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
£ 750
per

Your estimated
City
free-cash

Valencia , Spain
£158
£154
£261
£213
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
-
-
-
750
income
-
-
-
126
accident
-
-
-
7
unemployment
-
-
-
5
pensions
-
-
-
212
other
-
-
-
1
total
-
-
-
351
Employee
330
-
569
-
other
-
-
1
-
income
64
-
129
-
unemployment
5
-
9
-
pensions
16
-
27
-
total
85
-
166
-
Employer
330
-
569
-
unemployment
18
-
31
-
pensions
78
-
134
-
other
3
-
5
-
accident
7
-
11
-
total
106
-
181
-
Corporate
315
750
-
-
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.

47
112
-
-
total
47
112
-
-
Dividends
268
638
-
-
withholding
54
132
-
-
total
54
132
-
-
Income
750
750
750
750
Total tax
292
244
347
351
After tax
458
506
403
399
Living cost
245
245
245
245
Free-cash
213
261
158
154

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
£202
£168
£313
£252
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
-
-
-
750
income
-
-
-
95
health
-
-
-
33
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.

-
-
-
180
other
-
-
-
36
total
-
-
-
344
Employee
324
-
599
-
income
56
-
103
-
health
5
-
8
-
unemployment
3
-
6
-
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
-
42
-
total
87
-
159
-
Employer
324
-
599
-
unemployment
3
-
6
-
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
-
102
-
other
16
-
30
-
accident
3
-
5
-
health
5
-
8
-
total
82
-
151
-
Corporate
344
750
-
-
income
72
158
-
-
total
72
158
-
-
Dividends
272
592
-
-
withholding
19
41
-
-
total
19
41
-
-
Income
750
750
750
750
Total tax
260
199
310
344
After tax
490
551
440
406
Living cost
238
238
238
238
Free-cash
252
313
202
168

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
£459
£437
£524
£482
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
-
-
-
750
income
-
-
-
113
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
-
-
-
196
Employee
155
-
689
-
income
16
-
69
-
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
-
113
-
Employer
155
-
689
-
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
564
750
-
-
income
56
75
-
-
total
56
75
-
-
Dividends
508
675
-
-
withholding
25
34
-
-
total
25
34
-
-
Income
750
750
750
750
Total tax
151
109
174
196
After tax
599
641
576
554
Living cost
117
117
117
117
Free-cash
482
524
459
437

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
£133
£132
£73
£125
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
-
-
-
750
income
-
-
-
51
social contributions
-
-
-
21
health
-
-
-
6
surtax
-
-
-
-
pensions
-
-
-
212
other
-
-
-
23
total
-
-
-
313
Employee
382
-
572
-
income
23
-
52
-
social contributions
11
-
16
-
surtax
-
-
-
-
pensions
43
-
65
-
total
77
-
133
-
Employer
382
-
572
-
unemployment
15
-
23
-
social contributions
1
-
2
-
pensions
63
-
94
-
other
13
-
20
-
health
27
-
40
-
total
119
-
179
-
Corporate
249
750
-
-
income
70
210
-
-
surtax
-
-
-
-
total
70
210
-
-
Dividends
179
540
-
-
withholding
23
69
-
-
surtax
-
-
-
-
social contributions
31
93
-
-
total
54
162
-
-
Income
750
750
750
750
Total tax
320
372
312
313
After tax
430
378
438
437
Living cost
305
305
305
305
Free-cash
125
73
133
132

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
-£136
£52
-£87
-£136
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
-
-
-
750
income
-
-
-
120
health
-
-
-
99
pensions
-
-
-
105
total
-
-
-
324
Employee
762
762
762
-
income

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

125
125
125
-
health
117
100
117
-
pensions
137
105
137
-
total
379
330
379
-
Employer
762
762
762
-
unemployment
27
27
27
-
pensions
53
53
53
-
health
53
53
53
-
total
133
133
133
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
750
750
750
750
Total tax
512
463
512
324
After tax
238
287
238
426
Living cost
374
374
374
374
Free-cash
-136
-87
-136
52

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
£279
£226
£111
£208
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.

