Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
£ 1350
per

Your estimated
City
free-cash

Valencia , Spain
£476
£514
£657
£615
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
341
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
235
other
-
-
-
1
total
-
-
-
590
Employee
331
-
1 085
-
other
-
-
1
-
income
64
-
310
-
unemployment
5
-
13
-
pensions
16
-
39
-
total
85
-
363
-
Employer
331
-
1 085
-
unemployment
18
-
46
-
pensions
78
-
196
-
other
3
-
7
-
accident
7
-
16
-
total
106
-
265
-
Corporate
913
1 350
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

137
202
-
-
total
137
202
-
-
Dividends
776
1 148
-
-
withholding
161
245
-
-
total
161
245
-
-
Income
1 350
1 350
1 350
1 350
Total tax
489
447
628
590
After tax
861
903
722
760
Living cost
246
246
246
246
Free-cash
615
657
476
514

Estimated living cost  is £246 per week

£166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£532
£476
£753
£692
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
188
health
-
-
-
59
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
324
other
-
-
-
64
total
-
-
-
635
Employee
325
-
1 078
-
income
56
-
206
-
health
5
-
15
-
unemployment
3
-
11
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

23
-
75
-
total
87
-
307
-
Employer
325
-
1 078
-
unemployment
3
-
11
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

55
-
183
-
other
16
-
54
-
accident
3
-
9
-
health
5
-
15
-
total
82
-
272
-
Corporate
943
1 350
-
-
income
198
283
-
-
total
198
283
-
-
Dividends
745
1 067
-
-
withholding
52
75
-
-
total
52
75
-
-
Income
1 350
1 350
1 350
1 350
Total tax
419
358
579
635
After tax
931
992
771
715
Living cost
239
239
239
239
Free-cash
692
753
532
476

Estimated living cost  is £239 per week

£169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£997
£947
£1036
£994
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
202
health
-
-
-
36
unemployment
-
-
-
1
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
46
total
-
-
-
285
Employee
156
-
1 289
-
income
16
-
129
-
health
7
-
14
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

14
-
27
-
total
39
-
173
-
Employer
156
-
1 289
-
unemployment
1
-
2
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

17
-
35
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
11
-
22
-
total
31
-
62
-
Corporate
1 164
1 350
-
-
income
116
135
-
-
total
116
135
-
-
Dividends
1 047
1 215
-
-
withholding
52
61
-
-
total
52
61
-
-
Income
1 350
1 350
1 350
1 350
Total tax
238
196
235
285
After tax
1 112
1 154
1 115
1 065
Living cost
118
118
118
118
Free-cash
994
1 036
997
947

Estimated living cost  is £118 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£37
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£461
£458
£374
£426
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
193
social contributions
-
-
-
38
health
-
-
-
50
surtax
-
-
-
-
pensions
-
-
-
262
other
-
-
-
42
total
-
-
-
585
Employee
384
-
1 059
-
income
23
-
193
-
social contributions
11
-
30
-
surtax
-
-
-
-
pensions
43
-
68
-
total
77
-
291
-
Employer
384
-
1 059
-
unemployment
16
-
43
-
social contributions
1
-
3
-
pensions
63
-
115
-
other
13
-
39
-
health
27
-
91
-
total
120
-
291
-
Corporate
847
1 350
-
-
income
237
378
-
-
surtax
-
-
-
-
total
237
378
-
-
Dividends
610
972
-
-
withholding
78
124
-
-
surtax
-
-
-
-
social contributions
105
167
-
-
total
183
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
617
669
582
585
After tax
733
681
768
765
Living cost
307
307
307
307
Free-cash
426
374
461
458

Estimated living cost  is £307 per week

£193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£445
£387
£290
£236
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
373
health
-
-
-
110
pensions
-
-
-
105
total
-
-
-
588
Employee
765
765
1 183
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

