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
£ 1700
per

Your estimated
City
free-cash

Valencia , Spain
-£83
£105
-£96
-£153
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
-
-
-
1 700
other
-
-
-
2
accident
-
-
-
15
income
-
-
-
241
pensions
-
-
-
481
unemployment
-
-
-
12
total
-
-
-
751
Employee
1 405
-
1 289
-
income
271
-
245
-
other
1
-
1
-
pensions
66
-
61
-
unemployment
22
-
20
-
total
360
-
327
-
Employer
1 405
-
1 289
-
other
11
-
10
-
unemployment
77
-
71
-
accident
28
-
26
-
pensions
332
-
304
-
total
448
-
411
-
Corporate
-
1 700
-
-
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.

-
255
-
-
total
-
255
-
-
Dividends
-
1 445
-
-
withholding
-
295
-
-
total
-
295
-
-
Income
1 700
1 700
1 700
1 700
Total tax
808
550
738
751
After tax
892
1 150
962
949
Living cost
1 045
1 045
1 045
1 045
Free-cash
-153
105
-83
-96

Estimated living cost  is £1045 per month

£705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£18
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.
£221
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.
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