-
-
-
750
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.

-
-
-
133
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
-
-
-
53
surtax

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

-
-
-
7
total
-
-
-
254
Employee

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

341
-
750
-
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
-
133
-
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
-
7
-
total
72
-
201
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
409
750
-
-
chamber of commerce
2
2
-
-
income
61
112
-
-
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.

3
6
-
-
trade
64
118
-
-
total
130
238
-
-
Dividends
278
511
-
-
withholding
66
124
-
-
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.

4
7
-
-
total
70
131
-
-
Income
750
750
750
750
Total tax
272
369
201
254
After tax
478
381
549
496
Living cost
270
270
270
270
Free-cash
208
111
279
226

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
£340
£344
£340
£294
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
-
-
-
750
income
-
-
-
63
social contributions
-
-
-
117
health
-
-
-
19
total
-
-
-
199
Employee
686
686
686
-
income
75
64
64
-
social contributions
26
57
57
-
health
5
12
12
-
total
106
133
133
-
Employer
686
686
686
-
social contributions
26
57
57
-
health
6
13
13
-
total
32
70
70
-
Corporate
406
-
-
-
income
51
-
-
-
total
51
-
-
-
Dividends
355
-
-
-
withholding
60
-
-
-
total
60
-
-
-
Income
750
750
750
750
Total tax
249
203
203
199
After tax
501
547
547
551
Living cost
207
207
207
207
Free-cash
294
340
340
344

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
£110
£143
£146
£137
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.

-
-
-
750
income
-
-
-
66
social contributions

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

-
-
-
261
surtax
-
-
-
-
total
-
-
-
327
Employee
411
-
606
-
income
85
-
149
-
social contributions
45
-
67
-
surtax
-
-
-
-
total
130
-
216
-
Employer
411
-
606
-
social contributions
98
-
144
-
total
98
-
144
-
Corporate
242
750
-
-
income
51
158
-
-
surtax
-
-
-
-
total
51
158
-
-
Dividends
191
592
-
-
withholding
54
166
-
-
total
54
166
-
-
Income
750
750
750
750
Total tax
333
324
360
327
After tax
417
426
390
423
Living cost
280
280
280
280
Free-cash
137
146
110
143

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
£533
£676
£645
£633
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%.

-
-
-
750
microenterprise

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

-
-
-
7
total
-
-
-
7
Employee
83
-
750
-
income
17
-
150
-
total
17
-
150
-
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%.

667
750
-
-
total
-
-
-
-
Dividends
667
750
-
-
withholding
33
38
-
-
total
33
38
-
-
Income
750
750
750
750
Total tax
50
38
150
7
After tax
700
712
600
743
Living cost
67
67
67
67
Free-cash
633
645
533
676

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
£134
£155
£278
£203
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.

-
-
-
750
income
-
-
-
144
health
-
-
-
74
unemployment
-
-
-
1
pensions
-
-
-
137
total
-
-
-
356
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
-
649
-
income
68
-
133
-
health
25
-
42
-
unemployment
1
-
1
-
pensions
61
-
101
-
total
155
-
277
-
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
-
649
-
unemployment
-
-
-
-
pensions
35
-
57
-
health
26
-
43
-
total
61
-
100
-
Corporate
294
750
-
-
income
56
142
-
-
total
56
142
-
-
Dividends
238
608
-
-
withholding
36
91
-
-
total
36
91
-
-
Income
750
750
750
750
Total tax
308
233
377
356
After tax
442
517
373
394
Living cost
239
239
239
239
Free-cash
203
278
134
155

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
£225
£113
£117
£166
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.

