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
£678
£527
£565
£718
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
unemployment
-
-
-
6
income
-
-
-
381
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
239
total
-
-
-
635
Employee
337
-
1 181
-
unemployment
5
-
13
-
pensions
16
-
40
-
income
65
-
350
-
other
-
-
1
-
total
86
-
404
-
Employer
337
-
1 181
-
pensions
79
-
199
-
accident
7
-
17
-
unemployment
19
-
46
-
other
3
-
7
-
total
108
-
269
-
Corporate
1 006
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.

151
218
-
-
total
151
218
-
-
Dividends
855
1 232
-
-
withholding
177
264
-
-
total
177
264
-
-
Income
1 450
1 450
1 450
1 450
Total tax
522
482
673
635
After tax
928
968
777
815
Living cost
250
250
250
250
Free-cash
678
718
527
565

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
£760
£582
£539
£822
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
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.

-
-
-
332
income
-
-
-
209
other
-
-
-
66
health
-
-
-
61
total
-
-
-
668
Employee
331
-
1 158
-
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
-
income
57
-
224
-
total
88
-
333
-
Employer
331
-
1 158
-
health
5
-
16
-
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
-
accident
3
-
9
-
unemployment
3
-
12
-
other
17
-
58
-
total
84
-
292
-
Corporate
1 036
1 450
-
-
income
218
305
-
-
total
218
305
-
-
Dividends
818
1 145
-
-
withholding
57
80
-
-
total
57
80
-
-
Income
1 450
1 450
1 450
1 450
Total tax
447
385
625
668
After tax
1 003
1 065
825
782
Living cost
243
243
243
243
Free-cash
760
822
582
539

Estimated living cost  is £243 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
£1078
£1084
£1028
£1121
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
pensions

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

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
218
health
-
-
-
37
total
-
-
-
303
Employee
158
-
1 388
-
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
-
139
-
total
39
-
185
-
Employer
158
-
1 388
-
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
1 261
1 450
-
-
income
126
145
-
-
total
126
145
-
-
Dividends
1 135
1 305
-
-
withholding
57
65
-
-
total
57
65
-
-
Income
1 450
1 450
1 450
1 450
Total tax
253
210
247
303
After tax
1 197
1 240
1 203
1 147
Living cost
119
119
119
119
Free-cash
1 078
1 121
1 084
1 028

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
£474
£503
£509
£418
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
-
-
-
214
other
-
-
-
45
health
-
-
-
56
social contributions
-
-
-
41
pensions
-
-
-
273
surtax
-
-
-
-
total
-
-
-
629
Employee
390
-
1 132
-
pensions
44
-
75
-
income
23
-
211
-
social contributions
11
-
32
-
surtax
-
-
-
-
total
78
-
318
-
Employer
390
-
1 132
-
health
27
-
100
-
social contributions
1
-
3
-
pensions
64
-
126
-
unemployment
16
-
46
-
other
13
-
42
-
total
121
-
317
-
Corporate
939
1 450
-
-
income
263
406
-
-
surtax
-
-
-
-
total
263
406
-
-
Dividends
676
1 044
-
-
social contributions
116
180
-
-
surtax
-
-
-
-
withholding
86
134
-
-
total
202
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
664
720
635
629
After tax
786
730
815
821
Living cost
312
312
312
312
Free-cash
474
418
503
509

Estimated living cost  is £312 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
£280
£508
£430
£335
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
pensions
-
-
-
107
income
-
-
-
420
health
-
-
-
112
total
-
-
-
639
Employee
778
778
1 281
-
health
119
102
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
173
-
total
386
336
392
-
Employer
778
778
1 281
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
546
536
-
-
income
109
107
-
-
total
109
107
-
-
Dividends
437
429
-
-
income
93
91
-
-
withholding
65
64
-
-
total
158
155
-
-
Income
1 450
1 450
1 450
1 450
Total tax
789
734
561
639
After tax
661
716
889
811
Living cost
381
381
381
381
Free-cash
280
335
508
430

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
£556
£657
£495
£456
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
trade
-
-
-
162
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.

-
-
-
431
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.

