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
£ 2100
per

Your estimated
City
free-cash

Valencia , Spain
£890
£928
£1148
£1108
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
-
-
-
2 100
income
-
-
-
679
accident
-
-
-
7
unemployment
-
-
-
6
pensions
-
-
-
234
other
-
-
-
1
total
-
-
-
927
Employee
330
-
1 836
-
other
-
-
1
-
income
64
-
649
-
unemployment
5
-
13
-
pensions
16
-
39
-
total
85
-
702
-
Employer
330
-
1 836
-
unemployment
18
-
45
-
pensions
78
-
195
-
other
3
-
7
-
accident
7
-
16
-
total
106
-
263
-
Corporate
1 665
2 100
-
-
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.

250
315
-
-
total
250
315
-
-
Dividends
1 415
1 785
-
-
withholding
306
392
-
-
total
306
392
-
-
Income
2 100
2 100
2 100
2 100
Total tax
747
707
965
927
After tax
1 353
1 393
1 135
1 173
Living cost
245
245
245
245
Free-cash
1 108
1 148
890
928

Estimated living cost  is £245 per week

£166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£1019
£1037
£1305
£1243
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
-
-
-
2 100
income
-
-
-
375
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.

-
-
-
326
other
-
-
-
64
total
-
-
-
825
Employee
324
-
1 755
-
income
56
-
369
-
health
5
-
19
-
unemployment
3
-
14
-
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
-
95
-
total
87
-
497
-
Employer
324
-
1 755
-
unemployment
3
-
14
-
pensions

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

55
-
231
-
other
16
-
68
-
accident
3
-
14
-
health
5
-
19
-
total
82
-
346
-
Corporate
1 694
2 100
-
-
income
356
441
-
-
total
356
441
-
-
Dividends
1 338
1 659
-
-
withholding
94
116
-
-
total
94
116
-
-
Income
2 100
2 100
2 100
2 100
Total tax
619
557
843
825
After tax
1 481
1 543
1 257
1 275
Living cost
238
238
238
238
Free-cash
1 243
1 305
1 019
1 037

Estimated living cost  is £238 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.
£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
£1674
£1585
£1679
£1636
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
-
-
-
2 100
income
-
-
-
315
health
-
-
-
36
unemployment
-
-
-
1
pensions

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

-
-
-
46
total
-
-
-
398
Employee
155
-
2 039
-
income
16
-
204
-
health
7
-
14
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

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

14
-
27
-
total
39
-
248
-
Employer
155
-
2 039
-
unemployment
1
-
2
-
pensions

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

17
-
34
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
11
-
22
-
total
31
-
61
-
Corporate
1 914
2 100
-
-
income
191
210
-
-
total
191
210
-
-
Dividends
1 723
1 890
-
-
withholding
86
94
-
-
total
86
94
-
-
Income
2 100
2 100
2 100
2 100
Total tax
347
304
309
398
After tax
1 753
1 796
1 791
1 702
Living cost
117
117
117
117
Free-cash
1 636
1 679
1 674
1 585

Estimated living cost  is £117 per week

£68
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£37
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£769
£837
£753
£806
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
-
-
-
2 100
income
-
-
-
404
social contributions
-
-
-
60
health
-
-
-
105
surtax
-
-
-
-
pensions
-
-
-
324
other
-
-
-
65
total
-
-
-
958
Employee
382
-
1 598
-
income
23
-
356
-
social contributions
11
-
46
-
surtax
-
-
-
-
pensions
43
-
122
-
total
77
-
524
-
Employer
382
-
1 598
-
unemployment
15
-
65
-
social contributions
1
-
5
-
pensions
63
-
204
-
other
13
-
67
-
health
27
-
161
-
total
119
-
502
-
Corporate
1 599
2 100
-
-
income
448
588
-
-
surtax
-
-
-
-
total
448
588
-
-
Dividends
1 151
1 512
-
-
withholding
147
194
-
-
surtax
-
-
-
-
social contributions
198
260
-
-
total
345
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
989
1 042
1 026
958
After tax
1 111
1 058
1 074
1 142
Living cost
305
305
305
305
Free-cash
806
753
769
837

