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
£ 1450
per

Your estimated
City
free-cash

Valencia , Spain
£529
£566
£721
£680
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
-
-
-
1 450
income
-
-
-
384
accident
-
-
-
8
unemployment
-
-
-
6
pensions
-
-
-
237
other
-
-
-
1
total
-
-
-
636
Employee
333
-
1 183
-
other
-
-
1
-
income
64
-
353
-
unemployment
5
-
13
-
pensions
16
-
39
-
total
85
-
406
-
Employer
333
-
1 183
-
unemployment
18
-
46
-
pensions
79
-
197
-
other
3
-
7
-
accident
7
-
17
-
total
107
-
267
-
Corporate
1 010
1 450
-
-
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.

152
217
-
-
total
152
217
-
-
Dividends
859
1 233
-
-
withholding
178
264
-
-
total
178
264
-
-
Income
1 450
1 450
1 450
1 450
Total tax
522
481
673
636
After tax
928
969
777
814
Living cost
248
248
248
248
Free-cash
680
721
529
566

Estimated living cost  is £248 per week

£167
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
£585
£545
£826
£764
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
-
-
-
1 450
income
-
-
-
211
health
-
-
-
60
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.

-
-
-
329
other
-
-
-
65
total
-
-
-
665
Employee
327
-
1 158
-
income
56
-
224
-
health
5
-
16
-
unemployment
3
-
12
-
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
-
81
-
total
87
-
333
-
Employer
327
-
1 158
-
unemployment
3
-
12
-
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
-
197
-
other
16
-
58
-
accident
3
-
9
-
health
5
-
16
-
total
83
-
292
-
Corporate
1 040
1 450
-
-
income
218
304
-
-
total
218
304
-
-
Dividends
822
1 146
-
-
withholding
58
80
-
-
total
58
80
-
-
Income
1 450
1 450
1 450
1 450
Total tax
446
384
625
665
After tax
1 004
1 066
825
785
Living cost
240
240
240
240
Free-cash
764
826
585
545

Estimated living cost  is £240 per week

£170
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
£1086
£1030
£1122
£1079
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
-
-
-
1 450
income
-
-
-
218
health
-
-
-
36
unemployment
-
-
-
1
pensions

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

-
-
-
47
total
-
-
-
302
Employee
156
-
1 388
-
income
16
-
139
-
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
-
28
-
total
39
-
184
-
Employer
156
-
1 388
-
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
1 263
1 450
-
-
income
126
145
-
-
total
126
145
-
-
Dividends
1 137
1 305
-
-
withholding
57
65
-
-
total
57
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
253
210
246
302
After tax
1 197
1 240
1 204
1 148
Living cost
118
118
118
118
Free-cash
1 079
1 122
1 086
1 030

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.
£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
£503
£510
£421
£475
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
-
-
-
1 450
income
-
-
-
216
social contributions
-
-
-
41
health
-
-
-
57
surtax
-
-
-
-
pensions
-
-
-
272
other
-
-
-
45
total
-
-
-
631
Employee
386
-
1 131
-
income
23
-
212
-
social contributions
11
-
32
-
surtax
-
-
-
-
pensions
44
-
75
-
total
78
-
319
-
Employer
386
-
1 131
-
unemployment
16
-
46
-
social contributions
1
-
3
-
pensions
63
-
127
-
other
13
-
43
-
health
27
-
100
-
total
120
-
319
-
Corporate
943
1 450
-
-
income
264
406
-
-
surtax
-
-
-
-
total
264
406
-
-
Dividends
679
1 044
-
-
withholding
87
134
-
-
surtax
-
-
-
-
social contributions
117
180
-
-
total
204
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
666
720
638
631
After tax
784
730
812
819
Living cost
309
309
309
309
Free-cash
475
421
503
510

Estimated living cost  is £309 per week

£195
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
£512
£432
£336
£281
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
-
-
-
1 450
income
-
-
-
423
health
-
-
-
111
pensions
-
-
-
106
total
-
-
-
640
Employee
770
770
1 282
-
income

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

126
126
175
-
health
118
101
111
-
pensions
139
106
106
-
total
383
333
392
-
Employer
770
770
1 282
-
unemployment
28
28
34
-
pensions
54
54
67
-
health
54
54
67
-
total
136
136
168
-
Corporate
554
545
-
-
income
111
109
-
-
total
111
109
-
-
Dividends
443
436
-
-
withholding
67
65
-
-
income
94
93
-
-
total
161
158
-
-
Income
1 450
1 450
1 450
1 450
Total tax
791
736
560
640
After tax
659
714
890
810
Living cost
378
378
378
378
Free-cash
281
336
512
432

Estimated living cost  is £378 per week

£268
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
£658
£496
£460
£557
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.

