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
₽ 123000
per

Your estimated
City
free-cash

Edinburgh , United Kingdom
₽48835
₽48065
₽36623
₽48750
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
-
-
-
123 000
income
-
-
-
29 238
pensions
-
-
-
8 013
total
-
-
-
37 251
Employee
51 726
-
107 963
-
pensions
3 948
-
10 265
-
income
9 420
-
21 610
-
health
675
-
1 781
-
total
14 043
-
33 656
-
Employer
51 726
-
107 963
-
health
983
-
2 051
-
pensions
5 226
-
12 986
-
total
6 209
-
15 037
-
Corporate
65 065
123 000
-
-
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.

12 362
23 371
-
-
total
12 362
23 371
-
-
Dividends
52 703
99 629
-
-
withholding
3 952
13 110
-
-
total
3 952
13 110
-
-
Income
123 000
123 000
123 000
123 000
Total tax
36 566
36 481
48 693
37 251
After tax
86 434
86 519
74 307
85 749
Living cost
37 684
37 684
37 684
37 684
Free-cash
48 750
48 835
36 623
48 065

Estimated living cost  is ₽37684 per week

₽25851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽7894
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.

[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Additional information

Source

[[ row[2] ]] [[ row[0] ]]

Additional information

Source