Estimated living cost  is £305 per week

£193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£968
£748
£672
£619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 100
income
-
-
-
763
health
-
-
-
110
pensions
-
-
-
105
total
-
-
-
978
Employee
762
762
1 934
-
income

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

125
125
377
-
health
117
100
110
-
pensions
137
105
105
-
total
379
330
592
-
Employer
762
762
1 934
-
unemployment
27
27
34
-
pensions
53
53
66
-
health
53
53
66
-
total
133
133
166
-
Corporate
1 214
1 204
-
-
income
243
241
-
-
total
243
241
-
-
Dividends
971
963
-
-
withholding
146
145
-
-
income
206
205
-
-
total
352
350
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 107
1 054
758
978
After tax
993
1 046
1 342
1 122
Living cost
374
374
374
374
Free-cash
619
672
968
748

Estimated living cost  is £374 per week

£265
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.
£69
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
£1022
£757
£788
£886
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.

-
-
-
2 100
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.

-
-
-
708
health

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

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

-
-
-
61
trade
-
-
-
265
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.

-
-
-
39
total
-
-
-
1 073
Employee

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

341
-
2 100
-
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
-
708
-
health

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

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

61
-
61
-
surtax

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

1
-
39
-
total
72
-
808
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 759
2 100
-
-
chamber of commerce
4
4
-
-
income
264
315
-
-
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.

15
17
-
-
trade
277
331
-
-
total
560
667
-
-
Dividends
1 199
1 433
-
-
withholding
296
355
-
-
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.

16
20
-
-
total
312
375
-
-
Income
2 100
2 100
2 100
2 100
Total tax
944
1 042
808
1 073
After tax
1 156
1 058
1 292
1 027
Living cost
270
270
270
270
Free-cash
886
788
1 022
757

Estimated living cost  is £270 per week

£170
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
£1184
£1202
£1322
£1275
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
-
-
-
2 100
income
-
-
-
493
social contributions
-
-
-
144
health
-
-
-
54
total
-
-
-
691
Employee
686
686
1 986
-
income
75
64
484
-
social contributions
26
57
77
-
health
5
12
34
-
total
106
133
595
-
Employer
686
686
1 986
-
social contributions
26
57
77
-
health
6
13
37
-
total
32
70
114
-
Corporate
1 756
1 344
-
-
income
219
168
-
-
total
219
168
-
-
Dividends
1 536
1 176
-
-
withholding
261
200
-
-
total
261
200
-
-
Income
2 100
2 100
2 100
2 100
Total tax
618
571
709
691
After tax
1 482
1 529
1 391
1 409
Living cost
207
207
207
207
Free-cash
1 275
1 322
1 184
1 202

Estimated living cost  is £207 per week

£124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£643
£811
£914
£906
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.

-
-
-
2 100
income
-
-
-
279
social contributions

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

-
-
-
730
surtax
-
-
-
-
total
-
-
-
1 009
Employee
411
-
1 697
-
income
85
-
583
-
social contributions
45
-
187
-
surtax
-
-
4
-
total
130
-
774
-
Employer
411
-
1 697
-
social contributions
98
-
403
-
total
98
-
403
-
Corporate
1 592
2 100
-
-
income
334
441
-
-
surtax
-
-
-
-
total
334
441
-
-
Dividends
1 258
1 659
-
-
withholding
352
465
-
-
total
352
465
-
-
Income
2 100
2 100
2 100
2 100
Total tax
914
906
1 177
1 009
After tax
1 186
1 194
923
1 091
Living cost
280
280
280
280
Free-cash
906
914
643
811

Estimated living cost  is £280 per week

£209
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.
£49
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
£1613
£2012
£1928
£1915
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%.