-
-
-
750
income
-
-
-
254
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
-
-
-
313
Employee
409
-
709
-
social contributions
41
-
41
-
income
44
-
119
-
total
85
-
160
-
Employer
409
-
709
-
social contributions
41
-
41
-
total
41
-
41
-
Corporate
299
750
-
-
income
105
262
-
-
total
105
262
-
-
Dividends
195
488
-
-
social contributions
29
47
-
-
total
29
47
-
-
Income
750
750
750
750
Total tax
260
309
201
313
After tax
490
441
549
437
Living cost
324
324
324
324
Free-cash
166
117
225
113

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
£301
£293
£268
£273
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
-
-
-
750
income
-
-
-
112
social contributions
-
-
-
104
health
-
-
-
52
total
-
-
-
268
Employee
303
-
750
-
income
50
-
104
-
social contributions
42
-
104
-
health
21
-
52
-
total
113
-
260
-
Employer
303
-
750
-
total
-
-
-
-
Corporate
447
750
-
-
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%.

22
38
-
-
total
22
38
-
-
Dividends
425
712
-
-
withholding
64
107
-
-
health
30
50
-
-
social contributions
59
98
-
-
total
153
255
-
-
Income
750
750
750
750
Total tax
288
293
260
268
After tax
462
457
490
482
Living cost
189
189
189
189
Free-cash
273
268
301
293

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
£137
£122
£272
£186
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
-
-
-
750
income
-
-
-
64
social contributions
-
-
-
219
solidarity contribution
-
-
-
-
health
-
-
-
101
total
-
-
-
384
Employee
359
-
560
-
solidarity contribution
-
-
-
-
income
43
-
67
-
social contributions
23
-
36
-
health
48
-
76
-
total
114
-
179
-
Employer
359
-
560
-
social contributions
90
-
140
-
health
32
-
50
-
total
122
-
190
-
Corporate
269
750
-
-
income
51
143
-
-
total
51
143
-
-
Dividends
218
607
-
-
withholding
33
91
-
-
total
33
91
-
-
Income
750
750
750
750
Total tax
320
234
369
384
After tax
430
516
381
366
Living cost
244
244
244
244
Free-cash
186
272
137
122

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
£496
£639
£608
£589
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%.

-
-
-
750
microenterprise

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

-
-
-
7
total
-
-
-
7
Employee
130
-
750
-
income
26
-
150
-
total
26
-
150
-
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%.

620
750
-
-
total
-
-
-
-
Dividends
620
750
-
-
withholding
31
38
-
-
total
31
38
-
-
Income
750
750
750
750
Total tax
57
38
150
7
After tax
693
712
600
743
Living cost
104
104
104
104
Free-cash
589
608
496
639

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
£7
£6
-£53
£7
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
-
-
-
750
income
-
-
-
51
social contributions
-
-
-
21
health
-
-
-
6
surtax
-
-
-
-
pensions
-
-
-
212
other
-
-
-
23
total
-
-
-
313
Employee
559
-
572
-
income
49
-
52
-
social contributions
16
-
16
-
surtax
-
-
-
-
pensions
63
-
65
-
total
128
-
133
-
Employer
559
-
572
-
unemployment
23
-
23
-
social contributions
2
-
2
-
pensions
92
-
94
-
other
19
-
20
-
health
39
-
40
-
total
175
-
179
-
Corporate
16
750
-
-
income
5
210
-
-
surtax
-
-
-
-
total
5
210
-
-
Dividends
12
540
-
-
withholding
2
69
-
-
surtax
-
-
-
-
social contributions
2
93
-
-
total
4
162
-
-
Income
750
750
750
750
Total tax
312
372
312
313
After tax
438
378
438
437
Living cost
431
431
431
431
Free-cash
7
-53
7
6

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
£231
£225
£388
£344
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.

