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
£610
£471
£509
£653
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
unemployment
-
-
-
6
income
-
-
-
337
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
239
total
-
-
-
591
Employee
336
-
1 081
-
unemployment
5
-
13
-
pensions
16
-
40
-
income
65
-
306
-
other
-
-
1
-
total
86
-
360
-
Employer
336
-
1 081
-
pensions
79
-
199
-
accident
7
-
17
-
unemployment
19
-
46
-
other
3
-
7
-
total
108
-
269
-
Corporate
906
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.

136
202
-
-
total
136
202
-
-
Dividends
770
1 148
-
-
withholding
160
245
-
-
total
160
245
-
-
Income
1 350
1 350
1 350
1 350
Total tax
490
447
629
591
After tax
860
903
721
759
Living cost
250
250
250
250
Free-cash
610
653
471
509

Estimated living cost  is £250 per week

£169
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.
£53
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
£687
£529
£474
£750
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
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
income
-
-
-
187
other
-
-
-
64
health
-
-
-
59
total
-
-
-
634
Employee
330
-
1 078
-
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
-
income
57
-
206
-
total
88
-
307
-
Employer
330
-
1 078
-
health
5
-
15
-
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.

56
-
183
-
accident
3
-
9
-
unemployment
3
-
11
-
other
17
-
54
-
total
84
-
272
-
Corporate
936
1 350
-
-
income
197
283
-
-
total
197
283
-
-
Dividends
740
1 067
-
-
withholding
52
75
-
-
total
52
75
-
-
Income
1 350
1 350
1 350
1 350
Total tax
421
358
579
634
After tax
929
992
771
716
Living cost
242
242
242
242
Free-cash
687
750
529
474

Estimated living cost  is £242 per week

£171
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.
£51
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
£993
£994
£944
£1035
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
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
202
health
-
-
-
37
total
-
-
-
287
Employee
158
-
1 288
-
health
7
-
15
-
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
-
28
-
income
16
-
129
-
total
39
-
175
-
Employer
158
-
1 288
-
health
11
-
22
-
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
-
unemployment
1
-
2
-
total
31
-
62
-
Corporate
1 161
1 350
-
-
income
116
135
-
-
total
116
135
-
-
Dividends
1 045
1 215
-
-
withholding
52
61
-
-
total
52
61
-
-
Income
1 350
1 350
1 350
1 350
Total tax
238
196
237
287
After tax
1 112
1 154
1 113
1 063
Living cost
119
119
119
119
Free-cash
993
1 035
994
944

Estimated living cost  is £119 per week

£70
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.
£38
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
£424
£459
£454
£370
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
-
-
-
191
other
-
-
-
42
health
-
-
-
49
social contributions
-
-
-
38
pensions
-
-
-
265
surtax
-
-
-
-
total
-
-
-
585
Employee
389
-
1 060
-
pensions
44
-
67
-
income
23
-
192
-
social contributions
11
-
30
-
surtax
-
-
-
-
total
78
-
289
-
Employer
389
-
1 060
-
health
27
-
91
-
social contributions
1
-
3
-
pensions
64
-
115
-
unemployment
16
-
43
-
other
13
-
39
-
total
121
-
291
-
Corporate
839
1 350
-
-
income
235
378
-
-
surtax
-
-
-
-
total
235
378
-
-
Dividends
604
972
-
-
social contributions
104
167
-
-
surtax
-
-
-
-
withholding
77
124
-
-
total
181
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
615
669
580
585
After tax
735
681
770
765
Living cost
311
311
311
311
Free-cash
424
370
459
454

Estimated living cost  is £311 per week

£196
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.
£84
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
£228
£435
£382
£285
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
pensions
-
-
-
107
income
-
-
-
368
health
-
-
-
112
total
-
-
-
587
Employee
777
777
1 181
-
health
119
101
112
-
pensions
140
107
107
-
income

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

127
127
146
-
total
386
335
365
-
Employer
777
777
1 181
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
446
437
-
-
income
89
87
-
-
total
89
87
-
-
Dividends
357
350
-
-
income
76
74
-
-
withholding
54
52
-
-
total
130
126
-
-
Income
1 350
1 350
1 350
1 350
Total tax
741
684
534
587
After tax
609
666
816
763
Living cost
381
381
381
381
Free-cash
228
285
435
382

Estimated living cost  is £381 per week

£270
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.
£71
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
£506
£602
£456
£406
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
trade
-
-
-
146
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.