-
-
-
2 100
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
83
-
2 100
-
income
17
-
420
-
total
17
-
420
-
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%.

2 017
2 100
-
-
total
-
-
-
-
Dividends
2 017
2 100
-
-
withholding
101
105
-
-
total
101
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
118
105
420
21
After tax
1 982
1 995
1 680
2 079
Living cost
67
67
67
67
Free-cash
1 915
1 928
1 613
2 012

Estimated living cost  is £67 per week

£41
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
£680
£726
£1207
£1133
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.

-
-
-
2 100
income
-
-
-
541
health
-
-
-
207
unemployment
-
-
-
3
pensions
-
-
-
384
total
-
-
-
1 135
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.

395
-
1 817
-
income
68
-
496
-
health
25
-
117
-
unemployment
1
-
3
-
pensions
61
-
282
-
total
155
-
898
-
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.

395
-
1 817
-
unemployment
-
-
1
-
pensions
35
-
161
-
health
26
-
121
-
total
61
-
283
-
Corporate
1 644
2 100
-
-
income
312
399
-
-
total
312
399
-
-
Dividends
1 332
1 701
-
-
withholding
200
255
-
-
total
200
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
728
654
1 181
1 135
After tax
1 372
1 446
919
965
Living cost
239
239
239
239
Free-cash
1 133
1 207
680
726

Estimated living cost  is £239 per week

£164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£1137
£1402
£994
£1026
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.

-
-
-
2 100
income
-
-
-
315
health

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

-
-
-
59
total
-
-
-
374
Employee
409
-
2 059
-
social contributions
41
-
41
-
income
44
-
557
-
total
85
-
598
-
Employer
409
-
2 059
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
1 649
2 100
-
-
income
577
735
-
-
total
577
735
-
-
Dividends
1 072
1 365
-
-
social contributions
47
47
-
-
total
47
47
-
-
Income
2 100
2 100
2 100
2 100
Total tax
750
782
639
374
After tax
1 350
1 318
1 461
1 726
Living cost
324
324
324
324
Free-cash
1 026
994
1 137
1 402

Estimated living cost  is £324 per week

£213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£1100
£1159
£1093
£1097
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
-
-
-
2 100
income
-
-
-
315
social contributions
-
-
-
290
health
-
-
-
147
total
-
-
-
752
Employee
303
-
2 100
-
income
50
-
374
-
social contributions
42
-
290
-
health
21
-
147
-
total
113
-
811
-
Employer
303
-
2 100
-
total
-
-
-
-
Corporate
1 797
2 100
-
-
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%.

90
105
-
-
total
90
105
-
-
Dividends
1 707
1 995
-
-
withholding
256
299
-
-
health
119
139
-
-
social contributions
236
275
-
-
total
611
713
-
-
Income
2 100
2 100
2 100
2 100
Total tax
814
818
811
752
After tax
1 286
1 282
1 289
1 348
Living cost
189
189
189
189
Free-cash
1 097
1 093
1 100
1 159

Estimated living cost  is £189 per week

£127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£925
£1019
£1202
£1115
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
-
-
-
2 100
income
-
-
-
230
social contributions
-
-
-
285
solidarity contribution
-
-
-
39
health
-
-
-
283
total
-
-
-
837
Employee
359
-
1 703
-
solidarity contribution
-
-
30
-
income
43
-
211
-
social contributions
23
-
63
-
health
48
-
230
-
total
114
-
534
-
Employer
359
-
1 703
-
social contributions
90
-
244
-
health
32
-
153
-
total
122
-
397
-
Corporate
1 619
2 100
-
-
income
308
399
-
-
total
308
399
-
-
Dividends
1 311
1 701
-
-
withholding
197
255
-
-
total
197
255
-
-
Income
2 100
2 100
2 100
2 100
Total tax
741
654
931
837
After tax
1 359
1 446
1 169
1 263
Living cost
244
244
244
244
Free-cash
1 115
1 202
925
1 019

Estimated living cost  is £244 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
£1576
£1975
£1891
£1871
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%.