-
-
-
750
income
-
-
-
122
health
-
-
-
68
unemployment
-
-
-
10
pensions
-
-
-
171
total
-
-
-
371
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
-
636
-
income
32
-
124
-
health
12
-
33
-
unemployment
2
-
5
-
pensions
32
-
89
-
total
78
-
251
-
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
-
636
-
unemployment
2
-
5
-
pensions
28
-
76
-
health
12
-
33
-
total
42
-
114
-
Corporate
476
750
-
-
income
71
112
-
-
total
71
112
-
-
Dividends
405
638
-
-
withholding
61
96
-
-
total
61
96
-
-
Income
750
750
750
750
Total tax
252
208
365
371
After tax
498
542
385
379
Living cost
154
154
154
154
Free-cash
344
388
231
225

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
-£33
£5
-£281
-£49
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
-
-
-
750
regional
-
-
-
24
national
-
-
-
4
health
-
-
-
2
city
-
-
-
8
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.

-
-
-
15
pensions
-
-
-
69
total
-
-
-
122
Employee
730
-
671
-
regional
24
-
21
-
city
8
-
7
-
health
2
-
2
-
unemployment
-
-
-
-
national
3
-
3
-
pensions
61
-
56
-
total
98
-
89
-
Employer
730
-
671
-
unemployment
-
-
-
-
pensions
61
-
56
-
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
-
13
-
health
2
-
2
-
total
78
-
71
-
Corporate
-
750
-
-
regional
-
159
-
-
national
-
64
-
-
total
-
223
-
-
Dividends
-
528
-
-
withholding
-
185
-
-
total
-
185
-
-
Income
750
750
750
750
Total tax
176
408
160
122
After tax
574
342
590
628
Living cost
623
623
623
623
Free-cash
-49
-281
-33
5

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
£96
£205
£167
£132
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

-
-
-
750
municipal
-
-
-
134
national
-
-
-
60
health
-
-
-
8
total
-
-
-
202
Employee
470
-
631
-
health
4
-
6
-
unemployment
7
-
9
-
national
8
-
31
-
municipal
77
-
103
-
pensions
32
-
43
-
total
128
-
192
-
Employer
470
-
631
-
unemployment
3
-
4
-
pensions
81
-
109
-
accident
-
-
1
-
health
4
-
5
-
total
88
-
119
-
Corporate
192
750
-
-
income
38
150
-
-
total
38
150
-
-
Dividends

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

115
450
-
-
national
-
9
-
-
municipal
21
81
-
-
total
21
90
-
-
Income
750
750
750
750
Total tax
275
240
311
202
After tax
475
510
439
548
Living cost
343
343
343
343
Free-cash
132
167
96
205

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
-£24
£43
£96
-£73
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
-
-
-
750
national
-
-
-
235
social contributions
-
-
-
109
communal

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

-
-
-
38
total
-
-
-
382
Employee

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

639
-
581
-
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
-
27
-
communal

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

33
-
30
-
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
-
5
-
national
196
-
174
-
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
-
44
-
total
313
-
280
-
Employer

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

639
-
581
-
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
-
8
-
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
-
51
-
surtax
72
-
66
-
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
-
8
-
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
-
36
-
total
185
-
169
-
Corporate
-
750
-
-
income
-
150
-
-
surtax
-
3
-
-
total
-
153
-
-
Dividends
-
597
-
-
withholding

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

-
176
-
-
total
-
176
-
-
Income
750
750
750
750
Total tax
498
329
449
382
After tax
252
421
301
368
Living cost
325
325
325
325
Free-cash
-73
96
-24
43

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
£32
£5
£41
£32
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
-
-
-
750
municipal
-
-
-
159
national
-
-
-
-
health
-
-
-
47
accident
-
-
-
1
unemployment
-
-
-
1
pensions
-
-
-
81
other
-
-
-
87
total
-
-
-
376
Employee
526
-
571
-
national
-
-
-
-
municipal
157
-
170
-
total
157
-
170
-
Employer
526
-
571
-
unemployment
14
-
15
-
pensions
57
-
62
-
other
61
-
66
-
accident
1
-
1
-
health
32
-
35
-
total
165
-
179
-
Corporate
59
750
-
-
income
13
165
-
-
total
13
165
-
-
Dividends
46
585
-
-
withholding
14
175
-
-
total
14
175
-
-
Income
750
750
750
750
Total tax
349
340
349
376
After tax
401
410
401
374
Living cost
369
369
369
369
Free-cash
32
41
32
5