-
-
-
389
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.

-
-
-
62
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.

-
-
-
21
total
-
-
-
618
Employee

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

348
-
1 350
-
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.

62
-
62
-
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
-
389
-
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
-
21
-
total
73
-
472
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 002
1 350
-
-
income
150
202
-
-
trade
158
213
-
-
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
-
-
chamber of commerce
3
3
-
-
total
319
429
-
-
Dividends
683
920
-
-
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
-
-
withholding
167
227
-
-
total
176
239
-
-
Income
1 350
1 350
1 350
1 350
Total tax
568
668
472
618
After tax
782
682
878
732
Living cost
276
276
276
276
Free-cash
506
406
602
456

Estimated living cost  is £276 per week

£173
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.
£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.

Larnaca , Cyprus
£726
£713
£725
£775
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
-
-
-
233
health
-
-
-
34
social contributions
-
-
-
147
total
-
-
-
414
Employee
700
700
1 249
-
health
5
12
21
-
income
76
65
226
-
social contributions
26
58
78
-
total
107
135
325
-
Employer
700
700
1 249
-
health
6
13
23
-
social contributions
26
58
78
-
total
32
71
101
-
Corporate
999
579
-
-
income
125
72
-
-
total
125
72
-
-
Dividends
874
507
-
-
withholding
149
86
-
-
total
149
86
-
-
Income
1 350
1 350
1 350
1 350
Total tax
413
364
426
414
After tax
937
986
924
936
Living cost
211
211
211
211
Free-cash
726
775
713
725

Estimated living cost  is £211 per week

£126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£21
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.
£59
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
£474
£352
£447
£483
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
-
-
-
149
social contributions

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

-
-
-
469
surtax
-
-
-
-
total
-
-
-
618
Employee
418
-
1 091
-
income
87
-
334
-
social contributions
46
-
120
-
surtax
-
-
-
-
total
133
-
454
-
Employer
418
-
1 091
-
social contributions
99
-
259
-
total
99
-
259
-
Corporate
832
1 350
-
-
income
175
283
-
-
surtax
-
-
-
-
total
175
283
-
-
Dividends
657
1 067
-
-
withholding
184
299
-
-
total
184
299
-
-
Income
1 350
1 350
1 350
1 350
Total tax
591
582
713
618
After tax
759
768
637
732
Living cost
285
285
285
285
Free-cash
474
483
352
447

Estimated living cost  is £285 per week

£214
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
£1202
£1012
£1269
£1214
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.

-
-
-
13
total
-
-
-
13
Employee
85
-
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%.

1 265
1 350
-
-
total
-
-
-
-
Dividends
1 265
1 350
-
-
withholding
63
68
-
-
total
63
68
-
-
Income
1 350
1 350
1 350
1 350
Total tax
80
68
270
13
After tax
1 270
1 282
1 080
1 337
Living cost
68
68
68
68
Free-cash
1 202
1 214
1 012
1 269

Estimated living cost  is £68 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
£609
£392
£428
£685
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
pensions
-
-
-
247
unemployment
-
-
-
2
income
-
-
-
296
health
-
-
-
133
total
-
-
-
678
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.

402
-
1 168
-
health
26
-
75
-
unemployment
1
-
2
-
pensions
62
-
181
-
income
69
-
274
-
total
158
-
532
-
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.

