Losses set offart. 26.1, capped at 70 % of the base before reliefs
− €0.00
Taxable base
€200,000.00
Tax rate
19 % / 21 %
Gross tax
€41,000.00
This rate is transitional. The forty-fourth transitional provision steps the reduced rates down year by year until 2029, so the 19 % and 21 % of the scale and the 23 % for a small company are not the figures printed in article 29.1.
Passing €1,000,000.00 of turnover takes the company off the scale and onto the single small-company rate, which this year is 23 %: the second slice of profit starts costing more, not less.
This is the gross tax. No rebates or credits have been applied (R&D, double taxation, donations), which come off afterwards and can reduce it a great deal.
Capitalisation reserve (optional)+
Reduces the base by a percentage of the increase in your own funds, and that percentage rises if average headcount grows. Leave at zero if you do not claim it.
An indicative calculation on the state rules. Not tax advice.
It excludes credits and rebates, the tax adjustments of articles 11 to 24, the co-operative regime, tax consolidation and the foral territories.