-
-
-
1 450
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.

-
-
-
433
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
trade
-
-
-
162
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.

-
-
-
24
total
-
-
-
681
Employee

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

345
-
1 450
-
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
-
433
-
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
-
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
-
24
-
total
73
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 105
1 450
-
-
chamber of commerce
3
3
-
-
income
166
217
-
-
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
-
-
trade
174
228
-
-
total
352
460
-
-
Dividends
753
989
-
-
withholding
185
244
-
-
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.

10
13
-
-
total
195
257
-
-
Income
1 450
1 450
1 450
1 450
Total tax
620
717
519
681
After tax
830
733
931
769
Living cost
273
273
273
273
Free-cash
557
460
658
496

Estimated living cost  is £273 per week

£172
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
£775
£789
£848
£800
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
-
-
-
1 450
income
-
-
-
269
social contributions
-
-
-
146
health
-
-
-
37
total
-
-
-
452
Employee
694
694
1 347
-
income
76
64
262
-
social contributions
26
58
78
-
health
5
12
23
-
total
107
134
363
-
Employer
694
694
1 347
-
social contributions
26
58
78
-
health
6
13
25
-
total
32
71
103
-
Corporate
1 102
686
-
-
income
138
86
-
-
total
138
86
-
-
Dividends
964
600
-
-
withholding
164
102
-
-
total
164
102
-
-
Income
1 450
1 450
1 450
1 450
Total tax
441
393
466
452
After tax
1 009
1 057
984
998
Living cost
209
209
209
209
Free-cash
800
848
775
789

Estimated living cost  is £209 per week

£125
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.
£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
£393
£499
£542
£532
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.

-
-
-
1 450
income
-
-
-
164
social contributions

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

-
-
-
504
surtax
-
-
-
-
total
-
-
-
668
Employee
415
-
1 172
-
income
86
-
367
-
social contributions
46
-
129
-
surtax
-
-
-
-
total
132
-
496
-
Employer
415
-
1 172
-
social contributions
99
-
278
-
total
99
-
278
-
Corporate
937
1 450
-
-
income
197
304
-
-
surtax
-
-
-
-
total
197
304
-
-
Dividends
740
1 146
-
-
withholding
207
321
-
-
total
207
321
-
-
Income
1 450
1 450
1 450
1 450
Total tax
635
625
774
668
After tax
815
825
676
782
Living cost
283
283
283
283
Free-cash
532
542
393
499

Estimated living cost  is £283 per week

£212
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
£1096
£1372
£1313
£1302
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%.

-
-
-
1 450
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
80
-
1 450
-
income
16
-
290
-
total
16
-
290
-
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%.

1 370
1 450
-
-
total
-
-
-
-
Dividends
1 370
1 450
-
-
withholding
68
73
-
-
total
68
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
84
73
290
14
After tax
1 366
1 377
1 160
1 436
Living cost
64
64
64
64
Free-cash
1 302
1 313
1 096
1 372

Estimated living cost  is £64 per week

£40
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£5
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.
£17
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
£434
£473
£757
£680
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.

-
-
-
1 450
income
-
-
-
325
health
-
-
-
143
unemployment
-
-
-
2
pensions
-
-
-
265
total
-
-
-
735
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.

399
-
1 255
-
income
69
-
301
-
health
26
-
81
-
unemployment
1
-
2
-
pensions
62
-
194
-
total
158
-
578
-
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.

399
-
1 255
-
unemployment
-
-
1
-
pensions
35
-
111
-
health
27
-
84
-
total
62
-
196
-
Corporate
989
1 450
-
-
income
188
275
-
-
total
188
275
-
-
Dividends
801
1 175
-
-
withholding
120
176
-
-
total
120
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
528
451
774
735
After tax
922
999
676
715
Living cost
242
242
242
242
Free-cash
680
757
434
473

Estimated living cost  is £242 per week

£166
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
£713
£808
£567
£600
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.