125
125
149
-
health
117
100
110
-
pensions
138
105
105
-
total
380
330
364
-
Employer
765
765
1 183
-
unemployment
28
28
34
-
pensions
53
53
66
-
health
53
53
66
-
total
134
134
166
-
Corporate
460
451
-
-
income
92
90
-
-
total
92
90
-
-
Dividends
368
361
-
-
withholding
55
54
-
-
income
78
77
-
-
total
133
131
-
-
Income
1 350
1 350
1 350
1 350
Total tax
739
685
530
588
After tax
611
665
820
762
Living cost
375
375
375
375
Free-cash
236
290
445
387

Estimated living cost  is £375 per week

£266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£604
£457
£411
£509
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
1 350
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
392
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
61
trade
-
-
-
147
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
22
total
-
-
-
622
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

343
-
1 350
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

10
-
392
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

61
-
61
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1
-
22
-
total
72
-
475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 007
1 350
-
-
chamber of commerce
3
3
-
-
income
151
202
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

8
11
-
-
trade
159
213
-
-
total
321
429
-
-
Dividends
686
920
-
-
withholding
168
227
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

9
12
-
-
total
177
239
-
-
Income
1 350
1 350
1 350
1 350
Total tax
570
668
475
622
After tax
780
682
875
728
Living cost
271
271
271
271
Free-cash
509
411
604
457

Estimated living cost  is £271 per week

£171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
£715
£728
£778
£730
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
236
social contributions
-
-
-
145
health
-
-
-
34
total
-
-
-
415
Employee
689
689
1 250
-
income
75
64
230
-
social contributions
26
57
77
-
health
5
12
21
-
total
106
133
328
-
Employer
689
689
1 250
-
social contributions
26
57
77
-
health
6
13
23
-
total
32
70
100
-
Corporate
1 004
591
-
-
income
126
74
-
-
total
126
74
-
-
Dividends
879
517
-
-
withholding
149
88
-
-
total
149
88
-
-
Income
1 350
1 350
1 350
1 350
Total tax
413
365
428
415
After tax
937
985
922
935
Living cost
207
207
207
207
Free-cash
730
778
715
728

Estimated living cost  is £207 per week

£124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£354
£450
£487
£478
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
1 350
income
-
-
-
150
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
469
surtax
-
-
-
-
total
-
-
-
619
Employee
412
-
1 091
-
income
86
-
336
-
social contributions
45
-
120
-
surtax
-
-
-
-
total
131
-
456
-
Employer
412
-
1 091
-
social contributions
98
-
259
-
total
98
-
259
-
Corporate
840
1 350
-
-
income
176
283
-
-
surtax
-
-
-
-
total
176
283
-
-
Dividends
664
1 067
-
-
withholding
186
299
-
-
total
186
299
-
-
Income
1 350
1 350
1 350
1 350
Total tax
591
582
715
619
After tax
759
768
635
731
Living cost
281
281
281
281
Free-cash
478
487
354
450

Estimated living cost  is £281 per week

£210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1013
£1269
£1216
£1203
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
1 350
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
14
total
-
-
-
14
Employee
84
-
1 350
-
income
17
-
270
-
total
17
-
270
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

1 266
1 350
-
-
total
-
-
-
-
Dividends
1 266
1 350
-
-
withholding
63
67
-
-
total
63
67
-
-
Income
1 350
1 350
1 350
1 350
Total tax
80
67
270
14
After tax
1 270
1 283
1 080
1 336
Living cost
67
67
67
67
Free-cash
1 203
1 216
1 013
1 269

Estimated living cost  is £67 per week

£42
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£18
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
£395
£430
£689
£616
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
1 350
income
-
-
-
298
health
-
-
-
133
unemployment
-
-
-
2
pensions
-
-
-
247
total
-
-
-
680
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

396
-
1 168
-
income
68
-
275
-
health
26
-
75
-
unemployment
1
-
2
-
pensions
61
-
181
-
total
156
-
533
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

396
-
1 168
-
unemployment
-
-
1
-
pensions
35
-
103
-
health
26
-
78
-
total
61
-
182
-
Corporate
892
1 350
-
-
income
169
257
-
-
total
169
257
-
-
Dividends
723
1 093
-
-
withholding
108
164
-
-
total
108
164
-
-
Income
1 350
1 350
1 350
1 350
Total tax
494
421
715
680
After tax
856
929
635
670
Living cost
240
240
240
240
Free-cash
616
689
395
430