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
£217
£110
£48
-£661
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
-
-
-
750
income
-
-
-
146
social contributions
-
-
-
86
total
-
-
-
232
Employee
586
-
-
-
income
129
-
-
-
social contributions
48
-
7
-
total
177
-
7
-
Employer
586
-
-
-
social contributions
826
-
118
-
total
826
-
118
-
Corporate
-
750
-
-
income
-
165
-
-
total
-
165
-
-
Dividends
-
585
-
-
income
-
129
-
-
total
-
129
-
-
Income
750
750
750
750
Total tax
1 003
294
125
232
After tax
-253
456
625
518
Living cost
408
408
408
408
Free-cash
-661
48
217
110

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
£257
£261
£257
£224
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
-
-
-
750
income
-
-
-
63
social contributions
-
-
-
117
health
-
-
-
19
total
-
-
-
199
Employee
686
686
686
-
income
72
64
64
-
social contributions
33
57
57
-
health
7
12
12
-
total
112
133
133
-
Employer
686
686
686
-
social contributions
33
57
57
-
health
7
13
13
-
total
40
70
70
-
Corporate
307
-
-
-
income
38
-
-
-
total
38
-
-
-
Dividends
269
-
-
-
withholding
46
-
-
-
total
46
-
-
-
Income
750
750
750
750
Total tax
236
203
203
199
After tax
514
547
547
551
Living cost
290
290
290
290
Free-cash
224
257
257
261

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
£150
£234
£238
£189
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
-
-
-
750
income
-
-
-
139
pensions
-
-
-
53
total
-
-
-
192
Employee
445
-
662
-
income
81
-
118
-
health
6
-
10
-
pensions
34
-
60
-
total
121
-
188
-
Employer
445
-
662
-
pensions
45
-
75
-
health
8
-
13
-
total
53
-
88
-
Corporate
251
750
-
-
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.

48
142
-
-
total
48
142
-
-
Dividends
204
608
-
-
withholding
15
46
-
-
total
15
46
-
-
Income
750
750
750
750
Total tax
237
188
276
192
After tax
513
562
474
558
Living cost
324
324
324
324
Free-cash
189
238
150
234

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
-£1
£33
£39
-£2
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
-
-
-
750
municipal
-
-
-
5
regional
-
-
-
14
national
-
-
-
149
social contributions
-
-
-
193
total
-
-
-
361
Employee
752
-
750
-
regional
11
-
11
-
social contributions
254
-
253
-
national
127
-
127
-
municipal
4
-
4
-
total
396
-
395
-
Employer
752
-
750
-
total
-
-
-
-
Corporate
-
750
-
-
nationa
-
180
-
-
municipal
-
36
-
-
total
-
216
-
-
Dividends
-
534
-
-
withholding
-
139
-
-
total
-
139
-
-
Income
750
750
750
750
Total tax
396
355
395
361
After tax
354
395
355
389
Living cost
356
356
356
356
Free-cash
-2
39
-1
33

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
£195
£329
-£126
£31
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
-
-
-
750
income
-
-
-
176
health
-
-
-
18
accident
-
-
-
2
pensions
-
-
-
35
other
-
-
-
3
total
-
-
-
234
Employee
293
-
631
-
income
40
-
112
-
health
34
-
72
-
pensions
33
-
65
-
total
107
-
249
-
Employer
293
-
631
-
unemployment
7
-
15
-
pensions
48
-
93
-
accident
5
-
11
-
total
60
-
119
-
Corporate
397
750
-
-
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.

357
675
-
-
total
357
675
-
-
Dividends
40
75
-
-
withholding
8
14
-
-
total
8
14
-
-
Income
750
750
750
750
Total tax
532
689
368
234
After tax
218
61
382
516
Living cost
187
187
187
187
Free-cash
31
-126
195
329

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
£204
£156
£43
£157
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.