-
-
-
1 450
income
-
-
-
257
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
-
-
-
315
Employee
414
-
1 409
-
social contributions
41
-
41
-
income
45
-
328
-
total
86
-
369
-
Employer
414
-
1 409
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
995
1 450
-
-
income
348
508
-
-
total
348
508
-
-
Dividends
647
942
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
1 450
1 450
1 450
1 450
Total tax
523
556
410
315
After tax
927
894
1 040
1 135
Living cost
327
327
327
327
Free-cash
600
567
713
808

Estimated living cost  is £327 per week

£216
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.
£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
Vilnius , Lithuania
£715
£741
£693
£699
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
-
-
-
1 450
income
-
-
-
217
social contributions
-
-
-
200
health
-
-
-
101
total
-
-
-
518
Employee
306
-
1 450
-
income
51
-
243
-
social contributions
42
-
200
-
health
21
-
101
-
total
114
-
544
-
Employer
306
-
1 450
-
total
-
-
-
-
Corporate
1 144
1 450
-
-
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%.

57
73
-
-
total
57
73
-
-
Dividends
1 087
1 377
-
-
withholding
163
207
-
-
health
76
96
-
-
social contributions
150
190
-
-
total
389
493
-
-
Income
1 450
1 450
1 450
1 450
Total tax
560
566
544
518
After tax
890
884
906
932
Living cost
191
191
191
191
Free-cash
699
693
715
741

Estimated living cost  is £191 per week

£128
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
£514
£578
£754
£667
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
-
-
-
1 450
income
-
-
-
145
social contributions
-
-
-
286
solidarity contribution
-
-
-
-
health
-
-
-
196
total
-
-
-
627
Employee
361
-
1 105
-
solidarity contribution
-
-
-
-
income
43
-
134
-
social contributions
23
-
64
-
health
49
-
149
-
total
115
-
347
-
Employer
361
-
1 105
-
social contributions
90
-
245
-
health
32
-
99
-
total
122
-
344
-
Corporate
967
1 450
-
-
income
184
275
-
-
total
184
275
-
-
Dividends
783
1 175
-
-
withholding
117
176
-
-
total
117
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
538
451
691
627
After tax
912
999
759
823
Living cost
245
245
245
245
Free-cash
667
754
514
578

Estimated living cost  is £245 per week

£182
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
£1060
£1336
£1277
£1259
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%.

-
-
-
1 450
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
125
-
1 450
-
income
25
-
290
-
total
25
-
290
-
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%.

1 325
1 450
-
-
total
-
-
-
-
Dividends
1 325
1 450
-
-
withholding
66
73
-
-
total
66
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
91
73
290
14
After tax
1 359
1 377
1 160
1 436
Living cost
100
100
100
100
Free-cash
1 259
1 277
1 060
1 336

Estimated living cost  is £100 per week

£68
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.
£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.
£25
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
£376
£383
£294
£357
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
-
-
-
1 450
income
-
-
-
216
social contributions
-
-
-
41
health
-
-
-
57
surtax
-
-
-
-
pensions
-
-
-
272
other
-
-
-
45
total
-
-
-
631
Employee
565
-
1 131
-
income
49
-
212
-
social contributions
16
-
32
-
surtax
-
-
-
-
pensions
64
-
75
-
total
129
-
319
-
Employer
565
-
1 131
-
unemployment
23
-
46
-
social contributions
2
-
3
-
pensions
93
-
127
-
other
19
-
43
-
health
40
-
100
-
total
177
-
319
-
Corporate
709
1 450
-
-
income
198
406
-
-
surtax
-
-
-
-
total
198
406
-
-
Dividends
510
1 044
-
-
withholding
65
134
-
-
surtax
-
-
-
-
social contributions
88
180
-
-
total
153
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
657
720
638
631
After tax
793
730
812
819
Living cost
436
436
436
436
Free-cash
357
294
376
383

Estimated living cost  is £436 per week

£295
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.
£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
£718
£718
£892
£847
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.

-
-
-
1 450
income
-
-
-
325
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
173
total
-
-
-
576
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.

235
-
1 331
-
income
32
-
325
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
93
-
total
79
-
457
-
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.