Estimated living cost  is £240 per week

£165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£649
£711
£505
£537
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
1 350
income
-
-
-
255
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
59
total
-
-
-
314
Employee
411
-
1 309
-
social contributions
41
-
41
-
income
45
-
294
-
total
86
-
335
-
Employer
411
-
1 309
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
898
1 350
-
-
income
314
473
-
-
total
314
473
-
-
Dividends
584
877
-
-
social contributions
47
47
-
-
total
47
47
-
-
Income
1 350
1 350
1 350
1 350
Total tax
488
520
376
314
After tax
862
830
974
1 036
Living cost
325
325
325
325
Free-cash
537
505
649
711

Estimated living cost  is £325 per week

£214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£656
£678
£634
£639
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
202
social contributions
-
-
-
186
health
-
-
-
94
total
-
-
-
482
Employee
304
-
1 350
-
income
51
-
224
-
social contributions
42
-
186
-
health
21
-
94
-
total
114
-
504
-
Employer
304
-
1 350
-
total
-
-
-
-
Corporate
1 046
1 350
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

52
67
-
-
total
52
67
-
-
Dividends
994
1 283
-
-
withholding
149
192
-
-
health
69
90
-
-
social contributions
137
177
-
-
total
355
459
-
-
Income
1 350
1 350
1 350
1 350
Total tax
521
526
504
482
After tax
829
824
846
868
Living cost
190
190
190
190
Free-cash
639
634
656
678

Estimated living cost  is £190 per week

£127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£444
£503
£683
£596
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
132
social contributions
-
-
-
287
solidarity contribution
-
-
-
-
health
-
-
-
182
total
-
-
-
601
Employee
361
-
1 013
-
solidarity contribution
-
-
-
-
income
43
-
122
-
social contributions
23
-
64
-
health
49
-
137
-
total
115
-
323
-
Employer
361
-
1 013
-
social contributions
90
-
246
-
health
33
-
91
-
total
123
-
337
-
Corporate
866
1 350
-
-
income
165
257
-
-
total
165
257
-
-
Dividends
701
1 093
-
-
withholding
105
164
-
-
total
105
164
-
-
Income
1 350
1 350
1 350
1 350
Total tax
508
421
660
601
After tax
842
929
690
749
Living cost
246
246
246
246
Free-cash
596
683
444
503

Estimated living cost  is £246 per week

£183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
£976
£1232
£1179
£1159
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
1 350
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
14
total
-
-
-
14
Employee
131
-
1 350
-
income
26
-
270
-
total
26
-
270
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

1 219
1 350
-
-
total
-
-
-
-
Dividends
1 219
1 350
-
-
withholding
61
67
-
-
total
61
67
-
-
Income
1 350
1 350
1 350
1 350
Total tax
87
67
270
14
After tax
1 263
1 283
1 080
1 336
Living cost
104
104
104
104
Free-cash
1 159
1 179
976
1 232

Estimated living cost  is £104 per week

£71
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£26
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
£335
£332
£248
£309
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
193
social contributions
-
-
-
38
health
-
-
-
50
surtax
-
-
-
-
pensions
-
-
-
262
other
-
-
-
42
total
-
-
-
585
Employee
561
-
1 059
-
income
49
-
193
-
social contributions
16
-
30
-
surtax
-
-
-
-
pensions
63
-
68
-
total
128
-
291
-
Employer
561
-
1 059
-
unemployment
23
-
43
-
social contributions
2
-
3
-
pensions
92
-
115
-
other
19
-
39
-
health
39
-
91
-
total
175
-
291
-
Corporate
613
1 350
-
-
income
172
378
-
-
surtax
-
-
-
-
total
172
378
-
-
Dividends
442
972
-
-
withholding
57
124
-
-
surtax
-
-
-
-
social contributions
76
167
-
-
total
133
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
608
669
582
585
After tax
742
681
768
765
Living cost
433
433
433
433
Free-cash
309
248
335
332