-
-
-
24
total
-
-
-
679
Employee

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

348
-
1 450
-
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
-
431
-
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
-
517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 102
1 450
-
-
income
165
218
-
-
trade
174
228
-
-
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
-
-
chamber of commerce
3
3
-
-
total
351
461
-
-
Dividends
751
989
-
-
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
-
-
withholding
184
244
-
-
total
194
257
-
-
Income
1 450
1 450
1 450
1 450
Total tax
618
718
517
679
After tax
832
732
933
771
Living cost
276
276
276
276
Free-cash
556
456
657
495

Estimated living cost  is £276 per week

£174
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
£800
£775
£788
£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
-
-
-
1 450
income
-
-
-
267
health
-
-
-
37
social contributions
-
-
-
147
total
-
-
-
451
Employee
700
700
1 347
-
health
5
12
23
-
income
76
65
260
-
social contributions
26
58
78
-
total
107
135
361
-
Employer
700
700
1 347
-
health
6
13
25
-
social contributions
26
58
78
-
total
32
71
103
-
Corporate
1 099
679
-
-
income
137
85
-
-
total
137
85
-
-
Dividends
961
594
-
-
withholding
163
101
-
-
total
163
101
-
-
Income
1 450
1 450
1 450
1 450
Total tax
439
392
464
451
After tax
1 011
1 058
986
999
Living cost
211
211
211
211
Free-cash
800
847
775
788

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
£530
£391
£496
£538
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
419
-
1 172
-
income
87
-
366
-
social contributions
46
-
129
-
surtax
-
-
-
-
total
133
-
495
-
Employer
419
-
1 172
-
social contributions
99
-
278
-
total
99
-
278
-
Corporate
932
1 450
-
-
income
196
305
-
-
surtax
-
-
-
-
total
196
305
-
-
Dividends
736
1 145
-
-
withholding
206
321
-
-
total
206
321
-
-
Income
1 450
1 450
1 450
1 450
Total tax
634
626
773
668
After tax
816
824
677
782
Living cost
286
286
286
286
Free-cash
530
538
391
496

Estimated living cost  is £286 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
£1297
£1092
£1368
£1309
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
85
-
1 450
-
income
17
-
290
-
total
17
-
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%.

1 365
1 450
-
-
total
-
-
-
-
Dividends
1 365
1 450
-
-
withholding
68
73
-
-
total
68
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
85
73
290
14
After tax
1 365
1 377
1 160
1 436
Living cost
68
68
68
68
Free-cash
1 297
1 309
1 092
1 368

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
£678
£433
£472
£754
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
pensions
-
-
-
265
unemployment
-
-
-
2
income
-
-
-
324
health
-
-
-
143
total
-
-
-
734
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.

403
-
1 255
-
health
26
-
81
-
unemployment
1
-
2
-
pensions
62
-
194
-
income
69
-
300
-
total
158
-
577
-
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.

403
-
1 255
-
health
27
-
84
-
pensions
36
-
111
-
unemployment
-
-
1
-
total
63
-
196
-
Corporate
985
1 450
-
-
income
187
276
-
-
total
187
276
-
-
Dividends
798
1 174
-
-
withholding
120
176
-
-
total
120
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
528
452
773
734
After tax
922
998
677
716
Living cost
244
244
244
244
Free-cash
678
754
433
472

Estimated living cost  is £244 per week

£168
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
£595
£709
£803
£563
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
-
-
-
259
health

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

-
-
-
57
total
-
-
-
316
Employee
418
-
1 408
-
social contributions
42
-
42
-
income
45
-
326
-
total
87
-
368
-
Employer
418
-
1 408
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
990
1 450
-
-
income
347
508
-
-
total
347
508
-
-
Dividends
644
942
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
1 450
1 450
1 450
1 450
Total tax
524
556
410
316
After tax
926
894
1 040
1 134
Living cost
331
331
331
331
Free-cash
595
563
709
803

Estimated living cost  is £331 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
£695
£713
£738
£692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
income
-
-
-
218
health
-
-
-
101
social contributions
-
-
-
200
total
-
-
-
519
Employee
309
-
1 450
-
health
22
-
101
-
income
51
-
243
-
social contributions
43
-
200
-
total
116
-
544
-
Employer
309
-
1 450
-
total
-
-
-
-
Corporate
1 141
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
72
-
-
total
57
72
-
-
Dividends
1 084
1 378
-
-
social contributions
150
190
-
-
withholding
163
207
-
-
health
76
96
-
-
total
389
493
-
-
Income
1 450
1 450
1 450
1 450
Total tax
562
565
544
519
After tax
888
885
906
931
Living cost
193
193
193
193
Free-cash
695
692
713
738