235
-
1 331
-
unemployment
2
-
5
-
pensions
28
-
80
-
health
12
-
34
-
total
42
-
119
-
Corporate
1 173
1 450
-
-
income
176
217
-
-
total
176
217
-
-
Dividends
997
1 233
-
-
withholding
150
185
-
-
total
150
185
-
-
Income
1 450
1 450
1 450
1 450
Total tax
447
402
576
576
After tax
1 003
1 048
874
874
Living cost
156
156
156
156
Free-cash
847
892
718
718

Estimated living cost  is £156 per week

£105
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.
£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
£476
£544
£33
£303
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
-
-
-
1 450
regional
-
-
-
72
national
-
-
-
24
health
-
-
-
3
city
-
-
-
15
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.

-
-
-
29
pensions
-
-
-
133
total
-
-
-
276
Employee
737
-
1 298
-
regional
24
-
62
-
city
8
-
14
-
health
2
-
3
-
unemployment
-
-
-
-
national
3
-
18
-
pensions
62
-
109
-
total
99
-
206
-
Employer
737
-
1 298
-
unemployment
-
-
-
-
pensions
62
-
109
-
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
-
26
-
health
2
-
3
-
total
79
-
138
-
Corporate
626
1 450
-
-
regional
132
307
-
-
national
53
123
-
-
total
185
430
-
-
Dividends
441
1 020
-
-
withholding
154
357
-
-
total
154
357
-
-
Income
1 450
1 450
1 450
1 450
Total tax
517
787
344
276
After tax
933
663
1 106
1 174
Living cost
630
630
630
630
Free-cash
303
33
476
544

Estimated living cost  is £630 per week

£410
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.
£156
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
£424
£609
£571
£590
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

-
-
-
1 450
municipal
-
-
-
258
national
-
-
-
218
health
-
-
-
19
total
-
-
-
495
Employee
475
-
1 220
-
health
4
-
15
-
unemployment
7
-
18
-
national
8
-
136
-
municipal
78
-
199
-
pensions
32
-
82
-
total
129
-
450
-
Employer
475
-
1 220
-
unemployment
3
-
8
-
pensions
82
-
212
-
accident
-
-
1
-
health
4
-
9
-
total
89
-
230
-
Corporate
886
1 450
-
-
income
177
290
-
-
total
177
290
-
-
Dividends

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

532
870
-
-
national
23
86
-
-
municipal
96
157
-
-
total
119
243
-
-
Income
1 450
1 450
1 450
1 450
Total tax
514
533
680
495
After tax
936
917
770
955
Living cost
346
346
346
346
Free-cash
590
571
424
609

Estimated living cost  is £346 per week

£226
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.
£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.
£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
£190
£298
£482
£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
-
-
-
1 450
national
-
-
-
524
social contributions
-
-
-
225
communal

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

-
-
-
74
total
-
-
-
823
Employee

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

645
-
1 123
-
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
-
53
-
communal

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

34
-
59
-
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
-
10
-
national
198
-
399
-
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
-
84
-
total
316
-
605
-
Employer

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

645
-
1 123
-
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
-
16
-
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
-
99
-
surtax
73
-
127
-
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
-
15
-
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
-
69
-
total
187
-
326
-
Corporate
617
1 450
-
-
income
123
290
-
-
surtax
2
6
-
-
total
125
296
-
-
Dividends
491
1 154
-
-
withholding

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

144
343
-
-
total
144
343
-
-
Income
1 450
1 450
1 450
1 450
Total tax
772
639
931
823
After tax
678
811
519
627
Living cost
329
329
329
329
Free-cash
349
482
190
298

Estimated living cost  is £329 per week

£212
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
£381
£389
£426
£417
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
-
-
-
1 450
municipal
-
-
-
363
national
-
-
-
99
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
93
total
-
-
-
695
Employee
522
-
1 198
-
national
-
-
94
-
municipal
156
-
357
-
total
156
-
451
-
Employer
522
-
1 198
-
unemployment
14
-
21
-
pensions
56
-
87
-
other
61
-
93
-
accident
1
-
2
-
health
32
-
49
-
total
164
-
252
-
Corporate
764
1 450
-
-
income
168
319
-
-
total
168
319
-
-
Dividends
596
1 131
-
-
withholding
179
339
-
-
total
179
339
-
-
Income
1 450
1 450
1 450
1 450
Total tax
667
658
703
695
After tax
783
792
747
755
Living cost
366
366
366
366
Free-cash
417
426
381
389