Estimated living cost  is £433 per week

£293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
£647
£646
£821
£777
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
1 350
income
-
-
-
300
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
172
total
-
-
-
550
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

233
-
1 232
-
income
32
-
300
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
92
-
total
79
-
431
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

233
-
1 232
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
1 075
1 350
-
-
income
161
203
-
-
total
161
203
-
-
Dividends
914
1 147
-
-
withholding
137
172
-
-
total
137
172
-
-
Income
1 350
1 350
1 350
1 350
Total tax
419
375
549
550
After tax
931
975
801
800
Living cost
154
154
154
154
Free-cash
777
821
647
646

Estimated living cost  is £154 per week

£104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£408
£473
-£9
£257
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
regional
-
-
-
64
national
-
-
-
19
health
-
-
-
3
city
-
-
-
14
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
27
pensions
-
-
-
124
total
-
-
-
251
Employee
732
-
1 208
-
regional
24
-
56
-
city
8
-
13
-
health
2
-
3
-
unemployment
-
-
-
-
national
3
-
15
-
pensions
62
-
101
-
total
99
-
188
-
Employer
732
-
1 208
-
unemployment
-
-
-
-
pensions
62
-
101
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

15
-
24
-
health
2
-
3
-
total
79
-
128
-
Corporate
532
1 350
-
-
regional
113
286
-
-
national
45
115
-
-
total
158
401
-
-
Dividends
374
950
-
-
withholding
131
332
-
-
total
131
332
-
-
Income
1 350
1 350
1 350
1 350
Total tax
467
733
316
251
After tax
883
617
1 034
1 099
Living cost
626
626
626
626
Free-cash
257
-9
408
473

Estimated living cost  is £626 per week

£407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£56
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
£379
£560
£516
£533
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
1 350
municipal
-
-
-
240
national
-
-
-
189
health
-
-
-
17
total
-
-
-
446
Employee
471
-
1 136
-
health
4
-
14
-
unemployment
7
-
17
-
national
8
-
120
-
municipal
77
-
185
-
pensions
32
-
77
-
total
128
-
413
-
Employer
471
-
1 136
-
unemployment
3
-
7
-
pensions
82
-
197
-
accident
-
-
1
-
health
4
-
9
-
total
89
-
214
-
Corporate
790
1 350
-
-
income
158
270
-
-
total
158
270
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

474
810
-
-
national
13
74
-
-
municipal
85
146
-
-
total
98
220
-
-
Income
1 350
1 350
1 350
1 350
Total tax
473
490
627
446
After tax
877
860
723
904
Living cost
344
344
344
344
Free-cash
533
516
379
560

Estimated living cost  is £344 per week

£225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
£161
£263
£429
£295
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
national
-
-
-
481
social contributions
-
-
-
211
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
68
total
-
-
-
760
Employee

The minimum management director salary is set at €45,000 per year.

641
-
1 046
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

30
-
49
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

33
-
55
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6
-
9
-
national
197
-
366
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

48
-
78
-
total
314
-
557
-
Employer

The minimum management director salary is set at €45,000 per year.

641
-
1 046
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

9
-
15
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

57
-
93
-
surtax
73
-
119
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

8
-
14
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

39
-
64
-
total
186
-
305
-
Corporate
522
1 350
-
-
income
104
270
-
-
surtax
2
5
-
-
total
106
275
-
-
Dividends
416
1 075
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

122
319
-
-
total
122
319
-
-
Income
1 350
1 350
1 350
1 350
Total tax
728
594
862
760
After tax
622
756
488
590
Living cost
327
327
327
327
Free-cash
295
429
161
263

Estimated living cost  is £327 per week

£210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£332
£340
£367
£360
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
municipal
-
-
-
332
national
-
-
-
72
health
-
-
-
51
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
88
other
-
-
-
94
total
-
-
-
640
Employee
528
-
1 095
-
national
-
-
67
-
municipal
157
-
326
-
total
157
-
393
-
Employer
528
-
1 095
-
unemployment
14
-
21
-
pensions
57
-
88
-
other
61
-
94
-
accident
1
-
2
-
health
32
-
50
-
total
165
-
255
-
Corporate
656
1 350
-
-
income
144
297
-
-
total
144
297
-
-
Dividends
512
1 053
-
-
withholding
154
316
-
-
total
154
316
-
-
Income
1 350
1 350
1 350
1 350
Total tax
620
613
648
640
After tax
730
737
702
710
Living cost
370
370
370
370
Free-cash
360
367
332
340