402
-
1 168
-
health
27
-
78
-
pensions
36
-
103
-
unemployment
-
-
1
-
total
63
-
182
-
Corporate
885
1 350
-
-
income
168
257
-
-
total
168
257
-
-
Dividends
717
1 093
-
-
withholding
108
164
-
-
total
108
164
-
-
Income
1 350
1 350
1 350
1 350
Total tax
497
421
714
678
After tax
853
929
636
672
Living cost
244
244
244
244
Free-cash
609
685
392
428

Estimated living cost  is £244 per week

£167
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.
£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.
£56
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
£531
£645
£703
£499
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
-
-
-
259
health

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

-
-
-
58
total
-
-
-
317
Employee
417
-
1 308
-
social contributions
42
-
42
-
income
45
-
291
-
total
87
-
333
-
Employer
417
-
1 308
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
891
1 350
-
-
income
312
473
-
-
total
312
473
-
-
Dividends
579
877
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
1 350
1 350
1 350
1 350
Total tax
489
521
375
317
After tax
861
829
975
1 033
Living cost
330
330
330
330
Free-cash
531
499
645
703

Estimated living cost  is £330 per week

£218
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.
£82
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
£635
£654
£675
£631
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
-
-
-
94
social contributions
-
-
-
186
total
-
-
-
482
Employee
308
-
1 350
-
health
22
-
94
-
income
51
-
223
-
social contributions
43
-
186
-
total
116
-
503
-
Employer
308
-
1 350
-
total
-
-
-
-
Corporate
1 042
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
989
1 283
-
-
social contributions
137
177
-
-
withholding
148
192
-
-
health
69
90
-
-
total
354
459
-
-
Income
1 350
1 350
1 350
1 350
Total tax
522
526
503
482
After tax
828
824
847
868
Living cost
193
193
193
193
Free-cash
635
631
654
675

Estimated living cost  is £193 per week

£129
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
£585
£431
£487
£676
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
-
-
-
131
health
-
-
-
182
social contributions
-
-
-
296
solidarity contribution
-
-
-
-
total
-
-
-
609
Employee
373
-
1 007
-
health
50
-
136
-
solidarity contribution
-
-
-
-
income
45
-
121
-
social contributions
24
-
65
-
total
119
-
322
-
Employer
373
-
1 007
-
health
34
-
91
-
social contributions
93
-
252
-
total
127
-
343
-
Corporate
850
1 350
-
-
income
162
256
-
-
total
162
256
-
-
Dividends
689
1 094
-
-
withholding
103
164
-
-
total
103
164
-
-
Income
1 350
1 350
1 350
1 350
Total tax
511
420
665
609
After tax
839
930
685
741
Living cost
254
254
254
254
Free-cash
585
676
431
487

Estimated living cost  is £254 per week

£189
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.
£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
Tbilisi , Georgia
£1157
£974
£1231
£1176
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.

-
-
-
13
total
-
-
-
13
Employee
132
-
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%.

1 218
1 350
-
-
total
-
-
-
-
Dividends
1 218
1 350
-
-
withholding
61
68
-
-
total
61
68
-
-
Income
1 350
1 350
1 350
1 350
Total tax
87
68
270
13
After tax
1 263
1 282
1 080
1 337
Living cost
106
106
106
106
Free-cash
1 157
1 176
974
1 231

Estimated living cost  is £106 per week

£72
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
£303
£331
£326
£242
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
-
-
-
191
other
-
-
-
42
health
-
-
-
49
social contributions
-
-
-
38
pensions
-
-
-
265
surtax
-
-
-
-
total
-
-
-
585
Employee
570
-
1 060
-
pensions
64
-
67
-
income
50
-
192
-
social contributions
16
-
30
-
surtax
-
-
-
-
total
130
-
289
-
Employer
570
-
1 060
-
health
40
-
91
-
social contributions
2
-
3
-
pensions
94
-
115
-
unemployment
23
-
43
-
other
20
-
39
-
total
179
-
291
-
Corporate
602
1 350
-
-
income
169
378
-
-
surtax
-
-
-
-
total
169
378
-
-
Dividends
434
972
-
-
social contributions
75
167
-
-
surtax
-
-
-
-
withholding
55
124
-
-
total
130
291
-
-
Income
1 350
1 350
1 350
1 350
Total tax
608
669
580
585
After tax
742
681
770
765
Living cost
439
439
439
439
Free-cash
303
242
331
326

Estimated living cost  is £439 per week

£297
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.
£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
Belgrade , Serbia
£773
£639
£640
£819
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
pensions
-
-
-
174
unemployment
-
-
-
10
income
-
-
-
300
health
-
-
-
69
total
-
-
-
553
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.

