | 28% |
Note: the regional rate may vary slightly depending on the autonomous community. The figures above represent the general average regional rate.
How Brackets Work (Progressive, Not Flat)
A common mistake is thinking that the entire gain is taxed at the rate of the bracket it falls into. In reality, it is progressive: each euro is taxed at the rate of the bracket it occupies.
Example: €80,000 net crypto gain
| Bracket | Amount | Rate | Tax |
|---|---|---|---|
| €0 - €6,000 | €6,000 | 19% | €1,140 |
| €6,000 - €50,000 | €44,000 | 21% | €9,240 |
| €50,000 - €80,000 | €30,000 | 23% | €6,900 |
| TOTAL | €17,280 |
Effective rate = 17,280 / 80,000 = 21.6%
What Falls Under the Savings Base vs. the General Base
Savings Base (previous rates):
- Gains from crypto sales/exchanges.
- Bank interest.
- Dividends.
- Capital gains from stocks, funds…
General Base (marginal rate, 19%-47%):
- Staking rewards and airdrops (may fall here).
- Mining income (if it is an economic activity).
- Pensions, salaries, rent.
When to Do Tax Planning Before Year-End
If you have significant crypto gains in November and also hold loss-making positions, it may be worth selling the losses before December 31st to offset them.
Use the IRPF calculator to simulate the impact before making decisions.
Deductions That Reduce the Savings Base
- Pension plan contributions (these reduce the general base, not the savings base directly).
- Carried-forward losses from previous years.
- Deductible transaction expenses (selling commissions).
Conclusion
Crypto gains are taxed at rates ranging from 19% to 28% depending on the amount, on a progressive basis. Understanding how the scale works is essential for planning sales, estimating your tax bill in advance, and avoiding surprises on your tax return.