Estimated living cost  is £370 per week

£246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£815
£523
£411
-£67
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
263
social contributions
-
-
-
154
total
-
-
-
417
Employee
588
-
-
-
income
130
-
-
-
social contributions
48
-
7
-
total
178
-
7
-
Employer
588
-
-
-
social contributions
829
-
118
-
total
829
-
118
-
Corporate
-
1 350
-
-
income
-
297
-
-
total
-
297
-
-
Dividends
-
1 053
-
-
income
-
232
-
-
total
-
232
-
-
Income
1 350
1 350
1 350
1 350
Total tax
1 007
529
125
417
After tax
343
821
1 225
933
Living cost
410
410
410
410
Free-cash
-67
411
815
523

Estimated living cost  is £410 per week

£266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£631
£644
£694
£659
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
236
social contributions
-
-
-
145
health
-
-
-
34
total
-
-
-
415
Employee
689
689
1 250
-
income
72
64
230
-
social contributions
33
57
77
-
health
7
12
21
-
total
112
133
328
-
Employer
689
689
1 250
-
social contributions
33
57
77
-
health
7
13
23
-
total
40
70
100
-
Corporate
906
591
-
-
income
113
74
-
-
total
113
74
-
-
Dividends
792
517
-
-
withholding
135
88
-
-
total
135
88
-
-
Income
1 350
1 350
1 350
1 350
Total tax
400
365
428
415
After tax
950
985
922
935
Living cost
291
291
291
291
Free-cash
659
694
631
644

Estimated living cost  is £291 per week

£199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£462
£585
£580
£632
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
366
pensions
-
-
-
75
total
-
-
-
441
Employee
445
-
1 181
-
income
81
-
284
-
health
6
-
18
-
pensions
34
-
93
-
total
121
-
395
-
Employer
445
-
1 181
-
pensions
45
-
147
-
health
8
-
22
-
total
53
-
169
-
Corporate
851
1 350
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

162
256
-
-
total
162
256
-
-
Dividends
690
1 094
-
-
withholding
58
190
-
-
total
58
190
-
-
Income
1 350
1 350
1 350
1 350
Total tax
394
446
564
441
After tax
956
904
786
909
Living cost
324
324
324
324
Free-cash
632
580
462
585

Estimated living cost  is £324 per week

£222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£68
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
£226
£286
£354
£312
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
municipal
-
-
-
9
regional
-
-
-
31
national
-
-
-
320
social contributions
-
-
-
347
total
-
-
-
707
Employee
755
-
1 350
-
regional
11
-
27
-
social contributions
255
-
455
-
national
128
-
277
-
municipal
5
-
8
-
total
399
-
767
-
Employer
755
-
1 350
-
total
-
-
-
-
Corporate
595
1 350
-
-
nationa
143
324
-
-
municipal
29
65
-
-
total
172
389
-
-
Dividends
423
961
-
-
withholding
110
250
-
-
total
110
250
-
-
Income
1 350
1 350
1 350
1 350
Total tax
681
639
767
707
After tax
669
711
583
643
Living cost
357
357
357
357
Free-cash
312
354
226
286

Estimated living cost  is £357 per week

£251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£541
£737
-£78
£81
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
367
health
-
-
-
19
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
426
Employee
294
-
1 207
-
income
40
-
275
-
health
34
-
138
-
pensions
33
-
65
-
total
107
-
478
-
Employer
294
-
1 207
-
unemployment
7
-
30
-
pensions
48
-
94
-
accident
5
-
20
-
total
60
-
144
-
Corporate
996
1 350
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