236
-
1 230
-
health
12
-
35
-
unemployment
2
-
5
-
pensions
33
-
94
-
income
33
-
300
-
total
80
-
434
-
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.

236
-
1 230
-
health
12
-
35
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
120
-
Corporate
1 071
1 350
-
-
income
161
202
-
-
total
161
202
-
-
Dividends
911
1 148
-
-
withholding
137
172
-
-
total
137
172
-
-
Income
1 350
1 350
1 350
1 350
Total tax
420
374
554
553
After tax
930
976
796
797
Living cost
157
157
157
157
Free-cash
773
819
639
640

Estimated living cost  is £157 per week

£106
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.
£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.
£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 Source
Zurich , Switzerland
£255
£403
£467
-£15
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
pensions
-
-
-
124
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
health
-
-
-
3
regional
-
-
-
64
national
-
-
-
19
total
-
-
-
251
Employee
740
-
1 208
-
health
2
-
3
-
unemployment
-
-
-
-
city
8
-
13
-
pensions
62
-
101
-
regional
24
-
55
-
national
4
-
15
-
total
100
-
187
-
Employer
740
-
1 208
-
health
2
-
3
-
pensions
62
-
101
-
unemployment
-
-
-
-
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
-
total
79
-
128
-
Corporate
523
1 350
-
-
regional
111
286
-
-
national
44
115
-
-
total
155
401
-
-
Dividends
368
950
-
-
withholding
129
332
-
-
total
129
332
-
-
Income
1 350
1 350
1 350
1 350
Total tax
463
733
315
251
After tax
887
617
1 035
1 099
Living cost
632
632
632
632
Free-cash
255
-15
403
467

Estimated living cost  is £632 per week

£411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£57
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.
£157
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
£531
£375
£558
£512
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
health
-
-
-
17
national
-
-
-
186
total
-
-
-
443
Employee
479
-
1 136
-
health
4
-
14
-
unemployment
7
-
17
-
pensions
32
-
77
-
national
8
-
119
-
municipal
78
-
185
-
total
129
-
412
-
Employer
479
-
1 136
-
health
4
-
9
-
pensions
83
-
197
-
accident
-
-
1
-
unemployment
3
-
7
-
total
90
-
214
-
Corporate
781
1 350
-
-
income
156
270
-
-
total
156
270
-
-
Dividends

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

469
810
-
-
municipal
84
146
-
-
national
11
73
-
-
total
95
219
-
-
Income
1 350
1 350
1 350
1 350
Total tax
470
489
626
443
After tax
880
861
724
907
Living cost
349
349
349
349
Free-cash
531
512
375
558

Estimated living cost  is £349 per week

£228
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.
£82
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
£287
£157
£259
£424
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
communal

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

-
-
-
68
social contributions
-
-
-
211
national
-
-
-
480
total
-
-
-
759
Employee

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

651
-
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.

31
-
49
-
communal

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

34
-
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
-
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.

49
-
78
-
national
200
-
365
-
total
320
-
556
-
Employer

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

651
-
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.

40
-
64
-
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.