-
-
-
2 100
microenterprise

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

-
-
-
21
total
-
-
-
21
Employee
130
-
2 100
-
income
26
-
420
-
total
26
-
420
-
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%.

1 970
2 100
-
-
total
-
-
-
-
Dividends
1 970
2 100
-
-
withholding
99
105
-
-
total
99
105
-
-
Income
2 100
2 100
2 100
2 100
Total tax
125
105
420
21
After tax
1 975
1 995
1 680
2 079
Living cost
104
104
104
104
Free-cash
1 871
1 891
1 576
1 975

Estimated living cost  is £104 per week

£70
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.
£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
£643
£711
£627
£688
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
-
-
-
2 100
income
-
-
-
404
social contributions
-
-
-
60
health
-
-
-
105
surtax
-
-
-
-
pensions
-
-
-
324
other
-
-
-
65
total
-
-
-
958
Employee
559
-
1 598
-
income
49
-
356
-
social contributions
16
-
46
-
surtax
-
-
-
-
pensions
63
-
122
-
total
128
-
524
-
Employer
559
-
1 598
-
unemployment
23
-
65
-
social contributions
2
-
5
-
pensions
92
-
204
-
other
19
-
67
-
health
39
-
161
-
total
175
-
502
-
Corporate
1 366
2 100
-
-
income
383
588
-
-
surtax
-
-
-
-
total
383
588
-
-
Dividends
984
1 512
-
-
withholding
126
194
-
-
surtax
-
-
-
-
social contributions
169
260
-
-
total
295
454
-
-
Income
2 100
2 100
2 100
2 100
Total tax
981
1 042
1 026
958
After tax
1 119
1 058
1 074
1 142
Living cost
431
431
431
431
Free-cash
688
627
643
711

Estimated living cost  is £431 per week

£292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£35
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£98
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
£1209
£1209
£1363
£1319
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.

-
-
-
2 100
income
-
-
-
488
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
171
total
-
-
-
737
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.

232
-
1 982
-
income
32
-
488
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
32
-
92
-
total
78
-
619
-
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.

232
-
1 982
-
unemployment
2
-
5
-
pensions
28
-
79
-
health
12
-
34
-
total
42
-
118
-
Corporate
1 826
2 100
-
-
income
274
315
-
-
total
274
315
-
-
Dividends
1 552
1 785
-
-
withholding
233
268
-
-
total
233
268
-
-
Income
2 100
2 100
2 100
2 100
Total tax
627
583
737
737
After tax
1 473
1 517
1 363
1 363
Living cost
154
154
154
154
Free-cash
1 319
1 363
1 209
1 209

Estimated living cost  is £154 per week

£104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£961
£1021
£337
£604
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
-
-
-
2 100
regional
-
-
-
126
national
-
-
-
68
health
-
-
-
5
city
-
-
-
22
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.

-
-
-
42
pensions
-
-
-
193
total
-
-
-
456
Employee
730
-
1 897
-
regional
24
-
113
-
city
8
-
21
-
health
2
-
4
-
unemployment
-
-
-
-
national
3
-
56
-
pensions
61
-
140
-
total
98
-
334
-
Employer
730
-
1 897
-
unemployment
-
-
-
-
pensions
61
-
140
-
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
-
38
-
health
2
-
4
-
total
78
-
182
-
Corporate
1 285
2 100
-
-
regional
272
444
-
-
national
109
179
-
-
total
381
623
-
-
Dividends
904
1 477
-
-
withholding
316
517
-
-
total
316
517
-
-
Income
2 100
2 100
2 100
2 100
Total tax
873
1 140
516
456
After tax
1 227
960
1 584
1 644
Living cost
623
623
623
623
Free-cash
604
337
961
1 021