Estimated living cost  is £366 per week

£243
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.
£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
Oslo , Norway
£938
£610
£490
£58
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
-
-
-
1 450
income
-
-
-
283
social contributions
-
-
-
165
total
-
-
-
448
Employee
562
-
-
-
income
124
-
-
-
social contributions
46
-
7
-
total
170
-
7
-
Employer
562
-
-
-
social contributions
793
-
113
-
total
793
-
113
-
Corporate
95
1 450
-
-
income
21
319
-
-
total
21
319
-
-
Dividends
74
1 131
-
-
income
16
249
-
-
total
16
249
-
-
Income
1 450
1 450
1 450
1 450
Total tax
1 000
568
120
448
After tax
450
882
1 330
1 002
Living cost
392
392
392
392
Free-cash
58
490
938
610

Estimated living cost  is £392 per week

£254
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.
£96
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
£691
£705
£764
£727
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
-
-
-
1 450
income
-
-
-
269
social contributions
-
-
-
146
health
-
-
-
37
total
-
-
-
452
Employee
694
694
1 347
-
income
73
64
262
-
social contributions
34
58
78
-
health
7
12
23
-
total
114
134
363
-
Employer
694
694
1 347
-
social contributions
34
58
78
-
health
8
13
25
-
total
42
71
103
-
Corporate
1 003
686
-
-
income
125
86
-
-
total
125
86
-
-
Dividends
877
600
-
-
withholding
149
102
-
-
total
149
102
-
-
Income
1 450
1 450
1 450
1 450
Total tax
430
393
466
452
After tax
1 020
1 057
984
998
Living cost
293
293
293
293
Free-cash
727
764
691
705

Estimated living cost  is £293 per week

£200
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
£513
£644
£634
£686
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
-
-
-
1 450
income
-
-
-
405
pensions
-
-
-
77
total
-
-
-
482
Employee
445
-
1 267
-
income
81
-
317
-
health
6
-
19
-
pensions
34
-
95
-
total
121
-
431
-
Employer
445
-
1 267
-
pensions
45
-
158
-
health
8
-
24
-
total
53
-
182
-
Corporate
951
1 450
-
-
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.

181
276
-
-
total
181
276
-
-
Dividends
771
1 174
-
-
withholding
85
216
-
-
total
85
216
-
-
Income
1 450
1 450
1 450
1 450
Total tax
440
492
613
482
After tax
1 010
958
837
968
Living cost
324
324
324
324
Free-cash
686
634
513
644

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
£261
£325
£405
£364
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
-
-
-
1 450
municipal
-
-
-
10
regional
-
-
-
33
national
-
-
-
350
social contributions
-
-
-
373
total
-
-
-
766
Employee
760
-
1 450
-
regional
11
-
29
-
social contributions
256
-
489
-
national
128
-
303
-
municipal
5
-
9
-
total
400
-
830
-
Employer
760
-
1 450
-
total
-
-
-
-
Corporate
690
1 450
-
-
nationa
166
348
-
-
municipal
33
70
-
-
total
199
418
-
-
Dividends
491
1 032
-
-
withholding
128
268
-
-
total
128
268
-
-
Income
1 450
1 450
1 450
1 450
Total tax
727
686
830
766
After tax
723
764
620
684
Living cost
359
359
359
359
Free-cash
364
405
261
325

Estimated living cost  is £359 per week

£252
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
£598
£803
-£71
£88
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
-
-
-
1 450
income
-
-
-
399
health
-
-
-
19
accident
-
-
-
2
pensions
-
-
-
36
other
-
-
-
3
total
-
-
-
459
Employee
296
-
1 302
-
income
41
-
302
-
health
34
-
149
-
pensions
33
-
65
-
total
108
-
516
-
Employer
296
-
1 302
-
unemployment
7
-
32
-
pensions
48
-
94
-
accident
5
-
22
-
total
60
-
148
-
Corporate
1 094
1 450
-
-
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.