-
-
-
750
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.

-
-
-
133
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
-
-
-
48
surtax

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

-
-
-
7
total
-
-
-
249
Employee

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

444
-
750
-
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
-
133
-
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
-
7
-
total
100
-
201
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
306
750
-
-
chamber of commerce
2
2
-
-
income
46
112
-
-
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.

3
6
-
-
trade
44
108
-
-
total
95
228
-
-
Dividends
212
521
-
-
withholding
50
127
-
-
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.

3
7
-
-
total
53
134
-
-
Income
750
750
750
750
Total tax
248
362
201
249
After tax
502
388
549
501
Living cost
345
345
345
345
Free-cash
157
43
204
156

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
£238
£216
£414
£341
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.

-
-
-
750
microenterprise
-
-
-
-
income
-
-
-
107
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.

-
-
-
241
surtax
-
-
-
-
total
-
-
-
348
Employee
261
-
604
-
income
46
-
114
-
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
-
66
-
surtax
-
-
-
-
total
75
-
180
-
Employer
261
-
604
-
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
-
146
-
surtax
-
-
-
-
total
63
-
146
-
Corporate
426
750
-
-
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%.

85
150
-
-
total
85
150
-
-
Dividends

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

341
600
-
-
total
-
-
-
-
Income
750
750
750
750
Total tax
223
150
326
348
After tax
527
600
424
402
Living cost
186
186
186
186
Free-cash
341
414
238
216

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
£297
£305
£353
£333
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
-
-
-
750
income
-
-
-
185
health
-
-
-
61
pensions
-
-
-
84
total
-
-
-
330
Employee
176
-
655
-
income
34
-
181
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
16
-
38
-
total
61
-
244
-
Employer
176
-
655
-
unemployment
4
-
8
-
pensions
19
-
46
-
health
17
-
40
-
total
40
-
94
-
Corporate
535
750
-
-
income
118
165
-
-
total
118
165
-
-
Dividends
417
585
-
-
withholding
83
117
-
-
total
83
117
-
-
Income
750
750
750
750
Total tax
302
282
338
330
After tax
448
468
412
420
Living cost
115
115
115
115
Free-cash
333
353
297
305

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
£185
£200
£271
£242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
750
income
-
-
-
130
health
-
-
-
53
unemployment
-
-
-
2
surtax
-
-
-
14
pensions
-
-
-
150
other
-
-
-
-
total
-
-
-
349
Employee
301
-
620
-
other
-
-
-
-
income
50
-
121
-
health
8
-
16
-
unemployment
21
-
43
-
surtax
1
-
12
-
pensions
20
-
41
-
total
100
-
233
-
Employer
301
-
620
-
unemployment
10
-
20
-
pensions
40
-
83
-
other
-
-
-
-
health
14
-
28
-
total
64
-
131
-
Corporate
386
750
-
-
income
100
195
-
-
total
100
195
-
-
Dividends
286
555
-
-
withholding
43
83
-
-
total
43
83
-
-
Income
750
750
750
750
Total tax
307
278
364
349
After tax
443
472
386
401
Living cost
200
200
200
200
Free-cash
242
271
185
200

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
-£35
£113
£138
£132
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
-
-
-
750
income
-
-
-
98
chamber of commerce
-
-
-
3
health
-
-
-
57
unemployment
-
-
-
55
surtax
-
-
-
-
pensions
-
-
-
139
total
-
-
-
352
Employee
390
356
582
-
other
4
4
6
-
income
35
26
90
-
health
15
14
23
-
unemployment
12
11
17
-
pensions
40
36
60
-
total
106
91
196
-
Employer
390
356
582
-
unemployment
12
11
17
-
chamber of commerce
2
1
2
-
pensions
49
45
73
-
payroll
12
11
17
-
other
19
17
28
-
surtax
-
-
-
-
accident
5