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.
£48
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
£653
£497
£559
£745
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
-
-
-
144
health
-
-
-
196
social contributions
-
-
-
297
solidarity contribution
-
-
-
-
total
-
-
-
637
Employee
374
-
1 097
-
health
51
-
148
-
solidarity contribution
-
-
-
-
income
45
-
132
-
social contributions
24
-
66
-
total
120
-
346
-
Employer
374
-
1 097
-
health
34
-
99
-
social contributions
94
-
254
-
total
128
-
353
-
Corporate
949
1 450
-
-
income
180
275
-
-
total
180
275
-
-
Dividends
768
1 175
-
-
withholding
115
176
-
-
total
115
176
-
-
Income
1 450
1 450
1 450
1 450
Total tax
543
451
699
637
After tax
907
999
751
813
Living cost
254
254
254
254
Free-cash
653
745
497
559

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
£1252
£1054
£1330
£1271
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
132
-
1 450
-
income
26
-
290
-
total
26
-
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%.

1 318
1 450
-
-
total
-
-
-
-
Dividends
1 318
1 450
-
-
withholding
66
73
-
-
total
66
73
-
-
Income
1 450
1 450
1 450
1 450
Total tax
92
73
290
14
After tax
1 358
1 377
1 160
1 436
Living cost
106
106
106
106
Free-cash
1 252
1 271
1 054
1 330

Estimated living cost  is £106 per week

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

Additional information

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

Paris , France
£352
£375
£381
£290
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
-
-
-
214
other
-
-
-
45
health
-
-
-
56
social contributions
-
-
-
41
pensions
-
-
-
273
surtax
-
-
-
-
total
-
-
-
629
Employee
570
-
1 132
-
pensions
65
-
75
-
income
50
-
211
-
social contributions
16
-
32
-
surtax
-
-
-
-
total
131
-
318
-
Employer
570
-
1 132
-
health
40
-
100
-
social contributions
2
-
3
-
pensions
94
-
126
-
unemployment
23
-
46
-
other
20
-
42
-
total
179
-
317
-
Corporate
701
1 450
-
-
income
196
406
-
-
surtax
-
-
-
-
total
196
406
-
-
Dividends
505
1 044
-
-
social contributions
87
180
-
-
surtax
-
-
-
-
withholding
65
134
-
-
total
152
314
-
-
Income
1 450
1 450
1 450
1 450
Total tax
658
720
635
629
After tax
792
730
815
821
Living cost
440
440
440
440
Free-cash
352
290
375
381

Estimated living cost  is £440 per week

£298
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
£846
£714
£715
£890
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
pensions
-
-
-
174
unemployment
-
-
-
10
income
-
-
-
325
health
-
-
-
69
total
-
-
-
578
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.

237
-
1 330
-
health
12
-
35
-
unemployment
2
-
5
-
pensions
33
-
94
-
income
33
-
325
-
total
80
-
459
-
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.

237
-
1 330
-
health
12
-
35
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
120
-
Corporate
1 171
1 450
-
-
income
176
218
-
-
total
176
218
-
-
Dividends
995
1 232
-
-
withholding
149
185
-
-
total
149
185
-
-
Income
1 450
1 450
1 450
1 450
Total tax
447
403
579
578
After tax
1 003
1 047
871
872
Living cost
157
157
157
157
Free-cash
846
890
714
715

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
£300
£473
£541
£30
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
pensions
-
-
-
133
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
health
-
-
-
3
regional
-
-
-
72
national
-
-
-
24
total
-
-
-
276
Employee
740
-
1 298
-
health
2
-
3
-
unemployment
-
-
-
-
city
8
-
14
-
pensions
62
-
109
-
regional
24
-
62
-
national
4
-
18
-
total
100
-
206
-
Employer
740
-
1 298
-
health
2
-
3
-
pensions
62
-
109
-
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
-
26
-
total
79
-
138
-
Corporate
623
1 450
-
-
regional
132
307
-
-
national
53
123
-
-
total
185
430
-
-
Dividends
438
1 020
-
-
withholding
153
357
-
-
total
153
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
633
633
633
633
Free-cash
300
30
473
541

Estimated living cost  is £633 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
£588
£421
£607
£568
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
health
-
-
-
19
national
-
-
-
216
total
-
-
-
493
Employee
479
-
1 220
-
health
4
-
15
-
unemployment
7
-
18
-
pensions
32
-
82
-
national
8
-
135
-
municipal
78
-
199
-
total
129
-
449
-
Employer
479
-
1 220
-
health
4
-
9
-
pensions
83
-
212
-
accident
-
-
1
-
unemployment
3
-
8
-
total
90
-
230
-
Corporate
880
1 450
-
-
income
176
290
-
-
total
176
290
-
-
Dividends