985
1 305
-
-
total
985
1 305
-
-
Dividends
109
145
-
-
withholding
21
28
-
-
total
21
28
-
-
Income
1 450
1 450
1 450
1 450
Total tax
1 174
1 333
664
459
After tax
276
117
786
991
Living cost
188
188
188
188
Free-cash
88
-71
598
803

Estimated living cost  is £188 per week

£138
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
£583
£435
£399
£516
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.

-
-
-
1 450
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.

-
-
-
433
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
trade
-
-
-
148
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.

-
-
-
24
total
-
-
-
667
Employee

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

449
-
1 450
-
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
-
433
-
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
-
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
-
24
-
total
101
-
519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 001
1 450
-
-
chamber of commerce
3
3
-
-
income
150
217
-
-
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
12
-
-
trade
144
208
-
-
total
305
440
-
-
Dividends
696
1 009
-
-
withholding
171
249
-
-
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
14
-
-
total
180
263
-
-
Income
1 450
1 450
1 450
1 450
Total tax
586
703
519
667
After tax
864
747
931
783
Living cost
348
348
348
348
Free-cash
516
399
583
435

Estimated living cost  is £348 per week

£240
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
£683
£300
£972
£898
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.

-
-
-
1 450
microenterprise
-
-
-
-
income
-
-
-
246
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.

-
-
-
346
surtax
-
-
-
370
total
-
-
-
962
Employee
264
-
1 060
-
income
47
-
207
-
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
-
117
-
surtax
-
-
-
-
total
76
-
324
-
Employer
264
-
1 060
-
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
-
255
-
surtax
-
-
-
-
total
63
-
255
-
Corporate
1 123
1 450
-
-
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%.

225
290
-
-
total
225
290
-
-
Dividends

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

898
1 160
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
364
290
579
962
After tax
1 086
1 160
871
488
Living cost
188
188
188
188
Free-cash
898
972
683
300

Estimated living cost  is £188 per week

£120
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
£746
£755
£787
£767
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
-
-
-
1 450
income
-
-
-
428
health
-
-
-
63
pensions
-
-
-
86
total
-
-
-
577
Employee
180
-
1 353
-
income
35
-
424
-
health
9
-
22
-
unemployment
2
-
4
-
pensions
16
-
39
-
total
62
-
489
-
Employer
180
-
1 353
-
unemployment
4
-
9
-
pensions
20
-
47
-
health
17
-
41
-
total
41
-
97
-
Corporate
1 229
1 450
-
-
income
270
319
-
-
total
270
319
-
-
Dividends
959
1 131
-
-
withholding
192
226
-
-
total
192
226
-
-
Income
1 450
1 450
1 450
1 450
Total tax
565
545
586
577
After tax
885
905
864
873
Living cost
118
118
118
118
Free-cash
767
787
746
755

Estimated living cost  is £118 per week

£70
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.
£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.
£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
Athens , Greece
£429
£485
£709
£681
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
-
-
-
1 450
income
-
-
-
378
health
-
-
-
85
unemployment
-
-
-
2
surtax
-
-
-
56
pensions
-
-
-
241
other
-
-
-
-
total
-
-
-
762
Employee
304
-
1 198
-
other
-
-
-
-
income
51
-
325
-
health
8
-
31
-
unemployment
21
-
83
-
surtax
1
-
47
-
pensions
20
-
80
-
total
101
-
566
-
Employer
304
-
1 198
-
unemployment
10
-
38
-
pensions
40
-
160
-
other
-
-
-
-
health
14
-
54
-
total
64
-
252
-
Corporate
1 082
1 450
-
-
income
281
377
-
-
total
281
377
-
-
Dividends
801
1 073
-
-
withholding
120
161
-
-
total
120
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
566
538
818
762
After tax
884
912
632
688
Living cost
203
203
203
203
Free-cash
681
709
429
485

Estimated living cost  is £203 per week

£122
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
£92
£457
£514
£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
-
-
-
1 450
income
-
-
-
368
chamber of commerce
-
-
-
6
health
-
-
-
81
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
195
total
-
-
-
705
Employee
394
359
1 140
-
other
4
4
11
-
income
35
27
291
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
40
37
108
-
total
106
93
483
-
Employer
394
359
1 140
-
unemployment
12
11
32
-
chamber of commerce
2
1
5
-
pensions
49
45
132
-
payroll
12
11