58
-
93
-
surtax
74
-
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
-
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
-
total
189
-
305
-
Corporate
510
1 350
-
-
income
102
270
-
-
surtax
2
5
-
-
total
104
275
-
-
Dividends
406
1 075
-
-
withholding

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

118
319
-
-
total
118
319
-
-
Income
1 350
1 350
1 350
1 350
Total tax
731
594
861
759
After tax
619
756
489
591
Living cost
332
332
332
332
Free-cash
287
424
157
259

Estimated living cost  is £332 per week

£214
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.
£84
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
£337
£311
£322
£345
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
unemployment
-
-
-
1
municipal
-
-
-
328
other
-
-
-
100
health
-
-
-
54
national
-
-
-
58
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
636
Employee
559
-
1 080
-
national
-
-
54
-
municipal
167
-
322
-
total
167
-
376
-
Employer
559
-
1 080
-
health
34
-
53
-
pensions
60
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
175
-
271
-
Corporate
615
1 350
-
-
income
135
297
-
-
total
135
297
-
-
Dividends
480
1 053
-
-
withholding
144
316
-
-
total
144
316
-
-
Income
1 350
1 350
1 350
1 350
Total tax
621
613
647
636
After tax
729
737
703
714
Living cost
392
392
392
392
Free-cash
337
345
311
322

Estimated living cost  is £392 per week

£260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
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.
£88
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
-£143
£787
£501
£389
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
619
-
-
-
income
137
-
-
-
social contributions
51
-
7
-
total
188
-
7
-
Employer
619
-
-
-
social contributions
873
-
124
-
total
873
-
124
-
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
1 061
529
131
417
After tax
289
821
1 219
933
Living cost
432
432
432
432
Free-cash
-143
389
787
501

Estimated living cost  is £432 per week

£280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
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.
£106
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
£653
£629
£641
£691
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
-
-
-
233
health
-
-
-
34
social contributions
-
-
-
147
total
-
-
-
414
Employee
700
700
1 249
-
health
7
12
21
-
income
73
65
226
-
social contributions
34
58
78
-
total
114
135
325
-
Employer
700
700
1 249
-
health
8
13
23
-
social contributions
34
58
78
-
total
42
71
101
-
Corporate
899
579
-
-
income
112
72
-
-
total
112
72
-
-
Dividends
787
507
-
-
withholding
134
86
-
-
total
134
86
-
-
Income
1 350
1 350
1 350
1 350
Total tax
402
364
426
414
After tax
948
986
924
936
Living cost
295
295
295
295
Free-cash
653
691
629
641

Estimated living cost  is £295 per week

£202
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.
£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
Edinburgh , United Kingdom
£632
£462
£585
£580
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
-
health
6
-
18
-
pensions
34
-
93
-
income
81
-
284
-
total
121
-
395
-
Employer
445
-
1 181
-
health
8
-
22
-
pensions
45
-
147
-
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
£306
£222
£282
£349
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
social contributions
-
-
-
347
national
-
-
-
319
total
-
-
-
706
Employee
767
-
1 350
-
social contributions
259
-
455
-
regional
12
-
27
-
national
130
-
276
-
municipal
5
-
8
-
total
406
-
766
-
Employer
767
-
1 350
-
total
-
-
-
-
Corporate
583
1 350
-
-
nationa
140
324
-
-
municipal
28
65
-
-
total
168
389
-
-
Dividends
415
961
-
-
withholding
108
250
-
-
total
108
250
-
-
Income
1 350
1 350
1 350
1 350
Total tax
682
639
766
706
After tax
668
711
584
644
Living cost
362
362
362
362
Free-cash
306
349
222
282

Estimated living cost  is £362 per week

£255
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.
£77
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
£79
£534
£732
-£84
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
pensions
-
-
-
36
income
-
-
-
365
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
425
Employee
303
-
1 204
-
health
35
-
138
-
pensions
34
-
67
-
income
42
-
273
-
total
111
-
478
-
Employer
303
-
1 204
-
pensions
49
-
96
-
accident
5
-
20
-
unemployment
7
-
29
-
total
61
-
145
-
Corporate
985
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.