896
1 215
-
-
total
896
1 215
-
-
Dividends
100
135
-
-
withholding
19
26
-
-
total
19
26
-
-
Income
1 350
1 350
1 350
1 350
Total tax
1 082
1 241
622
426
After tax
268
109
728
924
Living cost
187
187
187
187
Free-cash
81
-78
541
737

Estimated living cost  is £187 per week

£137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£36
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
£529
£395
£350
£466
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
1 350
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
392
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
61
trade
-
-
-
134
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
22
total
-
-
-
609
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

446
-
1 350
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

37
-
392
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

61
-
61
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
22
-
total
100
-
475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
904
1 350
-
-
chamber of commerce
3
3
-
-
income
136
202
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

7
11
-
-
trade
130
194
-
-
total
276
410
-
-
Dividends
629
939
-
-
withholding
154
231
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

8
13
-
-
total
162
244
-
-
Income
1 350
1 350
1 350
1 350
Total tax
538
654
475
609
After tax
812
696
875
741
Living cost
346
346
346
346
Free-cash
466
350
529
395

Estimated living cost  is £346 per week

£239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
£635
£256
£894
£820
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
1 350
microenterprise
-
-
-
-
income
-
-
-
221
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
343
surtax
-
-
-
344
total
-
-
-
908
Employee
262
-
970
-
income
47
-
188
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

29
-
107
-
surtax
-
-
-
-
total
76
-
295
-
Employer
262
-
970
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

63
-
234
-
surtax
-
-
-
-
total
63
-
234
-
Corporate
1 025
1 350
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

205
270
-
-
total
205
270
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

820
1 080
-
-
total
-
-
-
-
Income
1 350
1 350
1 350
1 350
Total tax
344
270
529
908
After tax
1 006
1 080
821
442
Living cost
186
186
186
186
Free-cash
820
894
635
256

Estimated living cost  is £186 per week

£119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£687
£694
£726
£707
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
395
health
-
-
-
61
pensions
-
-
-
84
total
-
-
-
540
Employee
176
-
1 255
-
income
34
-
390
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
453
-
Employer
176
-
1 255
-
unemployment
4
-
8
-
pensions
19
-
46
-
health
17
-
40
-
total
40
-
94
-
Corporate
1 134
1 350
-
-
income
249
297
-
-
total
249
297
-
-
Dividends
885
1 053
-
-
withholding
177
211
-
-
total
177
211
-
-
Income
1 350
1 350
1 350
1 350
Total tax
527
508
547
540
After tax
823
842
803
810
Living cost
116
116
116
116
Free-cash
707
726
687
694

Estimated living cost  is £116 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£397
£440
£648
£619
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
335
health
-
-
-
85
unemployment
-
-
-
2
surtax
-
-
-
48
pensions
-
-
-
239
other
-
-
-
-
total
-
-
-
709
Employee
302
-
1 115
-
other
-
-
-
-
income
51
-
295
-
health
8
-
28
-
unemployment
21
-
78
-
surtax
1
-
42
-
pensions
20
-
74
-
total
101
-
517
-
Employer
302
-
1 115
-
unemployment
10
-
35
-
pensions
40
-
149
-
other
-
-
-
-
health
14
-
51
-
total
64
-
235
-
Corporate
985
1 350
-
-
income
256
351
-
-
total
256
351
-
-
Dividends
729
999
-
-
withholding
109
150
-
-
total
109
150
-
-
Income
1 350
1 350
1 350
1 350
Total tax
530
501
752
709
After tax
820
849
598
641
Living cost
201
201
201
201
Free-cash
619
648
397
440

Estimated living cost  is £201 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£66
£408
£461
£459
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
1 350
income
-
-
-
322
chamber of commerce
-
-
-
5
health
-
-
-
80
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
194
total
-
-
-
656
Employee
392
357
1 049
-
other
4
4
10
-
income
35
26
254
-
health
15
14
41
-
unemployment
12
11
31
-
pensions
40
37
107
-
total
106
92
443
-
Employer
392
357
1 049
-
unemployment
12
11
31
-
chamber of commerce
2
1
4
-
pensions
49
45
131
-
payroll
12
11
31