Estimated living cost  is £623 per week

£405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£56
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£154
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
£694
£934
£940
£967
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

-
-
-
2 100
municipal
-
-
-
373
national
-
-
-
421
health
-
-
-
29
total
-
-
-
823
Employee
470
-
1 767
-
health
4
-
23
-
unemployment
7
-
26
-
national
8
-
273
-
municipal
77
-
288
-
pensions
32
-
119
-
total
128
-
729
-
Employer
470
-
1 767
-
unemployment
3
-
11
-
pensions
81
-
307
-
accident
-
-
2
-
health
4
-
14
-
total
88
-
334
-
Corporate
1 542
2 100
-
-
income
308
420
-
-
total
308
420
-
-
Dividends

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

925
1 260
-
-
national
99
170
-
-
municipal
167
227
-
-
total
266
397
-
-
Income
2 100
2 100
2 100
2 100
Total tax
790
817
1 063
823
After tax
1 310
1 283
1 037
1 277
Living cost
343
343
343
343
Free-cash
967
940
694
934

Estimated living cost  is £343 per week

£224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
£386
£588
£822
£716
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
-
-
-
2 100
national
-
-
-
851
social contributions
-
-
-
223
communal

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

-
-
-
113
total
-
-
-
1 187
Employee

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

639
-
1 627
-
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
-
76
-
communal

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

33
-
85
-
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
-
14
-
national
196
-
619
-
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
-
122
-
total
313
-
916
-
Employer

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

639
-
1 627
-
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
-
24
-
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
-
144
-
surtax
72
-
184
-
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
-
21
-
health

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

39
-
100
-
total
185
-
473
-
Corporate
1 276
2 100
-
-
income
255
457
-
-
surtax
5
9
-
-
total
260
466
-
-
Dividends
1 015
1 634
-
-
withholding

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

301
487
-
-
total
301
487
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 059
953
1 389
1 187
After tax
1 041
1 147
711
913
Living cost
325
325
325
325
Free-cash
716
822
386
588

Estimated living cost  is £325 per week

£210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£28
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
Stockholm , Sweden
£672
£681
£778
£769
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
-
-
-
2 100
municipal
-
-
-
556
national
-
-
-
260
health
-
-
-
50
accident
-
-
-
2
unemployment
-
-
-
1
pensions
-
-
-
87
other
-
-
-
94
total
-
-
-
1 050
Employee
526
-
1 846
-
national
-
-
255
-
municipal
157
-
550
-
total
157
-
805
-
Employer
526
-
1 846
-
unemployment
14
-
21
-
pensions
57
-
87
-
other
61
-
94
-
accident
1
-
2
-
health
32
-
50
-
total
165
-
254
-
Corporate
1 409
2 100
-
-
income
310
462
-
-
total
310
462
-
-
Dividends
1 099
1 638
-
-
withholding
330
491
-
-
total
330
491
-
-
Income
2 100
2 100
2 100
2 100
Total tax
962
953
1 059
1 050
After tax
1 138
1 147
1 041
1 050
Living cost
369
369
369
369
Free-cash
769
778
672
681

Estimated living cost  is £369 per week

£245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£1567
£1044
£870
£419
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
-
-
-
2 100
income
-
-
-
409
social contributions
-
-
-
239
total
-
-
-
648
Employee
586
-
-
-
income
129
-
-
-
social contributions
48
-
7
-
total
177
-
7
-
Employer
586
-
-
-
social contributions
826
-
118
-
total
826
-
118
-
Corporate
689
2 100
-
-
income
152
462
-
-
total
152
462
-
-
Dividends
537
1 638
-
-
income
118
360
-
-
total
118
360
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 273
822
125
648
After tax
827
1 278
1 975
1 452
Living cost
408
408
408
408
Free-cash
419
870
1 567
1 044