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

528
870
-
-
municipal
95
157
-
-
national
22
85
-
-
total
117
242
-
-
Income
1 450
1 450
1 450
1 450
Total tax
512
532
679
493
After tax
938
918
771
957
Living cost
350
350
350
350
Free-cash
588
568
421
607

Estimated living cost  is £350 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
£342
£186
£297
£479
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
communal

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

-
-
-
73
social contributions
-
-
-
225
national
-
-
-
523
total
-
-
-
821
Employee

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

651
-
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.

31
-
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
-
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
-
84
-
national
200
-
399
-
total
320
-
605
-
Employer

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

651
-
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.

40
-
69
-
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
-
100
-
surtax
74
-
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
-
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.

10
-
16
-
total
190
-
327
-
Corporate
609
1 450
-
-
income
122
290
-
-
surtax
2
6
-
-
total
124
296
-
-
Dividends
485
1 154
-
-
withholding

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

142
343
-
-
total
142
343
-
-
Income
1 450
1 450
1 450
1 450
Total tax
776
639
932
821
After tax
674
811
518
629
Living cost
332
332
332
332
Free-cash
342
479
186
297

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
£388
£360
£368
£398
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
unemployment
-
-
-
1
municipal
-
-
-
358
other
-
-
-
100
health
-
-
-
54
national
-
-
-
80
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
688
Employee
561
-
1 179
-
national
-
-
74
-
municipal
167
-
351
-
total
167
-
425
-
Employer
561
-
1 179
-
health
35
-
53
-
pensions
61
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
177
-
271
-
Corporate
712
1 450
-
-
income
157
319
-
-
total
157
319
-
-
Dividends
556
1 131
-
-
withholding
167
339
-
-
total
167
339
-
-
Income
1 450
1 450
1 450
1 450
Total tax
668
658
696
688
After tax
782
792
754
762
Living cost
394
394
394
394
Free-cash
388
398
360
368

Estimated living cost  is £394 per week

£261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£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
-£54
£883
£567
£447
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
624
-
-
-
income
138
-
-
-
social contributions
51
-
7
-
total
189
-
7
-
Employer
624
-
-
-
social contributions
880
-
125
-
total
880
-
125
-
Corporate
-
1 450
-
-
income
-
319
-
-
total
-
319
-
-
Dividends
-
1 131
-
-
income
-
249
-
-
total
-
249
-
-
Income
1 450
1 450
1 450
1 450
Total tax
1 069
568
132
448
After tax
381
882
1 318
1 002
Living cost
435
435
435
435
Free-cash
-54
447
883
567

Estimated living cost  is £435 per week

£282
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
£724
£691
£704
£763
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
-
-
-
267
health
-
-
-
37
social contributions
-
-
-
147
total
-
-
-
451
Employee
700
700
1 347
-
health
7
12
23
-
income
74
65
260
-
social contributions
34
58
78
-
total
115
135
361
-
Employer
700
700
1 347
-
health
8
13
25
-
social contributions
34
58
78
-
total
42
71
103
-
Corporate
998
679
-
-
income
125
85
-
-
total
125
85
-
-
Dividends
874
594
-
-
withholding
149
101
-
-
total
149
101
-
-
Income
1 450
1 450
1 450
1 450
Total tax
431
392
464
451
After tax
1 019
1 058
986
999
Living cost
295
295
295
295
Free-cash
724
763
691
704

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
£686
£513
£644
£634
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
-
health
6
-
19
-
pensions
34
-
95
-
income
81
-
317
-
total
121
-
431
-
Employer
445
-
1 267
-
health
8
-
24
-
pensions
45
-
158
-
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
£358
£258
£322
£401
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
social contributions
-
-
-
373
national
-
-
-
349
total
-
-
-
765
Employee
767
-
1 450
-
social contributions
259
-
489
-
regional
12
-
29
-
national
130
-
302
-
municipal
5
-
9
-
total
406
-
829
-
Employer
767
-
1 450
-
total
-
-
-
-
Corporate
683
1 450
-
-
nationa
164
348
-
-
municipal
33
70
-
-
total
197
418
-
-
Dividends
486
1 032
-
-
withholding
126
268
-
-
total
126
268
-
-
Income
1 450
1 450
1 450
1 450
Total tax
729
686
829
765
After tax
721
764
621
685
Living cost
363
363
363
363
Free-cash
358
401
258
322

Estimated living cost  is £363 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.
£78
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
£88
£590
£800
-£76
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
pensions
-
-
-
36
income
-
-
-
397
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
457
Employee
303
-
1 300
-
health
35
-
149
-
pensions
34
-
67
-
income
42
-
300
-
total
111
-
516
-
Employer
303
-
1 300
-
pensions
49
-
97
-
accident
5
-
22
-
unemployment
7
-
32
-
total
61
-
151
-
Corporate
1 085
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.