887
1 215
-
-
total
887
1 215
-
-
Dividends
99
135
-
-
withholding
19
26
-
-
total
19
26
-
-
Income
1 350
1 350
1 350
1 350
Total tax
1 078
1 241
623
425
After tax
272
109
727
925
Living cost
193
193
193
193
Free-cash
79
-84
534
732

Estimated living cost  is £193 per week

£141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£11
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.
£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

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
£463
£527
£394
£345
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
trade
-
-
-
133
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.

-
-
-
389
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.

-
-
-
62
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.

-
-
-
21
total
-
-
-
605
Employee

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

453
-
1 350
-
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.

62
-
62
-
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
-
389
-
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
-
21
-
total
101
-
472
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
897
1 350
-
-
income
135
202
-
-
trade
129
194
-
-
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
-
-
chamber of commerce
3
3
-
-
total
274
410
-
-
Dividends
624
939
-
-
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
-
-
withholding
153
231
-
-
total
161
244
-
-
Income
1 350
1 350
1 350
1 350
Total tax
536
654
472
605
After tax
814
696
878
745
Living cost
351
351
351
351
Free-cash
463
345
527
394

Estimated living cost  is £351 per week

£242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
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.
£66
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
£817
£635
£248
£891
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
income
-
-
-
220
microenterprise
-
-
-
-
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.

-
-
-
349
surtax
-
-
-
344
total
-
-
-
913
Employee
266
-
966
-
income
47
-
187
-
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
-
106
-
surtax
-
-
-
-
total
76
-
293
-
Employer
266
-
966
-
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.

64
-
233
-
surtax
-
-
-
-
total
64
-
233
-
Corporate
1 020
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%.

204
270
-
-
total
204
270
-
-
Dividends

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

816
1 080
-
-
total
-
-
-
-
Income
1 350
1 350
1 350
1 350
Total tax
344
270
526
913
After tax
1 006
1 080
824
437
Living cost
189
189
189
189
Free-cash
817
891
635
248

Estimated living cost  is £189 per week

£121
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
£712
£692
£700
£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
-
-
-
397
health
-
-
-
59
pensions
-
-
-
82
total
-
-
-
538
Employee
170
-
1 258
-
health
9
-
20
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
393
-
total
59
-
454
-
Employer
170
-
1 258
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
1 141
1 350
-
-
income
251
297
-
-
total
251
297
-
-
Dividends
890
1 053
-
-
withholding
178
211
-
-
total
178
211
-
-
Income
1 350
1 350
1 350
1 350
Total tax
526
508
546
538
After tax
824
842
804
812
Living cost
112
112
112
112
Free-cash
712
730
692
700

Estimated living cost  is £112 per week

£66
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.
£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
Athens , Greece
£616
£397
£436
£645
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
pensions
-
-
-
243
unemployment
-
-
-
2
income
-
-
-
331
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
48
total
-
-
-
710
Employee
306
-
1 115
-
health
8
-
28
-
unemployment
21
-
78
-
pensions
20
-
74
-
income
51
-
293
-
other
-
-
-
-
surtax
1
-
41
-
total
101
-
514
-
Employer
306
-
1 115
-
health
14
-
51
-
pensions
41
-
149
-
unemployment
10
-
35
-
other
-
-
-
-
total
65
-
235
-
Corporate
979
1 350
-
-
income
255
351
-
-
total
255
351
-
-
Dividends
725
999
-
-
withholding
109
150
-
-
total
109
150
-
-
Income
1 350
1 350
1 350
1 350
Total tax
530
501
749
710
After tax
820
849
601
640
Living cost
204
204
204
204
Free-cash
616
645
397
436

Estimated living cost  is £204 per week

£123
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.
£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
£456
£64
£403
£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
pensions
-
-
-
197
chamber of commerce
-
-
-
5
unemployment
-
-
-
56
income
-
-
-
318
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
657
Employee
398
363
1 048
-
health
15
14
41
-
unemployment
12
11
31
-
pensions
41
37
107
-
income
35
27
252
-
other
4
4
10
-
total
107
93
441
-
Employer
398
363
1 048
-
health
15
14
40
-
pensions
50
46
132
-
surtax
-
-
-
-
accident
5
5
14