Estimated living cost  is £408 per week

£265
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.
£100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£1101
£1119
£1239
£1204
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
-
-
-
2 100
income
-
-
-
493
social contributions
-
-
-
144
health
-
-
-
54
total
-
-
-
691
Employee
686
686
1 986
-
income
72
64
484
-
social contributions
33
57
77
-
health
7
12
34
-
total
112
133
595
-
Employer
686
686
1 986
-
social contributions
33
57
77
-
health
7
13
37
-
total
40
70
114
-
Corporate
1 657
1 344
-
-
income
207
168
-
-
total
207
168
-
-
Dividends
1 450
1 176
-
-
withholding
247
200
-
-
total
247
200
-
-
Income
2 100
2 100
2 100
2 100
Total tax
606
571
709
691
After tax
1 494
1 529
1 391
1 409
Living cost
290
290
290
290
Free-cash
1 204
1 239
1 101
1 119

Estimated living cost  is £290 per week

£198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£840
£1026
£990
£1042
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
-
-
-
2 100
income
-
-
-
660
pensions
-
-
-
90
total
-
-
-
750
Employee
445
-
1 829
-
income
81
-
535
-
health
6
-
24
-
pensions
34
-
106
-
total
121
-
665
-
Employer
445
-
1 829
-
pensions
45
-
236
-
health
8
-
35
-
total
53
-
271
-
Corporate
1 601
2 100
-
-
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.

304
399
-
-
total
304
399
-
-
Dividends
1 297
1 701
-
-
withholding
256
387
-
-
total
256
387
-
-
Income
2 100
2 100
2 100
2 100
Total tax
734
786
936
750
After tax
1 366
1 314
1 164
1 350
Living cost
324
324
324
324
Free-cash
1 042
990
840
1 026

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
£562
£635
£750
£711
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
-
-
-
2 100
municipal
-
-
-
15
regional
-
-
-
52
national
-
-
-
595
social contributions
-
-
-
447
total
-
-
-
1 109
Employee
752
-
2 100
-
regional
11
-
47
-
social contributions
254
-
586
-
national
127
-
535
-
municipal
4
-
14
-
total
396
-
1 182
-
Employer
752
-
2 100
-
total
-
-
-
-
Corporate
1 348
2 100
-
-
nationa
323
504
-
-
municipal
65
101
-
-
total
388
605
-
-
Dividends
959
1 495
-
-
withholding
249
389
-
-
total
249
389
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 033
994
1 182
1 109
After tax
1 067
1 106
918
991
Living cost
356
356
356
356
Free-cash
711
750
562
635

Estimated living cost  is £356 per week

£250
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.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£975
£1247
-£17
£141
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
-
-
-
2 100
income
-
-
-
608
health
-
-
-
18
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
666
Employee
293
-
1 927
-
income
40
-
480
-
health
34
-
221
-
pensions
33
-
65
-
total
107
-
766
-
Employer
293
-
1 927
-
unemployment
7
-
47
-
pensions
48
-
93
-
accident
5
-
32
-
total
60
-
172
-
Corporate
1 747
2 100
-
-
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.

1 572
1 890
-
-
total
1 572
1 890
-
-
Dividends
175
210
-
-
withholding
33
40
-
-
total
33
40
-
-
Income
2 100
2 100
2 100
2 100
Total tax
1 772
1 930
938
666
After tax
328
170
1 162
1 434
Living cost
187
187
187
187
Free-cash
141
-17
975
1 247

Estimated living cost  is £187 per week

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

Additional information

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

Berlin , Germany
£947
£705
£736
£850
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.

-
-
-
2 100
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.

-
-
-
708
health

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

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

-
-
-
61
trade
-
-
-
242
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.

-
-
-
39
total
-
-
-
1 050
Employee

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

444
-
2 100
-
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
-
708
-
health

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

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

61
-
61
-
surtax

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

2
-
39
-
total
100
-
808
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 656
2 100
-
-
chamber of commerce
4
4
-
-
income
248
315
-
-
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.