976
1 305
-
-
total
976
1 305
-
-
Dividends
108
145
-
-
withholding
21
28
-
-
total
21
28
-
-
Income
1 450
1 450
1 450
1 450
Total tax
1 169
1 333
667
457
After tax
281
117
783
993
Living cost
193
193
193
193
Free-cash
88
-76
590
800

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
£514
£581
£434
£393
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
trade
-
-
-
147
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.

-
-
-
431
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.

-
-
-
24
total
-
-
-
664
Employee

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

453
-
1 450
-
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
-
431
-
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
-
517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
997
1 450
-
-
income
150
218
-
-
trade
143
208
-
-
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
-
-
chamber of commerce
3
4
-
-
total
304
442
-
-
Dividends
693
1 009
-
-
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
-
-
withholding
170
249
-
-
total
179
263
-
-
Income
1 450
1 450
1 450
1 450
Total tax
584
705
517
664
After tax
866
745
933
786
Living cost
352
352
352
352
Free-cash
514
393
581
434

Estimated living cost  is £352 per week

£243
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
£897
£684
£298
£971
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
income
-
-
-
244
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
-
-
-
370
total
-
-
-
963
Employee
266
-
1 057
-
income
47
-
206
-
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
-
116
-
surtax
-
-
-
-
total
76
-
322
-
Employer
266
-
1 057
-
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
-
255
-
surtax
-
-
-
-
total
64
-
255
-
Corporate
1 120
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%.

224
290
-
-
total
224
290
-
-
Dividends

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

896
1 160
-
-
total
-
-
-
-
Income
1 450
1 450
1 450
1 450
Total tax
364
290
577
963
After tax
1 086
1 160
873
487
Living cost
189
189
189
189
Free-cash
897
971
684
298

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
£776
£757
£766
£794
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
-
-
-
433
health
-
-
-
59
pensions
-
-
-
81
total
-
-
-
573
Employee
170
-
1 359
-
health
8
-
20
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
429
-
total
58
-
490
-
Employer
170
-
1 359
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
1 242
1 450
-
-
income
273
319
-
-
total
273
319
-
-
Dividends
969
1 131
-
-
withholding
194
226
-
-
total
194
226
-
-
Income
1 450
1 450
1 450
1 450
Total tax
563
545
582
573
After tax
887
905
868
877
Living cost
111
111
111
111
Free-cash
776
794
757
766

Estimated living cost  is £111 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
£679
£429
£484
£707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
1 450
pensions
-
-
-
243
unemployment
-
-
-
2
income
-
-
-
375
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
55
total
-
-
-
761
Employee
307
-
1 198
-
health
8
-
31
-
unemployment
21
-
83
-
pensions
20
-
80
-
income
51
-
324
-
other
-
-
-
-
surtax
1
-
46
-
total
101
-
564
-
Employer
307
-
1 198
-
health
14
-
54
-
pensions
41
-
160
-
unemployment
10
-
38
-
other
-
-
-
-
total
65
-
252
-
Corporate
1 079
1 450
-
-
income
280
377
-
-
total
280
377
-
-
Dividends
798
1 073
-
-
withholding
120
161
-
-
total
120
161
-
-
Income
1 450
1 450
1 450
1 450
Total tax
566
538
816
761
After tax
884
912
634
689
Living cost
205
205
205
205
Free-cash
679
707
429
484

Estimated living cost  is £205 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.
£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
Graz , Austria
£510
£90
£454
£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
pensions
-
-
-
197
chamber of commerce
-
-
-
6
unemployment
-
-
-
56
income
-
-
-
365
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
705
Employee
398
363
1 138
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
41
37
109
-
income
35
27
288
-
other
4
4
11
-
total
107
93
481
-
Employer
398
363
1 138
-
health
15
14
40
-
pensions
50
46
134
-
surtax
-
-
-
-
accident
5