14
17
-
-
trade
238
301
-
-
total
504
637
-
-
Dividends
1 152
1 462
-
-
withholding
285
362
-
-
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.

16
20
-
-
total
301
382
-
-
Income
2 100
2 100
2 100
2 100
Total tax
905
1 019
808
1 050
After tax
1 195
1 081
1 292
1 050
Living cost
345
345
345
345
Free-cash
850
736
947
705

Estimated living cost  is £345 per week

£238
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
£732
£585
£1494
£1421
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.

-
-
-
2 100
microenterprise
-
-
-
-
income
-
-
-
452
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.

-
-
-
342
surtax
-
-
-
535
total
-
-
-
1 329
Employee
261
-
1 661
-
income
46
-
385
-
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
-
-
241
-
total
75
-
743
-
Employer
261
-
1 661
-
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
-
256
-
surtax
-
-
183
-
total
63
-
439
-
Corporate
1 776
2 100
-
-
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%.

355
420
-
-
total
355
420
-
-
Dividends

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

1 421
1 680
-
-
total
-
-
-
-
Income
2 100
2 100
2 100
2 100
Total tax
493
420
1 182
1 329
After tax
1 607
1 680
918
771
Living cost
186
186
186
186
Free-cash
1 421
1 494
732
585

Estimated living cost  is £186 per week

£118
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.
£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
Istanbul , Turkey
£1175
£1182
£1195
£1175
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
-
-
-
2 100
income
-
-
-
658
health
-
-
-
61
pensions
-
-
-
84
total
-
-
-
803
Employee
176
-
2 005
-
income
34
-
653
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
716
-
Employer
176
-
2 005
-
unemployment
4
-
8
-
pensions
19
-
46
-
health
17
-
40
-
total
40
-
94
-
Corporate
1 885
2 100
-
-
income
415
462
-
-
total
415
462
-
-
Dividends
1 470
1 638
-
-
withholding
294
328
-
-
total
294
328
-
-
Income
2 100
2 100
2 100
2 100
Total tax
810
790
810
803
After tax
1 290
1 310
1 290
1 297
Living cost
115
115
115
115
Free-cash
1 175
1 195
1 175
1 182

Estimated living cost  is £115 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£732
£786
£1120
£1091
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
-
-
-
2 100
income
-
-
-
673
health
-
-
-
85
unemployment
-
-
-
2
surtax
-
-
-
115
pensions
-
-
-
238
other
-
-
-
-
total
-
-
-
1 113
Employee
301
-
1 849
-
other
-
-
-
-
income
50
-
620
-
health
8
-
30
-
unemployment
21
-
83
-
surtax
1
-
104
-
pensions
20
-
79
-
total
100
-
916
-
Employer
301
-
1 849
-
unemployment
10
-
38
-
pensions
40
-
159
-
other
-
-
-
-
health
14
-
54
-
total
64
-
251
-
Corporate
1 736
2 100
-
-
income
451
546
-
-
total
451
546
-
-
Dividends
1 285
1 554
-
-
withholding
193
233
-
-
total
193
233
-
-
Income
2 100
2 100
2 100
2 100
Total tax
808
779
1 167
1 113
After tax
1 292
1 321
933
987
Living cost
200
200
200
200
Free-cash
1 091
1 120
732
786

Estimated living cost  is £200 per week

£121
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.
£57
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
£265
£791
£872
£867
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
-
-
-
2 100
income
-
-
-
688
chamber of commerce
-
-
-
8
health
-
-
-
80
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
193
total
-
-
-
1 024
Employee
390
356
1 748
-
other
4
4
10
-
income
35
26
582
-
health
15
14
40
-
unemployment
12
11
31
-
pensions
40
36
107
-
total
106
91
770
-
Employer
390
356
1 748
-
unemployment
12
11
31
-
chamber of commerce
2